633 Jones AveLansdale, PA 19446

Property Details for 633 Jones Ave

Year built

2001

Lot size

0.40 AC

Property size (Sq ft)

6,488 SF

Zone code

VPR

Property type

Office properties

Property subtype

Office buildings

APN

56-00-04465-00-6

APU

560004465006

Description

This 7,000 square foot industrial/flex building in Lansdale, Pennsylvania, sits on a 0.4-acre lot and offers a versatile space ideal for various businesses. The property features three 10' x 15' drive-in doors, providing convenient access for loading and unloading. High ceilings, measuring 20 feet clear, offer ample vertical space for storage or equipment. Parking is plentiful with 24 spaces available. The building also includes a well-equipped bathroom, shower, and locker room, catering to employee needs. A secondary 700 square foot office space is located on the second floor. The building is equipped with 3-phase power, oil heat, and connects to public water and sewer lines. The property is available for lease or sale. Please note that a 60-day period is required after lease execution to allow for the owner to remove existing contents. The lease commencement date is negotiable to accommodate tenant needs. This property presents a unique opportunity for businesses seeking a functional and well-maintained industrial space in a desirable location. The combination of ample space, convenient features, and flexible lease terms makes this an attractive option for a variety of industrial and flex-space users.

• CAP approach

  CAP return

  Valuation

  6%

  $1,611,720

  6.5%

  $1,487,741

  7%

  $1,381,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $853,420

  Geo Method

  $847,722

• Alternative Use

  Use

  Valuation

  Residential

  $1,844,799

  Hospitality

  $1,689,826

  Educational

  $1,405,916

  Medical

  $1,454,267

  Retail

  $2,186,980

Location Insight

City

Lansdale

County

Montgomery

State

Pennsylvania

Latitude

40.2082

Longitude

-75.2997

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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