51 Towamencin AveLansdale, PA 19446

  • Mixed-use properties
  • 5,451 SF
For Sale

Property Details for 51 Towamencin Ave

Year built
1925
Lot size
0.22 AC
Property size (Sq ft)
5,451 SF
Zone code
B
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
11-00-17244-00-7
APU
110017244007

Description

This exceptional 5,500 square foot industrial flex building in Lansdale, Pennsylvania, offers a unique investment opportunity. Situated at 51 N Towamencin Ave, 19446, this property boasts two distinct units. Unit 1, a 1,300 square foot ground-level office space, is currently leased. Unit 2 comprises 4,300 square feet of versatile space, including a 2,900 square foot warehouse and a 1,400 square foot second-floor executive office area. The warehouse features a rear-covered loading dock with levelers and two half-ton cranes, ideal for distribution. Built in 1925 and renovated in 1998, this two-story building sits on a single lot and is zoned B/POSR. The high 10-foot ceilings add to its functionality. This centrally located property offers immediate income from the existing tenant and high visibility, making it suitable for various business applications. Its proximity to Routes 63, 363, 202, 73, and the PA Northeast Extension Interstate (I-46) provides excellent accessibility. Forklift and racking are available. The property is available immediately and is within walking distance of borough shopping, restaurants, and the train station. This combination of immediate income, versatile space, and prime location presents a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,354,113
    6.5%
    $1,249,950
    7%
    $1,160,668
  • Comparable approach

    Method
    Valuation
    Relative Method
    $717,015
    Geo Method
    $712,228
  • Alternative Use

    Use
    Valuation
    Residential
    $1,549,938
    Hospitality
    $1,419,735
    Educational
    $1,181,203
    Medical
    $1,221,826
    Retail
    $1,837,427
51 Towamencin Ave, Lansdale, Pennsylvania

Location Insight

City
Lansdale
County
Montgomery
State
Pennsylvania
Latitude
40.2455
Longitude
-75.2889
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,936
$74,210
$66,900
$141,110
-
$74,210
$66,900
$141,110

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