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    931 Wales Rd North Wales, PA 19454

    Sponsored
    For Lease
    Contact for pricing

    1200 SF Retail Pad, Ground Lease/BTS

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,200 square foot vacant pad site presents a remarkable opportunity for retail development in the thriving North Wales, Pennsylvania market. Located at 931 N Wales Rd, in Montgomery County (zip code 19454), this single-tenancy property offers high visibility and accessibility. The site is situated directly in front of an existing Taco Bell, ensuring significant foot traffic and brand synergy. This prime location benefits from its proximity to major retail destinations such as Montgomery Mall and Airport Square. The surrounding area boasts a strong concentration of national retailers, including Wegmans, Dick's Sporting Goods, Best Buy, Chick-fil-A, Starbucks, AutoZone, T-Mobile, Sleep Number, and Chipotle, creating a vibrant and densely populated retail environment. The property is available for ground lease or build-to-suit options, providing flexibility to tailor the development to specific business needs. This presents a unique chance to establish a presence in a high-demand retail corridor with excellent visibility and access to a substantial customer base. The property's convenient location and surrounding retail density make it an ideal investment for businesses seeking a strong foothold in a flourishing market. Serious inquiries are encouraged to explore the possibilities of this exceptional retail pad site.

    Property Features for 931 Wales Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Unit(s) available at that property

    Space
    Size
    1,200 SF

    HighLights

    • High‑traffic corner location at North Wales Road and Bethlehem Pike.
    • Bethlehem Pike boasts approximately 31,000 average daily traffic counts.
    • Strong daytime population of roughly 59,400 within a 3‑mile radius.
    • Average household income within a 3‑mile radius is approximately $154,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Taco Bell Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.24310433112
    Latitude
    40.242380301

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    FAQs

    What type of property is this?
    Retail property - 1200 SF Retail Pad, Ground Lease/BTS
    Where is this retail property located?
    The property is located at 931 Wales Rd North Wales, PA.
    What are key features of this property?
    This property features: High-traffic corner location at North Wales Road and Bethlehem Pike.; Bethlehem Pike boasts approximately 31,000 average daily traffic counts.; Strong daytime population of roughly 59,400 within a 3-mile radius.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    931 Wales Rd North Wales, PA 19454
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