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    168 Ridge Pike Royersford, PA 19468

    For Sale
    $350,000

    Prime Medical Office, Royersford, PA

    Property size:
    1,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A medical office condo in Royersford, Pennsylvania, presents a unique owner-user opportunity. Located at 168 W Ridge Pike, this 1,950 square foot property is situated within a high-traffic area, boasting over 17,000 cars passing daily. The building, part of a three-building complex, is a two-story structure originally constructed in 2003 and renovated in 2010. The property features a single unit with permitted office zoning, offering ample space for a medical practice or similar business. The asking price is $350,000, translating to $179.49 per square foot. The property's location benefits from a strong local economy, with an average household income exceeding $140,000 annually, and is conveniently located near various amenities and golf courses. The occupancy date is January 1st, 2025, providing ample time for planning and transition. This is an ideal investment for those seeking a well-maintained, strategically located medical office space in a thriving community. The net rentable area is 1,950 square feet. This presents a rare opportunity to acquire a turnkey medical office space in a desirable location.

    Property Features for 168 Ridge Pike

    General Information

    Property type
    Medical offices
    Square Feet
    1,950 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2003/2010
    Buildings
    3
    Stories
    2
    Units
    1

    HighLights

    • Class A medical office condo, 1,950 square feet, in Royersford, PA.
    • Located at 168 W Ridge Pike, high‑traffic area (17,000+ cars daily).
    • Part of a three‑building complex, two‑story building (built 2003, renovated 2010).
    • Single unit, permitted office zoning, ideal for medical practice.
    • Asking price: $350,000 ($179.49/SF).
    • Occupancy date: January 1, 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Royersford
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.5105499
    Latitude
    40.222637

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, Royersford, PA
    Where is this medical office located?
    The property is located at 168 Ridge Pike Royersford, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Class A medical office condo, 1,950 square feet, in Royersford, PA.; Located at 168 W Ridge Pike, high-traffic area (17,000+ cars daily).; Part of a three-building complex, two-story building (built 2003, renovated 2010).
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    Royersford, PA 19468
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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
    168 Ridge Pike Royersford, PA 19468
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