101 N Providence Rd, Wallingford, PA 19086
Office building available for purchase at 101 N Providence Rd in Wallingford, offering approximately 6,100 square feet.
- Added:
- May 24, 2024
- Days on Market:
- 759
- Last Refresh:
- Jun 20 at 3:59 am
Property Features for 101 N Providence Rd
General Information
- Standard status
- Active
- Size
- 6,100 SF
Building Details
- Year Built
- 1921
Listing agent Michael Mulholland License #RS277114 (484) 222-8804
Listing office LONG AND FOSTER REALTORS (484) 222-8804
Listing date May 24, 2024
Source Evrealestate
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 LONG AND FOSTER REALTORS
HighLights
- Office building for purchase at 101 N Providence Rd in Wallingford (Delaware County)
- Approximately 6,100 SF office building
- Built in 1921
- Central air conditioning
- Forced air heating with natural gas
- Electric water heater
Overview
Access is described via major regional routing: from 476 to Baltimore Pike to Beatty Rd and then Providence Rd. The property is identified in Delaware County, with the address located at 101 N Providence Rd, Wallingford, PA 19086. Prospective buyers and tenants can use the provided directions to reach the site.
For buyers seeking an office building purchase, the property’s straightforward office designation and moderate total size may align with an owner-occupant or smaller-scale tenant need. Interested parties should review the space details and suitability for their intended operations, including any specific layout, access, and improvement requirements that are not addressed in the available summary.
Local Financial Insights For Office B
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 | $161.0k | $26.40 |
| − Vacancy | −$27.7k | −$4.54 |
| EGI | $133.3k | $21.86 |
| − OpEx | −$33.3k | −$5.46 |
| NOI | $100.0k | $16.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wallingford
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.380868
- Latitude
- 39.917257