168 W Ridge Pike, Royersford, PA 19468
1950 SF office condo in Limerick, PA for sale.
- Added:
- Nov 5, 2024
- Days on Market:
- 587
- Last Refresh:
- May 12 at 9:02 pm
Property Features for 168 W Ridge Pike
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing agent Joe O'Donnell License #PA RM421358
Listing office Omega Commercial Real Estate, Inc
Listing date Nov 5, 2024
Source Crexi
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 Omega Commercial Real Estate, Inc
HighLights
- Strategic location with high visibility on West Ridge Pike
- Affordable price at $350,000 ($179.49/sf)
- High traffic count of over 17,000 cars passing daily
- Strong average household income in the area ($140,000/year)
- 1,950 SF office condo suitable for owner/occupiers
- Proximity to diverse local amenities and numerous golf courses
Overview
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 | $50.8k | $26.04 |
| − Vacancy | −$9.9k | −$5.08 |
| EGI | $40.9k | $20.96 |
| − OpEx | −$10.2k | −$5.24 |
| NOI | $30.7k | $15.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Royersford
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.511184
- Latitude
- 40.222273
