10119 Valley Forge CirKing of Prussia, PA 19406
- Office properties
- 1,920 SF
Property Details for 10119 Valley Forge Cir
- Year built
- 1972
- Lot size
- 0.04 AC
- Property size (Sq ft)
- 1,920 SF
- Zone code
- HR
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 58-00-19300-18-1
- APU
- 580019300181
Description
This exceptional King of Prussia commercial condominium presents a unique investment opportunity. Located at 10119 Valley Forge Circle, this 1,920 square foot property is comprised of two units, each measuring 960 square feet. The building, a Class B property, underwent renovations in 2020. The units are currently 50% occupied, offering immediate income potential and the chance to increase occupancy. Suite A boasts a private bath and kitchenette, while Suite B features a full kitchen and upgraded lighting. The property benefits from a high-traffic location within a complex containing over 500 condominium homes, creating a built-in consumer base. Amenities include off-street parking and 24/7 uniformed security. Its convenient location provides easy access to major highways, including Routes 202, 422, the Schuylkill Expressway, and the Pennsylvania Turnpike. The property is zoned HR (High Rise Residential) and features electric central heat and air conditioning with zoned climate control. This multi-tenant property is offered for sale by owner at $499,000. The property is a one-story building within a fifteen-story complex.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $483,580
- 6.5%
- $446,382
- 7%
- $414,497
-
Comparable approach
- Method
- Valuation
- Relative Method
- $246,412
- Geo Method
- $250,867
-
Alternative Use
- Use
- Valuation
- Residential
- $553,513
- Hospitality
- $507,015
- Educational
- $421,831
- Medical
- $436,338
- Retail
- $656,181
Location Insight
- City
- King Of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.1062
- Longitude
- -75.414
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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