Office Building with Illuminated
860 E Welsh Road E, Maple Glen, PA 19002
For Sale
New
$825,000
The two-story layout combines private offices, reception space, an open upper floor, and basement storage.
Property Size2,400 SF
Price / SF$343.75
Days on Market2
Property Features for 860 E Welsh Road E
General Information
Standard status
Size
Zoning
Additional Details
Condition
Road Access
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Carpet,Fully Carpeted
Electric
Yes
Natural Gas
2
No
Public
4100
100.00 x 0.00
0.84
Assessor
Parking Lot
Paved Parking,Private
Black Top
20
Block
2400.00
0.00
State
97
Building Details
Building Size
Year Built
Stories
Listing Agency:
RE/MAX Legacy
(215) 822-8200
Listed By:
John J Handschuh · License #RS208307
(215) 651-2157
Source:
Newprecisionrealty
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 5:05AM
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 RE/MAX Legacy
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,400-square-foot office building, constructed in 1935, has two levels of workspace and a full basement. The first floor includes several offices, a reception area, and a restroom. Upstairs are a large open area, a separate office, a small kitchen, and a restroom; the second floor is currently occupied by a State Farm Insurance Agency. A three-car garage and a large parking lot accompany the building. The property also has an illuminated sign, and roofing on all buildings was replaced in 2021. The first floor has gas heat and central air, with its compressor replaced three years ago. The second floor has central air conditioning with heat.
The property is on Route 63, also identified as Welsh Road, between Limekiln Pike and Norristown Road in Maple Glen. Its office configuration includes reception, private offices, open workspace, and storage areas across the two floors and basement.
The property is on Route 63, also identified as Welsh Road, between Limekiln Pike and Norristown Road in Maple Glen. Its office configuration includes reception, private offices, open workspace, and storage areas across the two floors and basement.
Key Highlights
- 2,400‑square‑foot office building constructed in 1935
- Two floors plus a full basement
- First floor has multiple offices, reception area, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,732
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,640
$754.6K
Cap Rate 7%
$539,029
$539.0K
Cap Rate 9%
$419,244
$419.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$62.5K $26.04/SF
− Vacancy
−$12.2K −$5.08/SF
EGI
$50.3K $20.96/SF
− OpEx
−$12.6K −$5.24/SF
NOI
$37.7K $15.72/SF
Area
Montgomery 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 Rate 5%
$754,640
Cap Rate 7%
$539,029
Cap Rate 9%
$419,244
Alternative Uses
Best Use
Office B
$539.0K
$471.7K – $628.9K
NOI $37,732 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,635 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
Explore this area
Business Placement
Demographics for 19002, PA
33,279
Population
12,607
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
98%
High-School Grad
20.2 sq mi
ZIP Area
1,647
Density / Sq Mi
$140,070
Median Household Income
$70,319
Median Earnings
$1,605
Median Rent
$558,800
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Montgomery County, PA
Properties on Market for Office buildings in Montgomery County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - The two-story layout combines private offices, reception space, an open upper floor, and basement storage.
Where is this office building located?
The property is located at 860 E Welsh Road E Maple Glen, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 2,400‑square‑foot office building constructed in 1935; Two floors plus a full basement; First floor has multiple offices, reception area, and restroom
