Renovated Flex
New
For Sale
Contact for pricing
376 CROOKED LANE, King of Prussia, PA 19406
Limited industrial zoning and round-the-clock access support a range of commercial operations.
Property Size1,442 SF
Price / SF$1.50
Days on Market5
Property Features for 376 CROOKED LANE
General Information
Standard status
Active
Size
1,442 SF
Property subtype
Commercial
Zoning
Limited Industrial
Additional Details
Highway Access
Yes
Building Details
Year Built
1967
Listing Agency:
J.M. Basile & Associates Inc.
Listed By:
Suzanne Basile · License #RM419140
(610) 768-4000
Source:
Cummingsrealtors
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:19AM
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 J.M. Basile & Associates Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,442 +/- SF flex space was renovated and offers ground-floor entry. The property is zoned Limited Industrial, providing for a range of potential uses, and occupants have access seven days a week, around the clock.
The property is surrounded by residential communities and has access to Routes 202 and 422, the Schuylkill Expressway, and the Pennsylvania Turnpike. Nearby amenities include King of Prussia Mall, Valley Forge Hotel Casino & Convention Center, restaurants, shops, banks, and day care.
The property is surrounded by residential communities and has access to Routes 202 and 422, the Schuylkill Expressway, and the Pennsylvania Turnpike. Nearby amenities include King of Prussia Mall, Valley Forge Hotel Casino & Convention Center, restaurants, shops, banks, and day care.
Key Highlights
- 1,442 +/- SF of renovated flex space
- Limited Industrial zoning
- Ground‑floor entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,587
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,740
$211.7K
Cap Rate 7%
$151,243
$151.2K
Cap Rate 9%
$117,633
$117.6K
Market Conditions
NOI Build-Up for 1,442 SF
Gross rent
$16.4K $11.40/SF
− Vacancy
−$1.3K −$0.91/SF
EGI
$15.1K $10.49/SF
− OpEx
−$4.5K −$3.15/SF
NOI
$10.6K $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%
$211,740
Cap Rate 7%
$151,243
Cap Rate 9%
$117,633
Alternative Uses
Best Use
Flex RnD
$236.1K
$206.6K – $275.5K
NOI $16,527 @ 7.0% cap · market cap 764.08%
Second Best
Industrial
$151.2K
$132.3K – $176.5K
NOI $10,587 @ 7.0% cap · market cap 489.46%
Theoretical Best
Specialty Retail
$829.5K
$725.8K – $967.7K
NOI $58,062 @ 7.0% cap · market cap 2,684.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Aramark — 479 Shoemaker Rd, King of Prussia, PA 19406
- Wild Blue Creative Catering — 380 Crooked Ln #2, King of Prussia, PA 19406
Frequently Asked Questions
What type of property is this?
Flex space - Limited industrial zoning and round-the-clock access support a range of commercial operations.
Where is this flex space located?
The property is located at 376 CROOKED LANE King of Prussia, PA.
What are key features of this property?
This property features: 1,442 +/- SF of renovated flex space; Limited Industrial zoning; Ground‑floor entry
