Automotive Machine Shop
114 Airport Rd Pottstown, PA 19464
114 Airport Rd, Pottstown, PA, 19464
$2,500,000
For Sale
$2,500,000
Flex space includes radiant heat, five drive-in doors, outdoor storage, and a 4-bedroom apartment setup.
Property Size12,000 SF
Lot Size4.50 Acres
Price / SF$208.33
Days on Market155
Property Features for 114 Airport Rd
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 4.50 Acres
Listing agency
Pillar Real Estate Advisors
(484) 887-8202
Listed by
Eric Kuhn · License #RS296255
(484) 887-8202
Source
Exprealty
Added: Feb 17 Updated: Jul 21 at 11:27PM Checked: Jul 21 at 11:27PM
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 Pillar Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering features approximately 12,000 SF of flex space currently operating as an automotive machine shop. The property also includes a 2,400 SF, 4-bedroom apartment, radiant heat, and outdoor storage. Operationally, it is supported by 5 drive-in doors.
The site is situated on 4.5 acres with public sewer and well water. The public remarks also note convenient access to Rt 422 and Ridge Pike.
The configuration is designed to support both shop and on-site residential use, while the multiple drive-in doors and outdoor storage can accommodate service and equipment staging needs.
The site is situated on 4.5 acres with public sewer and well water. The public remarks also note convenient access to Rt 422 and Ridge Pike.
The configuration is designed to support both shop and on-site residential use, while the multiple drive-in doors and outdoor storage can accommodate service and equipment staging needs.
Key Highlights
- 12,000 SF flex space currently used as an automotive machine shop
- 4.5‑acre property with 5 drive‑in doors for convenient vehicle access
- Radiant heat throughout the flex space
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $18.00 |
| − Vacancy | −$22.2k | −$1.85 |
| EGI | $193.8k | $16.15 |
| − OpEx | −$58.1k | −$4.84 |
| NOI | $135.6k | $11.30 |
12,000 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.26M
NOI $135,626 @ 7.0% cap · market cap 5.43%
Second Best
Flex RnD
$1.47M
$1.28M – $1.71M
NOI $102,696 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$3.64M
$3.18M – $4.24M
NOI $254,680 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
HG CNC Machine ...
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex space includes radiant heat, five drive-in doors, outdoor storage, and a 4-bedroom apartment setup.
Where is this flex space located?
The property is located at 114 Airport Rd Pottstown, PA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12,000 SF flex space currently used as an automotive machine shop; 4.5‑acre property with 5 drive‑in doors for convenient vehicle access; Radiant heat throughout the flex space
