This exceptional commercial property, located at 1364 Welsh Road in North Wales, Pennsylvania (zip code 19454), presents a unique opportunity for both owner-users and investors. The property encompasses three Class A office buildings totaling 28,414 square feet, situated on a 2.63-acre lot. The buildings feature a flexible layout suitable for various office uses, including executive, medical, and creative office spaces. With 17,000 square feet of net rentable space, the property offers ample room for expansion or multiple tenants. The property boasts excellent visibility and signage opportunities due to its prime location on busy Welsh Road (Route 63). Ample parking is provided at a ratio of 3.6 spaces per 1,000 square feet. The property is zoned LI-Limited Industrial (APN: 46-04249007), offering versatility for various business types. Space is available in sizes ranging from 1,000 to 5,000 square feet. This is a rare opportunity to acquire a well-located, multi-building office complex in a thriving Montgomery County market. The asking price is $1,995,000. The property consists of three buildings across two stories.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,058,478
6.5%
$6,515,518
7%
$6,050,124
Comparable approach
Method
Valuation
Relative Method
$3,737,528
Geo Method
$3,712,573
Alternative Use
Use
Valuation
Residential
$8,079,242
Hospitality
$7,400,542
Educational
$6,157,164
Medical
$6,368,919
Retail
$9,577,812
Location Insight
City
North Wales
County
Montgomery
State
Pennsylvania
Latitude
40.2127
Longitude
-75.234
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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