840 1st Ave King Of Prussia, PA 19406-4062
- Office buildings
- 29,234 SF
- 3.00 lot acres
Current Use by Public Records
- N2Growth / Human Resource Consulting / Business Management Consultant
- Arc Intermedia / Marketing Agency / Marketing Consultant
- The Downey Firm, LLC / Real Estate Attorney / Criminal Justice Attorney
- Law Office of Tejal Mehta PC / Law Firm / Attorney
- divorce done differently / Attorney
Property Details for 840 1st Ave
- Year built
- 1968
- Lot size
- 3.00 lot acres
- Property size
- 29,234 SF
- Zone code
- SM
- Property type
- Office buildings
- APN
- 58-00-06820-00-7
- APU
- 580006820007
Description
This exceptional 3,862 square foot office suite, located at 840 1st Ave, King of Prussia, PA 19406, is now available for lease. Situated within the First Avenue Business Commons, a single-story, 28,000 square foot building on 3 acres, this space boasts a prestigious address in the King of Prussia Wayne submarket. Built in 1968 and renovated in 2008, the property features a 22-foot ceiling height and ample parking with 95 spaces. The suite itself offers a sophisticated layout including a double French glass door entrance, reception area, five private offices, a conference room, kitchenette, and an in-suite bathroom with shower. Its prime location provides easy access to major King of Prussia amenities such as the King of Prussia Mall, TopGolf, and King of Prussia Town Center. The property is zoned SM and has a Montgomery County APN of 58-00-06820-00-7. The building benefits from heavy power capabilities. This is a rare opportunity to secure a high-quality, move-in ready executive office space in a highly desirable location. The property taxes are $1.54 per square foot. This space is ideal for businesses seeking a professional and convenient location. Don't miss this chance to secure this exceptional office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,785,000
- 6.5%
- $5,440,000
- 7%
- $5,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,940,000
- Geo Method
- $5,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,050,000
- Retail
- $5,460,000
- Mixed-Use
- $5,915,000
- Hospitality
- $5,910,000
- Educational
- $4,990,000
- Residential Income
- $6,550,000
- Energy
- $5,360,000
- Income-Based Land
- $5,305,000
- Food Service
- $6,665,000
Location Insight
- Map
- Local Demand
- City
- King Of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.4007
- Latitude
- 40.0964
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
