Medical Condo in Havertown,
510 Darby Rd, Havertown, PA 19083
For Sale
Contact for pricing
3,002 SF medical condo in a high-traffic location.
Property Size3,002 SF
Price / SF$241.51
Days on Market253
Property Features for 510 Darby Rd
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Building Details
Buildings
Stories
Units
Listing Agency:
Capital Commercial Real Estate
Listed By:
Abigail "Abby" Manero · License #PA AB069254
(610) 329-0523
Source:
Crexi
Added: Mar 2
Changed: Oct 26
Last Checked: Nov 8 at 6:19AM
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 Capital Commercial Real Estate
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Investment Insights
Based on property information with market context.
Located at 510 Darby Road in Havertown, PA, this property presents a commercial real estate opportunity. The property features a 3,002 SF medical condo suite (Units 2A, 2B, and 2C) previously occupied by a medical/office tenant. Constructed in 1980, the well-maintained facility includes elevator access, 440V electric service, and central A/C. It has 30 dedicated parking spaces in a private, paved, and lighted lot. The property is zoned C (Commercial) and is situated on a high-visibility corner lot at the intersection of Darby Road and E. Langhorne Avenue, with traffic counts of 10,000–15,000 VPD. The location is in the heart of Delaware County within the Haverford Township School District. The property has efficient operating expenses covering snow removal, water and trash. This property is suitable for investment or owner occupancy.
Key Highlights
- High‑visibility corner lot location at Darby Road and E. Langhorne Avenue with significant traffic
- 3,002 SF medical condo suite - ideal for investment, owner/occupant, or medical/office use
- 30 dedicated parking spaces in a private, paved, and lighted lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,349
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,980
$767.0K
Cap Rate 7%
$547,843
$547.8K
Cap Rate 9%
$426,100
$426.1K
Market Conditions
NOI Build-Up for 3,002 SF
Gross rent
$67.7K $22.56/SF
− Vacancy
−$16.6K −$5.53/SF
EGI
$51.1K $17.03/SF
− OpEx
−$12.8K −$4.26/SF
NOI
$38.3K $12.77/SF
Area
Pittsburgh, PA
Vacancy
24.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,980
Cap Rate 7%
$547,843
Cap Rate 9%
$426,100
Alternative Uses
Best Use
Office B
$547.8K
$479.4K – $639.2K
NOI $38,349 @ 7.0% cap · market cap 5.29%
Second Best
Healthcare Medical
$519.7K
$454.7K – $606.3K
NOI $36,377 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$956.1K
$836.6K – $1.12M
NOI $66,925 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 19083, PA
36,964
Population
13,752
Households
2.7
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
6,601
Density / Sq Mi
$120,233
Median Household Income
$61,467
Median Earnings
$1,386
Median Rent
$424,100
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Delaware County, PA
Properties on Market for Medical Office Space in Delaware County
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 3,002 SF medical condo in a high-traffic location.
Where is this medical office space located?
The property is located at 510 Darby Rd Havertown, PA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: High‑visibility corner lot location at Darby Road and E. Langhorne Avenue with significant traffic; 3,002 SF medical condo suite - ideal for investment, owner/occupant, or medical/office use; 30 dedicated parking spaces in a private, paved, and lighted lot
