Concrete-Block
New
For Sale
$899,000
5 River Rd, Conshohocken, PA 19428
Vacant industrial building with three-phase power, flexible work areas, and outdoor storage capability.
Property Size3,800 SF
Price / SF$256.86
Days on Market7
Property Features for 5 River Rd
General Information
Standard status
Active
Size
3,800 SF
Property subtype
Commercial
Zoning
Limited Industrial
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
3,800 SF
Office Build-Out
160 SF
Drive-In Doors
1
Voltage
240 V
Three-Phase Power
Yes
Heavy Power
Yes
Building Details
Year Built
1957
Building Size
3,800 SF
Construction
concrete block
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Paul D. Bresadola · License #AB066195
(215) 264-7674
Source:
Viewmarylandhomesforsale
Added: Sep 8
Changed: Sep 13
Last Checked: Sep 13 at 11:20AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This approximately 3,800 SF concrete-block warehouse sits on a flag lot exceeding 3/4 acre and was built in 1957. The interior combines open, column-supported workspace with a reception and office area measuring approximately 16x10 feet, two restrooms, and a drive-in overhead door. A beam-mounted material-handling hoist supports warehouse operations, while a separate approximately 200 SF Quonset hut provides additional covered storage.
The property includes 240/120V three-phase power, gas forced-air heat that was recently serviced, and a recently replaced membrane roof. Well water and on-site sewage serve the building. A level yard, off-street parking, and a cleared, graded rear section provide space for parking, laydown, or outdoor storage. The site is zoned Limited Industrial, lies in Zone X outside the FEMA flood hazard area, and is near I-476, I-76, the PA Turnpike, and the Schuylkill River Trail. The building is delivered vacant and sold as-is.
The property includes 240/120V three-phase power, gas forced-air heat that was recently serviced, and a recently replaced membrane roof. Well water and on-site sewage serve the building. A level yard, off-street parking, and a cleared, graded rear section provide space for parking, laydown, or outdoor storage. The site is zoned Limited Industrial, lies in Zone X outside the FEMA flood hazard area, and is near I-476, I-76, the PA Turnpike, and the Schuylkill River Trail. The building is delivered vacant and sold as-is.
Key Highlights
- Approximately 3,800 SF concrete‑block warehouse on over 3/4 acre
- 240/120V three‑phase power with drive‑in overhead door
- Recently replaced membrane roof and recently serviced gas forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,800
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$716,000
$716.0K
Cap Rate 7%
$511,429
$511.4K
Cap Rate 9%
$397,778
$397.8K
Market Conditions
NOI Build-Up for 3,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.8K $13.08/SF
− Vacancy
−$3.7K −$1.05/SF
EGI
$42.1K $12.03/SF
− OpEx
−$6.3K −$1.81/SF
NOI
$35.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$716,000
Cap Rate 7%
$511,429
Cap Rate 9%
$397,778
Alternative Uses
Best Use
Warehouse
$511.4K
$447.5K – $596.7K
NOI $35,800 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,927 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19428, PA
19,690
Population
10,032
Households
2
Avg Household Size
36
Median Age
66%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
2,697
Density / Sq Mi
$116,566
Median Household Income
$73,713
Median Earnings
$1,900
Median Rent
$445,900
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
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Similar Off Market Nearby
- Storage First — 101 Barren Hill Rd, Conshohocken, PA 19428
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant industrial building with three-phase power, flexible work areas, and outdoor storage capability.
Where is this warehouse located?
The property is located at 5 River Rd Conshohocken, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 3,800 SF concrete‑block warehouse on over 3/4 acre; 240/120V three‑phase power with drive‑in overhead door; Recently replaced membrane roof and recently serviced gas forced‑air heat
