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 Market632
Property Features for 168 W Ridge Pike
General Information
Standard status
Pending
Size
1,950 SF
Property subtype
Office
Building Details
Year Built
2003
Listing Agency:
Omega Commercial Real Estate, Inc
Listed By:
Joe O'Donnell · License #PA RM421358
Source:
Crexi
Added: Nov 5, 2024
Changed: Jul 6
Last Checked: Jul 25 at 2:10PM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $26.04 |
| − Vacancy | −$9.9k | −$5.08 |
| EGI | $40.9k | $20.96 |
| − OpEx | −$10.2k | −$5.24 |
| NOI | $30.7k | $15.72 |
1,950 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
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.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 1950 SF office condo in Limerick, PA for sale.
Where is this office units 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
