649 Lewis RdRoyersford, PA 19468

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 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.

• 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

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

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