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Flex Space with Bank Barn
For Sale
$1,400,000

112 TERRACE ROAD, Boyertown, PA 19512

Owner-occupant property with conditional trade-business use, extensive accessory buildings, and substantial storage capacity.

Property Size4,848 SF
Lot Size13.00 Acres
Price / SF$288.78
Days on Market52

Property Features for 112 TERRACE ROAD

General Information

Standard status Active
Size 4,848 SF
Lot size 13.00 Acres
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency: Kelly Real Estate, Inc.
Listed By: Brian C Kelly · License #RM052045A
Source: Cummingsrealtors
Added: Aug 18 Changed: Oct 7 Last Checked: Oct 7 at 12:34PM

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 Kelly Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 4,848-square-foot expanded stone farmhouse combines residential space with an office suite and extensive commercial-oriented improvements. The property includes a renovated 67' x 35' two-level bank barn with four garage bays, an oversized 39' x 19' garage with a 12' x 12' overhead door, a separate 30' x 15' garage, and a stone springhouse. Two parking lots provide space for multiple vehicles, while the residence offers substantial storage through its attic, basement, and additional interior areas.

Earl Township has granted conditional use allowing the property to operate as a trade business for an owner-occupant; specific conditions should be confirmed with the township. Set on about 13 acres at 112 Terrace Road outside Boyertown, the property also features updated living areas, office-capable rooms, extensive patios and porches, a 33' x 35' courtyard, and an in-ground pool. The combination of workspace, vehicle storage, office accommodation, and residential improvements supports a range of owner-occupant configurations subject to applicable approvals.

Key Highlights

  • 4,848 SF expanded stone farmhouse with incorporated office suite
  • Conditional use granted for an owner‑occupied trade business; confirm details with Earl Township
  • 67' x 35' two‑level bank barn with two garages on each level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,620
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,400 $812.4K
Cap Rate 7%
$580,286 $580.3K
Cap Rate 9%
$451,333 $451.3K
Market Conditions
NOI Build-Up for 4,848 SF
Gross rent
$62.8K $12.96/SF
− Vacancy
−$8.7K −$1.79/SF
EGI
$54.2K $11.17/SF
− OpEx
−$13.5K −$2.79/SF
NOI
$40.6K $8.38/SF
Area
Berks County, PA
Vacancy
13.80%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,400
Cap Rate 7%
$580,286
Cap Rate 9%
$451,333

Alternative Uses

Best Use
Office B
$580.3K
$507.8K – $677.0K (±1% cap)
NOI $40,620 @ 7.0% cap · market cap 2.90%
Second Best
Warehouse
$490.7K
$429.4K – $572.5K (±1% cap)
NOI $34,349 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$795.8K
$696.4K – $928.5K (±1% cap)
NOI $55,709 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Restaurant Law Firm Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19512, PA

16,928
Population
6,726
Households
2.5
Avg Household Size
46
Median Age
23%
College-Educated
91%
High-School Grad
43.3 sq mi
ZIP Area
391
Density / Sq Mi
$76,036
Median Household Income
$49,954
Median Earnings
$1,146
Median Rent
$247,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Owner-occupant property with conditional trade-business use, extensive accessory buildings, and substantial storage capacity.
Where is this flex space located?
The property is located at 112 TERRACE ROAD Boyertown, PA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4,848 SF expanded stone farmhouse with incorporated office suite; Conditional use granted for an owner‑occupied trade business; confirm details with Earl Township; 67' x 35' two‑level bank barn with two garages on each level
More about this property
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