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    113 & County Line Rd Souderton, PA 18964

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    For Sale
    Contact for pricing

    4,275 SF Vacant Retail/Office Space

    Property size:
    4,275 SF

    Property Features for 113 & County Line Rd

    General Information

    Property type
    Land
    Square Feet
    4,275 SF
    Lot Size
    32,670 SF

    We can help!

    Listing Contact
    Del Markward
    Del Markward

    Listing Agency: Markward Group Listing Agent: Del Markward

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 4,275 square foot commercial property, located at the intersection of Route 113 and County Line Road in Souderton, Pennsylvania, presents a unique investment opportunity. Situated on a 0.75-acre lot, this vacant space is zoned for General Commercial use and offers flexibility for a variety of retail or office businesses. The property boasts convenient access to major roadways, ensuring high visibility and accessibility for customers and employees. With an estimated 19,200 vehicles per day traveling on Route 113 (north of County Line Road) and 11,500 vehicles per day on County Line Road, this location offers significant traffic exposure. The property is serviced by public water, sewer, and natural gas utilities, simplifying development and operational costs. The "build-to-suit" potential allows for customization to meet specific business needs, making it an ideal location for businesses seeking a prominent presence in a thriving Montgomery County community. The property's classification includes Retail, Office, and Pad Site designations, providing versatility for various commercial ventures. This prime location in Souderton, PA (zip code 18964) offers a compelling opportunity for businesses seeking high visibility and convenient access within a busy commercial corridor. The property is currently vacant, allowing for immediate occupancy and customization.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Souderton
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3112328
    Latitude
    40.314883

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    FAQs

    What type of property is this?
    Land - 4,275 SF Vacant Retail/Office Space
    Where is this land located?
    The property is located at 113 & County Line Rd Souderton, PA.
    What are key features of this property?
    This property features: Build-to-suit opportunity.; Public water, sewer, and natural gas utilities.; High traffic count: 19,200 VPD on Route 113 (north of County Line Rd) and 11,500 VPD on County Line Road.
    (610) 295-6600 Call to check price and availability
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    113 & County Line Rd Souderton, PA 18964
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    Souderton, PA 18964
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    113 & County Line Rd Souderton, PA 18964
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Del Markward
    Del Markward
    (610) 295-6600 (610) 295-6603 (610) 306-6600
    Learn more
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