Office Units with Monument
650 DRESHER ROAD, Horsham, PA 19044
For Sale
Contact for pricing
Flexible NNN office space offers high ceilings, immediate availability, and access to regional highway connections.
Property Size14,000 SF
Lot Size4.26 Acres
Price / SF$0.00
Days on Market99
Property Features for 650 DRESHER ROAD
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Amenities
High Ceilings
Attractive Monument Signage
Building Details
Year Built
Buildings
Tenancy
Owner Occupied
Listing Agency:
New Horizons Real Estate, Inc.
Listed By:
Robin A Della Franzia · License #RM044032A
(215) 343-8100
Source:
Cummingsrealtors
Added: Aug 3
Changed: Nov 8
Last Checked: Nov 8 at 6:27AM
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 New Horizons Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This office property provides 10,000 to 14,000 square feet of immediately available NNN space within a building constructed in 1985. The configuration can support office and technology operations, with high ceilings and prominent monument signage along Dresher Road. The ownership occupies the other half of the building and will consider tenant improvements.
The property sits on 4.26 acres with parking for more than 100 cars. Regional highway connections serve Philadelphia and surrounding suburban markets, while the Willow Grove Exit and Fort Washington slip ramp of the PA Turnpike are each within 1.5 miles. The available area offers flexibility for a corporate headquarters or other office-oriented configuration supported by the property’s zoning disclosure.
The property sits on 4.26 acres with parking for more than 100 cars. Regional highway connections serve Philadelphia and surrounding suburban markets, while the Willow Grove Exit and Fort Washington slip ramp of the PA Turnpike are each within 1.5 miles. The available area offers flexibility for a corporate headquarters or other office-oriented configuration supported by the property’s zoning disclosure.
Key Highlights
- 10,000 - 14,000 Square Ft of immediately available NNN office space
- 4.26‑acre property with 100+ car Parking
- High ceilings and monument signage facing busy Dresher Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$255,730
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,114,600
$5.1M
Cap Rate 7%
$3,653,286
$3.7M
Cap Rate 9%
$2,841,444
$2.8M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$396.5K $28.32/SF
− Vacancy
−$55.5K −$3.96/SF
EGI
$341.0K $24.36/SF
− OpEx
−$85.2K −$6.09/SF
NOI
$255.7K $18.27/SF
Area
Montgomery County, PA
Vacancy
14.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,114,600
Cap Rate 7%
$3,653,286
Cap Rate 9%
$2,841,444
Alternative Uses
Best Use
Office B
$3.65M
$3.20M – $4.26M
NOI $255,730 @ 7.0% cap · market cap 1,704,866.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$8.05M
$7.05M – $9.40M
NOI $563,706 @ 7.0% cap · market cap 3,758,040.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
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Business Placement
Demographics for 19044, PA
16,273
Population
7,144
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
92%
High-School Grad
9.0 sq mi
ZIP Area
1,808
Density / Sq Mi
$96,189
Median Household Income
$49,945
Median Earnings
$1,434
Median Rent
$372,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Montgomery County, PA
Properties on Market for Office Units in Montgomery County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible NNN office space offers high ceilings, immediate availability, and access to regional highway connections.
Where is this office unit located?
The property is located at 650 DRESHER ROAD Horsham, PA.
What are key features of this property?
This property features: 10,000 - 14,000 Square Ft of immediately available NNN office space; 4.26‑acre property with 100+ car Parking; High ceilings and monument signage facing busy Dresher Road
