Havertown Medical/Professional Office
For Sale
$725,000
2a-2b-2c-1st-floor-510 Darby Rd, Havertown, PA
3,002 SF medical/office condo in a high-visibility location.
Property Size3,002 SF
Price / SF$241.51
Days on Market161
Property Features for 2a-2b-2c-1st-floor-510 Darby Rd
General Information
Standard status
Active
Size
3,002 SF
Listing Agency:
Capital Commercial Real Estate Group
(610) 329-0523
Listed By:
Abigail C Manero · License #AB069254
(610) 329-0523
Source:
Exprealty
Added: Mar 2
Changed: Jul 6
Last Checked: Aug 9 at 12:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Commercial Real Estate Group
Investment Insights
Based on property information with market context.
Located in Havertown, PA, this property offers a 3,002 square foot medical/office condo suite. The condo, comprised of Units 2A, 2B, and 2C on the first floor, is ADA accessible. The property is situated on a corner lot at the intersection of Darby Road and E. Langhorne Avenue, with traffic counts between 10,000 and 15,000 vehicles per day. The facility includes elevator access, 440V electric service, and central A/C. It features 30 dedicated parking spaces in a private, paved, and lighted lot. The property is zoned C (Commercial) and has efficient operating expenses covering snow removal, water, and trash. The total estimated tax amount is $15,647.00. The property is located in the heart of Delaware County, anchored in a densely populated suburban market. The property is suitable for an investor or owner/occupant.
Key Highlights
- Prime Medical/Professional Office Condo: 3,002 SF, ideal for owner/occupant or investment, lease options available.
- Strategic High‑Visibility Location: Corner lot at Darby Road and E. Langhorne Avenue with 10,000–15,000 VPD traffic counts.
- Ample Parking: Enjoy 30 dedicated parking spaces in a private, paved, and lighted lot.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,349
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,980
$767.0K
Cap Rate 7%
$547,843
$547.8K
Cap Rate 9%
$426,100
$426.1K
Market Conditions
NOI Build-Up for 3,002 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.7K $22.56/SF
− Vacancy
−$16.6K −$5.53/SF
EGI
$51.1K $17.03/SF
− OpEx
−$12.8K −$4.26/SF
NOI
$38.3K $12.77/SF
Area
Pittsburgh, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,980
Cap Rate 7%
$547,843
Cap Rate 9%
$426,100
Alternative Uses
Best Use
Office B
$547.8K
$479.4K – $639.2K
NOI $38,349 @ 7.0% cap · market cap 5.29%
Second Best
Healthcare Medical
$519.7K
$454.7K – $606.3K
NOI $36,377 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$956.1K
$836.6K – $1.12M
NOI $66,925 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,475
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Vetovich Stephen J — 200 lothrop st # b208, pittsburgh, pa 15213
Frequently Asked Questions
What type of property is this?
Medical Office Space - 3,002 SF medical/office condo in a high-visibility location.
Where is this medical office space located?
The property is located at 2a-2b-2c-1st-floor-510 Darby Rd Havertown, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime Medical/Professional Office Condo: 3,002 SF, ideal for owner/occupant or investment, lease options available.; Strategic High‑Visibility Location: Corner lot at Darby Road and E. Langhorne Avenue with 10,000–15,000 VPD traffic counts.; Ample Parking: Enjoy 30 dedicated parking spaces in a private, paved, and lighted lot.
