Mixed-Use Condo with Private
New
For Sale
$260,000
2000 W VALLEY FORGE CIR #125 125, Norristown, PA 19406
The 1,124-square-foot commercial unit combines a private office with an open work area and separate exterior access.
Property Size1,124 SF
Price / SF$231.32
Days on Market3
Property Features for 2000 W VALLEY FORGE CIR #125 125
General Information
Standard status
Active
Size
1,124 SF
Zoning
C
Financials
Asking Price
$260,000
HOA Fee
$270
Additional Details
Highway Access
Yes
Amenities
24/7 on-site security
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Realty Devon-Wayne
Listed By:
Gregory T Basile · License #RS190848L
(610) 647-8300
Source:
Hostetterrealty
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:29AM
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 Keller Williams Realty Devon-Wayne
Investment Insights
Based on property information with market context.
At 2000 W Valley Forge Circle, Unit 125, this 1,124 SF commercial condominium has a private office and an open work area. Access is available from inside the building or through a dedicated exterior entrance. Parking is available at the front of the building and near the private entry. The professionally managed property provides on-site security 24 hours a day, seven days a week, and is zoned C – Commercial Condo.
Other businesses in the building include a restaurant, deli, dry cleaner, salon, dentist, and chiropractor. The property is in King of Prussia, with access to I-76, Route 202, Route 422, and the PA Turnpike. Nearby destinations identified include the Schuylkill River West Trail, King of Prussia Mall, Costco, Wegmans, Walmart, and Valley Forge National Park.
Other businesses in the building include a restaurant, deli, dry cleaner, salon, dentist, and chiropractor. The property is in King of Prussia, with access to I-76, Route 202, Route 422, and the PA Turnpike. Nearby destinations identified include the Schuylkill River West Trail, King of Prussia Mall, Costco, Wegmans, Walmart, and Valley Forge National Park.
Key Highlights
- 1,124 SF commercial condo with a private office and open work area
- Two access points: interior building entry and a private exterior entrance
- Parking at the building front and near the private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,671
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,420
$353.4K
Cap Rate 7%
$252,443
$252.4K
Cap Rate 9%
$196,344
$196.3K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$29.3K $26.04/SF
− Vacancy
−$5.7K −$5.08/SF
EGI
$23.6K $20.96/SF
− OpEx
−$5.9K −$5.24/SF
NOI
$17.7K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,420
Cap Rate 7%
$252,443
Cap Rate 9%
$196,344
Alternative Uses
Best Use
Office B
$252.4K
$220.9K – $294.5K
NOI $17,671 @ 7.0% cap · market cap 6.80%
Second Best
Retail
$193.8K
$169.6K – $226.1K
NOI $13,568 @ 7.0% cap · market cap 5.22%
Theoretical Best
Specialty Retail
$646.5K
$565.7K – $754.3K
NOI $45,258 @ 7.0% cap · market cap 17.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Explore this area
Business Placement
Demographics for 19406, PA
28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The 1,124-square-foot commercial unit combines a private office with an open work area and separate exterior access.
Where is this mixed-use property located?
The property is located at 2000 W VALLEY FORGE CIR #125 125 Norristown, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,124 SF commercial condo with a private office and open work area; Two access points: interior building entry and a private exterior entrance; Parking at the building front and near the private entrance
