1200 Welsh RdNorth Wales, PA 19454
- Office properties
- 0.30 AC
Property Details for 1200 Welsh Rd
- Lot size
- 0.30 AC
- Zone code
- S
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 46-00-04151-40-9
- APU
- 460004151409
Description
Montgomery Commons offers 13,260 square feet of vacant retail space within a thriving 190,592 square foot shopping center in North Wales, Pennsylvania. Located at 1200 Welsh Rd, this Class B property boasts a prime location in Montgomery County, situated on Route 63. The center comprises five single-story buildings with a total of 28 suites. Recent renovations in 2023 enhance the property's appeal. The 5-acre lot provides ample parking and visibility. The property is zoned for Shopping Center District use. Strong existing tenants include Redner's Warehouse Market, Nova Care Medical, Verizon, 2nd Ave, and Dollar Tree, ensuring high traffic and a vibrant atmosphere. This multi-tenant property presents a unique opportunity for businesses seeking a well-established location with excellent visibility and access. The available space is ideal for a variety of medical or service-oriented businesses. No elevators are present. This is a must-see opportunity for businesses seeking a prominent location in a high-traffic area of Montgomery County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,293,990
- 6.5%
- $3,040,606
- 7%
- $2,823,420
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,744,197
- Geo Method
- $1,732,552
-
Alternative Use
- Use
- Valuation
- Residential
- $3,770,351
- Hospitality
- $3,453,621
- Educational
- $2,873,372
- Medical
- $2,972,192
- Retail
- $4,469,690
Location Insight
- City
- North Wales
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.2281
- Longitude
- -75.2566
- 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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