Building Details

Year Built 1975

Listing Agency: Preferred Properties Plus

Listed By: Jeffrey Torchia · License #SB065687 Show Phone

Source: Cummingsrealtors

Added: Nov 1 Changed: Nov 3 Last Checked: Nov 3 at 2:44PM

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Investment Insights

Based on property information with market context.

This 8,000-square-foot warehouse was built in 1975. Interior features include poured concrete floors, 16-foot ceiling heights, two overhead doors, and a 12-foot-by-12-foot loading dock.

The property is just off Route 63, providing access to a major roadway.

Key Highlights

• 8,000 square feet of warehouse space
• Two overhead garage doors
• 12' x 12' loading dock

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$81,828

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,636,560 $1.6M

Cap Rate 7%

$1,168,971 $1.2M

Cap Rate 9%

$909,200 $909.2K

What to ask about pricing

Market Conditions

NOI Build-Up for 8,000 SF

Gross rent

$104.6K $13.08/SF

− Vacancy

−$8.4K −$1.05/SF

EGI

$96.3K $12.03/SF

− OpEx

−$14.4K −$1.81/SF

NOI

$81.8K $10.23/SF

Area

Montgomery County, PA

Vacancy

8.00%

Lease Rate

$13.08 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,636,560

Cap Rate 7%

$1,168,971

Cap Rate 9%

$909,200

Alternative Uses

Best Use

Warehouse

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,828 @ 7.0% cap · market cap 1,363.80%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$4.60M

$4.03M – $5.37M (±1% cap)

NOI $322,118 @ 7.0% cap · market cap 5,368.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Storage Facility Garden Center Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

141

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 18054, PA

4,615

Population

1,834

Households

2.5

Avg Household Size

46

Median Age

40%

College-Educated

94%

High-School Grad

16.9 sq mi

ZIP Area

273

Density / Sq Mi

$109,613

Median Household Income

$48,778

Median Earnings

$1,716

Median Rent

$408,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - The facility offers two overhead doors and a 12-foot loading dock for shipment handling.

Where is this warehouse located?

The property is located at 3003 MAIN STREET Green Lane, PA.

What are key features of this property?

This property features: 8,000 square feet of warehouse space; Two overhead garage doors; 12' x 12' loading dock