Limerick Office Condo For
For Sale
Contact for pricing
Pending
168 W Ridge Pike, Royersford, PA 19468
1950 SF office condo in Limerick, PA for sale.
Property Size1,950 SF
Days on Market723
Property Features for 168 W Ridge Pike
General Information
Standard status
Pending
Size
1,950 SF
Class
A
Property subtype
Office
Zoning
Office
Investment Type
Owner/User
Building Details
Year Built
2003
Year Renovated
2010
Buildings
3
Stories
2
Units
1
Listing Agency:
Omega Commercial Real Estate, Inc
Listed By:
Joe O'Donnell · License #PA RM421358
Source:
Crexi
Added: Nov 5, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:11AM
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 Omega Commercial Real Estate, Inc
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Investment Insights
Based on property information with market context.
Located in Limerick, PA, this 1,950 square foot office condo is available for purchase. Situated at 168 West Ridge Pike, the property benefits from high visibility and a strategic location. The area experiences a high traffic volume, with over 17,000 cars passing daily. The surrounding area features diverse local amenities and proximity to numerous golf courses. This property is suitable for owner-occupiers looking to establish or expand their business.
Key Highlights
- Strategic location with high visibility on West Ridge Pike
- Affordable price at $350,000 ($179.49/sf)
- High traffic count of over 17,000 cars passing daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,657
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,140
$613.1K
Cap Rate 7%
$437,957
$438.0K
Cap Rate 9%
$340,633
$340.6K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$50.8K $26.04/SF
− Vacancy
−$9.9K −$5.08/SF
EGI
$40.9K $20.96/SF
− OpEx
−$10.2K −$5.24/SF
NOI
$30.7K $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%
$613,140
Cap Rate 7%
$437,957
Cap Rate 9%
$340,633
Alternative Uses
Best Use
Office B
$438.0K
$383.2K – $511.0K
NOI $30,657 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$981.5K – $1.31M
NOI $78,516 @ 7.0% cap · market cap 22.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 19468, PA
27,869
Population
11,560
Households
2.4
Avg Household Size
41
Median Age
48%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,649
Density / Sq Mi
$106,261
Median Household Income
$60,951
Median Earnings
$1,688
Median Rent
$383,500
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - 1950 SF office condo in Limerick, PA for sale.
Where is this office unit located?
The property is located at 168 W Ridge Pike Royersford, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Strategic location with high visibility on West Ridge Pike; Affordable price at $350,000 ($179.49/sf); High traffic count of over 17,000 cars passing daily
