Three-Story Brick Manufacturing
For Sale
$1,150,000
50 1ST AVENUE, Royersford, PA 19468
Historic industrial building with open interiors, three-phase electric, and public water and sewer.
Property Size14,256 SF
Price / SF$80.67
Days on Market8
Property Features for 50 1ST AVENUE
General Information
Standard status
Active
Size
14,256 SF
Property subtype
Commercial
Additional Details
Utilities to Site
Yes
Three-Phase Power
Yes
Building Details
Year Built
1885
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Kline Real Estate Works
(610) 213-1473
Listed By:
Keith S Kline · License #RM426216
(610) 213-1473
Source:
Cummingsrealtors
Added: Aug 2
Changed: Aug 9
Last Checked: Aug 9 at 6:38AM
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 Kline Real Estate Works
Investment Insights
Based on property information with market context.
Built in 1885, this three-story brick industrial building in Royersford Borough contains 14,256 square feet of open interior space. The property is currently used as a woodworking studio and includes natural gas steam heat, three-phase electric service, public water, and public sewer.
The offering also includes adjacent tax parcel 19-00-01389-005, a .07-acre parking lot beside the building. The property sits along the Schuylkill River within a downtown revitalization project, with the structure positioned at 50 1st Avenue in Royersford, Pennsylvania.
The offering also includes adjacent tax parcel 19-00-01389-005, a .07-acre parking lot beside the building. The property sits along the Schuylkill River within a downtown revitalization project, with the structure positioned at 50 1st Avenue in Royersford, Pennsylvania.
Key Highlights
- 14,256‑square‑foot, three‑story brick industrial building
- Constructed in 1885
- Currently operating as a woodworking studio
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
$104,662
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
9.10%
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%
$2,093,240
$2.1M
Cap Rate 7%
$1,495,171
$1.5M
Cap Rate 9%
$1,162,911
$1.2M
Market Conditions
NOI Build-Up for 14,256 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
$162.5K $11.40/SF
− Vacancy
−$13.0K −$0.91/SF
EGI
$149.5K $10.49/SF
− OpEx
−$44.9K −$3.15/SF
NOI
$104.7K $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 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%
$2,093,240
Cap Rate 7%
$1,495,171
Cap Rate 9%
$1,162,911
Alternative Uses
Best Use
Flex RnD
$2.33M
$2.04M – $2.72M
NOI $163,393 @ 7.0% cap · market cap 14.21%
Second Best
Industrial
$1.50M
$1.31M – $1.74M
NOI $104,662 @ 7.0% cap · market cap 9.10%
Theoretical Best
Specialty Retail
$8.20M
$7.18M – $9.57M
NOI $574,014 @ 7.0% cap · market cap 49.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Historic industrial building with open interiors, three-phase electric, and public water and sewer.
Where is this manufacturing property located?
The property is located at 50 1ST AVENUE Royersford, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 14,256‑square‑foot, three‑story brick industrial building; Constructed in 1885; Currently operating as a woodworking studio
