HVAC-Use Flex
For Sale
Contact for pricing
2840 Pine Rd, Huntingdon Valley, PA 19006
A contractor previously occupied the unit for an extended period, with a history of heating and air conditioning use.
Property Size13,000 SF
Price / SF$0.73
Days on Market15
Property Features for 2840 Pine Rd
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Commercial
Building Details
Year Built
1988
Listing Agency:
RE/MAX Properties
(215) 968-7400
Listed By:
Eldar Badal · License #RS3596723
(267) 746-6000
Source:
Cummingsrealtors
Added: Oct 14
Changed: Oct 27
Last Checked: Oct 26 at 3:23PM
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 RE/MAX Properties
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Investment Insights
Based on property information with market context.
Located at 2840 Pine Rd, Unit F, in Huntingdon Valley, Pennsylvania, this 13,000-square-foot flex space was built in 1988. The unit served as the premises of a large HVAC business for many years, establishing a history of heating and air conditioning use.
Key Highlights
- 13,000 square feet of flex space
- Previously occupied by a large HVAC business for many years
- Built in 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,441
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,908,820
$1.9M
Cap Rate 7%
$1,363,443
$1.4M
Cap Rate 9%
$1,060,456
$1.1M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$148.2K $11.40/SF
− Vacancy
−$11.9K −$0.91/SF
EGI
$136.3K $10.49/SF
− OpEx
−$40.9K −$3.15/SF
NOI
$95.4K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,908,820
Cap Rate 7%
$1,363,443
Cap Rate 9%
$1,060,456
Alternative Uses
Best Use
Flex RnD
$2.13M
$1.86M – $2.48M
NOI $148,997 @ 7.0% cap · market cap 1,570.04%
Second Best
Industrial
$1.36M
$1.19M – $1.59M
NOI $95,441 @ 7.0% cap · market cap 1,005.70%
Theoretical Best
Specialty Retail
$7.48M
$6.54M – $8.72M
NOI $523,442 @ 7.0% cap · market cap 5,515.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19006, PA
23,148
Population
8,691
Households
2.7
Avg Household Size
45
Median Age
54%
College-Educated
96%
High-School Grad
13.3 sq mi
ZIP Area
1,740
Density / Sq Mi
$124,302
Median Household Income
$60,236
Median Earnings
$1,430
Median Rent
$518,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A contractor previously occupied the unit for an extended period, with a history of heating and air conditioning use.
Where is this flex space located?
The property is located at 2840 Pine Rd Huntingdon Valley, PA.
What are key features of this property?
This property features: 13,000 square feet of flex space; Previously occupied by a large HVAC business for many years; Built in 1988
