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    131 HULMEVILLE Avenue Penndel, PA 19047

    View on Map
    For Lease
    $1,650 /Mo

    CommercialLease - PENNDEL, PA

    Type:Retail
    Lot size:
    0.41 Acres
    Added:
    Dec 11, 2025
    Days on Market:
    113
    Last Refresh:
    Apr 3 at 3:06 pm

    Property Features for 131 HULMEVILLE Avenue

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    6
    Parking features
    Parking Lot, Garage
    Standard status
    Active
    Lot size
    0.41 Acres

    Utilities

    Heating system
    Hot Water(Heating), Baseboard
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1926
    Number of units
    1
    Building materials
    Frame

    We can help!

    Listing Contact
    Charles A Sperber

    Listing agent Charles A Sperber License #RS290722

    Listing office Coldwell Banker Hearthside Realtors 2600 Philmont Avenue unit: 100, Richboro, PA

    Listing date Dec 11, 2025

    MLS# PABU2110458

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Storefront in PENNDEL, PA

    This commercial space in PENNDEL, PA, offers a premium storefront location with high visibility. The property features large, street-facing windows that provide excellent exposure to both vehicle and foot traffic. The open layout offers flexible floor space that can be easily branded, merchandised, or built out to suit specific business needs. A dedicated basement storage area provides convenient space to keep the sales floor uncluttered. On-site parking is available for both customers and staff, ensuring easy and stress-free visits. The property is situated on a lot of 0.41 acres. This location is suitable for retail, showroom, studio, or service-based businesses seeking to expand their presence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penndel
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.91571
    Latitude
    40.15728

    Nearby Similar for Lease

    • $12/mo

      Freestanding Retail Space Available Now

      6,312 SF retail space with highway access in Penndel.
      145 Lincoln Avenue, Penndel, PA 19047
      View Details
    • Contact for pricing

      High-Visibility Storefront with Parking

      Premium storefront with excellent exposure, open layout, and ample parking.
      131 Hulmeville Ave, PENNDEL, PA 19047
      View Details

    FAQs

    What type of property is this?
    Storefront property - Premium storefront with high visibility, open layout, and ample parking.
    Where is this storefront property located?
    The property is located at 131 HULMEVILLE Avenue Penndel, PA.
    What is the lease rate?
    The lease rate is $1,650 /Mo.
    What are key features of this property?
    This property features: Prime Exposure: High‑visibility storefront with large, street‑facing windows.; Ample Parking: On‑site parking for customers and staff.; Flexible Open Layout: Clear floor space adaptable for various business needs.
    (215) 307-0068
    We can help!
    Listing Contact
    Charles A Sperber
    Real Estate License ID: RS290722
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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