Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Building with Retail Space Title is generated by Realmo AI

    412 Easton Rd, Willow Grove, PA 19090

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Two-story building featuring retail and apartments.

    Type:Office
    Property size:
    2,652 SF
    Added:
    May 1, 2024
    Days on Market:
    764
    Last Refresh:
    May 12 at 8:13 pm

    Property Features for 412 Easton Rd

    General Information

    Standard status
    Active
    Size
    2,652 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Ted Hozza

    Listing agent Ted Hozza License #PA RF331014

    Listing office Situs Properties, Inc.

    Listing date May 1, 2024

    Source Crexi

    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 Situs Properties, Inc.

    HighLights

    • Two‑story building with mixed‑use (retail and apartments).
    • Retail space on the first floor.
    • Apartments on the second floor.
    • Can be sold in conjunction with 410 Easton Road.

    Overview

    This two-story building features retail space on the first floor and apartments on the second floor. The property has a size of 2652 square feet. It can be sold in conjunction with the neighboring property at 410 Easton Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    FailSafe Advisers Insurance Agency Worth Susan E Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Willow Grove
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.119571
    Latitude
    40.147944

    Nearby Similar for Sale

    • $595,000
      4,000 SF

      Prime Retail Building in Willow Grove

      Commercial building in a high-traffic retail corridor.
      419 W MORELAND ROAD, WILLOW GROVE, PA 19090
      View Details
    • $1,250,000

      Fully Leased Retail Strip Center

      Stable, income-producing retail asset in Willow Grove, Pennsylvania.
      407 W MORELAND Road, WILLOW GROVE, PA 19090
      View Details
    • $460,000
      3,300 SF

      Mixed-Use Investment Opportunity, Willow Grove

      High-income mixed-use property in a busy commercial corridor.
      86 N YORK Road, WILLOW GROVE, PA 19090
      View Details
    • Contact for pricing
      13,306 SF

      Renovated Flex Facility For Sale

      Recently renovated, climate-controlled flex facility suitable for multiple uses.
      668 Davisville Road, Willow Grove, PA 19090
      View Details
    • $7,520,000
      5,585 SF

      Wawa Absolute-Net Lease Investment Opportunity

      Absolute-Net Lease investment leased to Wawa, Inc. with over 12 years.
      101 Easton Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Regional Center

      2,000 SF retail space in a super regional shopping center.
      1130 Easton Road, Willow Grove, PA 19090
      View Details
    • Contact for pricing

      Freestanding Retail Building For Sale

      22,500 SF retail building with ample parking.
      300 York Road, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      15,841 SF

      Industrial Property in Willow Grove

      25,841 SF industrial property on 1.66 acres for sale.
      2835 & 2845 Terwood Road, Willow Grove, PA 19090
      View Details
    • $2,100,000

      Fitzwatertown Road Commercial Property

      Commercial property for sale on Fitzwatertown Road.
      630 FITZWATERTOWN ROAD, WILLOW GROVE, PA 19090
      View Details
    • Contact for pricing
      7,694 SF

      Office Building on Easton Road

      Single-story office building with a lower level, totaling 7,694 square feet.
      410 Easton Road, Willow Grove, PA 19090
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story building featuring retail and apartments.
    Where is this mixed-use property located?
    The property is located at 412 Easton Rd Willow Grove, PA.
    What are key features of this property?
    This property features: Two‑story building with mixed‑use (retail and apartments).; Retail space on the first floor.; Apartments on the second floor.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ted Hozza
    Real Estate License ID: PA RF331014
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    412 Easton Rd, Willow Grove, PA 19090
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!