617 Old Reading Pike, Stowe, PA 19464

Building Details

Building Size 6,066 SF More

Listing Agency: Marcus & Millichap - Philadelphia

Listed By: Derrick Dougherty Show Phone

Source: Marcusmillichap

Added: Nov 12 Last Checked: Nov 12 at 2:19PM

Report an Issue

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 Marcus & Millichap - Philadelphia

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This gas station property contains 6,066 SF and is located at 617 Old Reading Pike in Stowe, Pennsylvania. Its position next to a Route 422 on-off ramp places the site alongside a regional roadway connection.

The property is in Montgomery County, within the Philadelphia MSA.

Key Highlights

• 6,066 SF property
• Adjacent to the Route 422 on‑off ramp
• Located at 617 Old Reading Pike in Stowe, Montgomery County, Pennsylvania

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$244,246

Cap Rate

4.88%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,884,920 $4.9M

Cap Rate 7%

$3,489,229 $3.5M

Cap Rate 9%

$2,713,844 $2.7M

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,066 SF

Gross rent

$339.9K $56.04/SF

− Vacancy

−$14.3K −$2.35/SF

EGI

$325.7K $53.69/SF

− OpEx

−$81.4K −$13.42/SF

NOI

$244.2K $40.26/SF

Area

Montgomery County, PA

Vacancy

4.20%

Lease Rate

$56.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,884,920

Cap Rate 7%

$3,489,229

Cap Rate 9%

$2,713,844

Alternative Uses

Best Use

Specialty Retail

$3.49M

$3.05M – $4.07M (±1% cap)

NOI $244,246 @ 7.0% cap · market cap 4.88%

Second Best

Retail

$1.05M

$915.3K – $1.22M (±1% cap)

NOI $73,221 @ 7.0% cap · market cap 1.46%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Pharmacy Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

189

Businesses Nearby

25k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 66% Dining 34%

Turkey Hill Minit Market Shops & Services

8,287 visits/mo 0.1 miles

Dunkin' Donuts Dining

5,690 visits/mo 0.2 miles

Dollar General Shops & Services

5,514 visits/mo 0.1 miles

7-Eleven Shops & Services

2,680 visits/mo 0.4 miles

Valentino's Dining

2,636 visits/mo 0.1 miles

Demographics for 19464, PA

48,409

Population

19,985

Households

2.4

Avg Household Size

39

Median Age

28%

College-Educated

91%

High-School Grad

25.6 sq mi

ZIP Area

1,891

Density / Sq Mi

$76,338

Median Household Income

$44,888

Median Earnings

$1,226

Median Rent

$231,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Gas station - The property is adjacent to an on-off ramp serving Route 422.

Where is this gas station located?

The property is located at 617 Old Reading Pike Stowe, PA.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: 6,066 SF property; Adjacent to the Route 422 on‑off ramp; Located at 617 Old Reading Pike in Stowe, Montgomery County, Pennsylvania