Flex Space With Loading
For Sale
$310,000
Pending
651-651 Swedesford Rd, Malvern, PA 19355
Office and warehouse areas provide separate front and rear entry options.
Property Size1,644 SF
Days on Market124
Property Features for 651-651 Swedesford Rd
General Information
Standard status
Pending
Size
1,644 SF
Total Parking Spaces
7
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
9 ft
Warehouse Space
600 SF
Dock-High Doors
1
Taxes and HOA fees
Annual Taxes
$3,311
Listing Agency:
REAL of Pennsylvania
(610) 687-6060
Listed By:
Brett Furman · License #RM423768
(610) 687-6060
Source:
Exprealty
Added: Apr 29
Changed: Aug 30
Last Checked: Aug 30 at 5:11AM
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 REAL of Pennsylvania
Investment Insights
Based on property information with market context.
This 1,644-square-foot flex unit combines approximately 600 square feet of warehouse area with professional office space. The warehouse includes a loading dock, 9-foot ceilings, heat, a wash basin, and a urinal. Office improvements include an entry area, one private business office, three additional private offices, a powder room, a full bathroom, and a storage closet with shelving and a hot water heater. The office area has heat and central air conditioning, with access from the front or through the rear dock.
Located at 651-651 Swedesford Rd within Swedesford Corporate Center in Malvern, the property is positioned at Swedesford Road and Planebrook Road, also identified as Phoenixville Pike. Access to Routes 30, 401, 202, and the Route 30 Bypass is nearby, with Exton Mall, retail, and dining minutes away. The rear of the property connects directly to the Chester Valley Trail, and the unit includes seven unassigned parking spaces.
Located at 651-651 Swedesford Rd within Swedesford Corporate Center in Malvern, the property is positioned at Swedesford Road and Planebrook Road, also identified as Phoenixville Pike. Access to Routes 30, 401, 202, and the Route 30 Bypass is nearby, with Exton Mall, retail, and dining minutes away. The rear of the property connects directly to the Chester Valley Trail, and the unit includes seven unassigned parking spaces.
Key Highlights
- 1,644 square feet combining office and warehouse space
- Approximately 600 square feet of warehouse area
- Loading dock with 9‑foot ceilings, heat, wash basin, and urinal
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
$25,846
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
8.34%
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%
$516,920
$516.9K
Cap Rate 7%
$369,229
$369.2K
Cap Rate 9%
$287,178
$287.2K
Market Conditions
NOI Build-Up for 1,644 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
$42.8K $26.04/SF
− Vacancy
−$8.3K −$5.08/SF
EGI
$34.5K $20.96/SF
− OpEx
−$8.6K −$5.24/SF
NOI
$25.8K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
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%
$516,920
Cap Rate 7%
$369,229
Cap Rate 9%
$287,178
Alternative Uses
Best Use
Office B
$369.2K
$323.1K – $430.8K
NOI $25,846 @ 7.0% cap · market cap 8.34%
Second Best
Warehouse
$240.2K
$210.2K – $280.3K
NOI $16,816 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$498.4K
$436.1K – $581.5K
NOI $34,891 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
9 ft
Clear height
1
Dock-high doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19355, PA
29,273
Population
11,815
Households
2.5
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
38.3 sq mi
ZIP Area
764
Density / Sq Mi
$162,917
Median Household Income
$87,900
Median Earnings
$1,960
Median Rent
$662,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas provide separate front and rear entry options.
Where is this flex space located?
The property is located at 651-651 Swedesford Rd Malvern, PA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,644 square feet combining office and warehouse space; Approximately 600 square feet of warehouse area; Loading dock with 9‑foot ceilings, heat, wash basin, and urinal
