Building Details

Buildings 1

Stories 1

Listing Agency: Prime Realty Group Inc

Listed By: Stuart Dessner · License #PA RM060781A Show Phone

Source: Crexi

Added: Apr 7 Changed: Oct 9 Last Checked: Oct 16 at 9:07AM

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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 Prime Realty Group Inc

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Investment Insights

Based on property information with market context.

This 2,875-square-foot office unit is arranged in a single-story building that has been fully renovated. The property includes an ADA bathroom and parking located behind the building.

The office is located at 911 Montgomery Ave in Penn Valley, Pennsylvania, within a commercially zoned property. Its existing improvements provide a functional starting point for an owner-user seeking a dedicated office location.

Key Highlights

• 2,875‑square‑foot office unit
• Fully renovated single‑story building
• Rear parking area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$45,200

Cap Rate

4.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$904,000 $904.0K

Cap Rate 7%

$645,714 $645.7K

Cap Rate 9%

$502,222 $502.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,875 SF

Gross rent

$74.9K $26.04/SF

− Vacancy

−$14.6K −$5.08/SF

EGI

$60.3K $20.96/SF

− OpEx

−$15.1K −$5.24/SF

NOI

$45.2K $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%

$904,000

Cap Rate 7%

$645,714

Cap Rate 9%

$502,222

Alternative Uses

Best Use

Office B

$645.7K

$565.0K – $753.3K (±1% cap)

NOI $45,200 @ 7.0% cap · market cap 4.11%

Second Best

Retail

$495.8K

$433.8K – $578.4K (±1% cap)

NOI $34,704 @ 7.0% cap · market cap 3.15%

Theoretical Best

Specialty Retail

$1.65M

$1.45M – $1.93M (±1% cap)

NOI $115,761 @ 7.0% cap · market cap 10.52%

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

Property Analytics

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Current Use

Lighthouse Recycling Recycling Center Sabra Photography & Video Photography Service

Suggested Use

Top Pick Restaurant Food Market Grocery & Convenience Store Parking Lot & Garage Barber Shop Daycare Center

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

Location Intelligence

Trade Area within ½ mile

1,041

Businesses Nearby

Explore this area Business Placement

Demographics for 19072, PA

10,008

Population

4,400

Households

2.3

Avg Household Size

45

Median Age

82%

College-Educated

100%

High-School Grad

3.2 sq mi

ZIP Area

3,128

Density / Sq Mi

$175,833

Median Household Income

$86,133

Median Earnings

$1,956

Median Rent

$776,500

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Frequently Asked Questions

What type of property is this?

Office units - Single-story office space with rear parking and an ADA-compliant bathroom.

Where is this office units located?

The property is located at 911 Montgomery Ave Penn Valley, PA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 2,875‑square‑foot office unit; Fully renovated single‑story building; Rear parking area