542 Lewis RdRoyersford, PA 19468

Property Details for 542 Lewis Rd

Year built

2008

Lot size

0.80 AC

Property size (Sq ft)

34,906 SF

Zone code

OLI

Property type

Office properties

APN

37-00-01610-06-3

APU

370001610063

Description

This exceptional two-story office building, situated in the Royersford submarket cluster, offers a total of 34,906 square feet of versatile space. The property boasts a convenient location, easily accessible from the Phoenixville exit of Route 422, placing it just minutes from King of Prussia. Currently, there are two available suites. The first, located on the second floor, comprises approximately 4,842 square feet. A second, larger space of approximately 6,500 square feet is available on the lower level. Both spaces are divisible to accommodate various business needs, offering flexibility for tenants seeking smaller footprints. The building features a total of 75 parking spaces, ensuring ample parking for employees and clients. The minimum divisible space is 4,842 square feet, while the maximum contiguous space available is 6,429 square feet. This multi-tenant building presents a fantastic opportunity for businesses seeking modern, well-located office space in a thriving area. The building's total suite count is two. The total vacant space currently available is 10,629 square feet. This property is ideal for companies seeking a strategic location with easy access to major transportation routes and a vibrant business community.

• CAP approach

  CAP return

  Valuation

  6%

  $9,631,788

  6.5%

  $8,890,881

  7%

  $8,255,818

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,788,776

  Geo Method

  $4,560,818

• Alternative Use

  Use

  Valuation

  Residential

  $11,024,693

  Hospitality

  $10,098,559

  Educational

  $8,401,883

  Medical

  $8,690,837

  Retail

  $13,069,596

Location Insight

City

Royersford

County

Montgomery

State

Pennsylvania

Latitude

40.2138

Longitude

-75.5436

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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