Two-Story Medical Office
For Sale
$925,000
5039 Route 309, Center Valley, PA 18034
Plans call for a two-story medical office on approximately one acre with 36 parking spaces and a drop-off/pick-up lane.
Property Size6,156 SF
Lot Size1.00 Acre
Price / SF$150.26
Days on Market359
Property Features for 5039 Route 309
General Information
Standard status
Active
Size
6,156 SF
Total Parking Spaces
36
Lot size
1.00 Acre
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,191
Building Details
Stories
2
Listing Agency:
Preferred Properties Plus
(610) 282-1333
Listed By:
Jeffrey D. Torchia · License #SB065687
(610) 360-6466
Source:
Exprealty
Added: Oct 31, 2025
Changed: Oct 13
Last Checked: Oct 24 at 6:14PM
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 Preferred Properties Plus
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Investment Insights
Based on property information with market context.
Approved plans are available for a two-story, TO-BE-BUILT medical office building totaling about 6,156 square feet. The proposed site includes 36 parking spaces along with a dedicated drop-off/pick-up lane. Public water and sewer service are planned for the property.
The property is located on Route 309 in Center Valley, directly across from the St. Luke’s Center Valley Campus. The site is also adjacent to a Putt-U miniature golf course in Upper Saucon Township.
Full plans can be reviewed with the listing agent at their office.
The property is located on Route 309 in Center Valley, directly across from the St. Luke’s Center Valley Campus. The site is also adjacent to a Putt-U miniature golf course in Upper Saucon Township.
Full plans can be reviewed with the listing agent at their office.
Key Highlights
- Approved plans for a 6,156 SF, two‑story medical office building
- Set on 1 acre with 36 parking spaces and a drop‑off/pick‑up lane
- Across Route 309 from St. Lukes Center Valley Campus
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,953
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,060
$899.1K
Cap Rate 7%
$642,186
$642.2K
Cap Rate 9%
$499,478
$499.5K
Market Conditions
NOI Build-Up for 6,156 SF
Gross rent
$65.0K $10.56/SF
− Vacancy
−$5.1K −$0.82/SF
EGI
$59.9K $9.74/SF
− OpEx
−$15.0K −$2.43/SF
NOI
$45.0K $7.30/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,060
Cap Rate 7%
$642,186
Cap Rate 9%
$499,478
Alternative Uses
Best Use
Office B
$642.2K
$561.9K – $749.2K
NOI $44,953 @ 7.0% cap · market cap 4.86%
Second Best
Healthcare Medical
$562.9K
$492.5K – $656.7K
NOI $39,402 @ 7.0% cap · market cap 4.26%
Theoretical Best
Mixed Use
$905.3K
$792.1K – $1.06M
NOI $63,368 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18034, PA
9,271
Population
3,189
Households
2.9
Avg Household Size
41
Median Age
54%
College-Educated
98%
High-School Grad
11.0 sq mi
ZIP Area
843
Density / Sq Mi
$134,137
Median Household Income
$57,938
Median Earnings
$1,399
Median Rent
$398,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Plans call for a two-story medical office on approximately one acre with 36 parking spaces and a drop-off/pick-up lane.
Where is this medical office space located?
The property is located at 5039 Route 309 Center Valley, PA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Approved plans for a 6,156 SF, two‑story medical office building; Set on 1 acre with 36 parking spaces and a drop‑off/pick‑up lane; Across Route 309 from St. Lukes Center Valley Campus
