Building Details

Year Built 1973

Listing Agency: RE/MAX 440 - Skippack Show Phone

Listed By: Bette R McTamney · License #AB067448 Show Phone

Source: Cummingsrealtors

Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:08PM

Report an Issue

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 440 - Skippack

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 195-square-foot retail suite has wide-plank wood flooring, exposed wood beams, gallery lighting, natural light, and HVAC. Free off-street parking is available, with high-speed internet offered as an option.

The space is at 4010 Skippack Pike in Skippack, within a shopping and dining district. The Village Barn Shoppes have operated since 1973 and include independently owned specialty shops.

Key Highlights

• 195‑square‑foot retail suite
• Exposed wood beams, wide‑plank flooring, gallery lighting, and natural light
• HVAC and free off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$2,354

Suggested Prices Based on Cap Rates

Cap Rate 5%

$47,080 $47.1K

Cap Rate 7%

$33,629 $33.6K

Cap Rate 9%

$26,156 $26.2K

What to ask about pricing

Market Conditions

NOI Build-Up for 195 SF

Gross rent

$3.5K $18.00/SF

− Vacancy

−$147 −$0.76/SF

EGI

$3.4K $17.24/SF

− OpEx

−$1.0K −$5.17/SF

NOI

$2.4K $12.07/SF

Area

Montgomery County, PA

Vacancy

4.20%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$47,080

Cap Rate 7%

$33,629

Cap Rate 9%

$26,156

Alternative Uses

Best Use

Retail

$33.6K

$29.4K – $39.2K (±1% cap)

NOI $2,354 @ 7.0% cap · market cap 355.05%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$112.2K

$98.2K – $130.9K (±1% cap)

NOI $7,852 @ 7.0% cap · market cap 1,184.31%

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

Property Analytics

Current Use

Pages and Parchment (Bike/Boat/Book/etc) Store The Shoppes at Green Wolf's ... Shopping Center & Mall Art by Heart ... Art Gallery D-town Disc Golf (Bike/Boat/Book/etc) Store Green Wolf 4010 ... Furniture & Home Goods

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Pharmacy Storage Facility Barber Shop Daycare Center

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

460

Businesses Nearby

42k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Wawa Shops & Services

41,791 visits/mo 0.1 miles

Demographics for 19474, PA

682

Population

144

Households

4.7

Avg Household Size

48

Median Age

44%

College-Educated

100%

High-School Grad

0.1 sq mi

ZIP Area

6,820

Density / Sq Mi

$63,807

Median Earnings

$327,000

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Retail space - A compact storefront offers HVAC, gallery lighting, and natural light.

Where is this retail space located?

The property is located at 4010 SKIPPACK PIKE SUITE 2 Skippack, PA.

What are key features of this property?

This property features: 195‑square‑foot retail suite; Exposed wood beams, wide‑plank flooring, gallery lighting, and natural light; HVAC and free off‑street parking