649 Lewis RdRoyersford, PA 19468

  • Office properties
  • 39,342 SF
For Lease

Property Details for 649 Lewis Rd

Year built
1988
Lot size
2.64 AC
Property size (Sq ft)
39,342 SF
Zone code
OLI
Property type
Office properties
Property subtype
Office buildings
APN
37-00-01762-00-1
APU
370001762001

Description

The Limerick Medical Building, a Class A, two-story medical office building, offers 38,734 square feet of space in Royersford, Pennsylvania. Built in 1989 and extensively renovated in 2022, this property boasts 11 suites, with 6,422 square feet currently vacant, divisible into spaces ranging from 1,280 to 6,422 contiguous square feet. Located at 649 N Lewis Rd, Royersford, PA 19468 (cross street: D and L Drive), the building sits on 2.81 acres in Montgomery County and is zoned for Limited Industrial District (APN: 37-00-01762-001). The convenient location offers easy access to Route 422, US Route 202, and Interstate-76, placing it minutes from major transportation arteries. Ample parking is provided with 168 spaces, and a single elevator services the building. Its prime location directly across from the Phoenixville Hospital Outpatient and Surgery Center presents a unique opportunity for medical practices seeking synergistic placement. This exceptional property is ideal for medical and office users in Montgomery County and the surrounding Western Suburbs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,855,836
    6.5%
    $10,020,772
    7%
    $9,305,002
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,397,354
    Geo Method
    $5,140,426
  • Alternative Use

    Use
    Valuation
    Residential
    $12,425,757
    Hospitality
    $11,381,926
    Educational
    $9,469,629
    Medical
    $9,795,304
    Retail
    $14,730,534
649 Lewis Rd, Royersford, Pennsylvania

Location Insight

City
Royersford
County
Montgomery
State
Pennsylvania
Latitude
40.2208
Longitude
-75.543
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
$99,530
-
-
$2,574,000
-
-
-
$2,574,000

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