Flex Space with Office and
For Sale
$625,000
D-1458 County Line Rd, Huntingdon Valley, PA 19006
Condominium flex unit combines warehouse functionality with two floors of divided office space and dedicated loading access.
Property Size4,200 SF
Price / SF$148.81
Days on Market14
Property Features for D-1458 County Line Rd
General Information
Standard status
Active
Size
4,200 SF
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
2,000 SF
Office Build-Out
2,200 SF
Dock-High Doors
1
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$5,234
Listing Agency:
Keller Williams Real Estate - Southampton
(215) 460-2774
Listed By:
Thomas W. Montague, III
(215) 460-2774
Source:
Exprealty
Added: Jul 29
Changed: Aug 10
Last Checked: Aug 10 at 8:13AM
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 Keller Williams Real Estate - Southampton
Investment Insights
Based on property information with market context.
Unit D at 1458 County Line Rd Condominium provides 4,200 SF of flex space, combining approximately 2,000 SF of warehouse area with 2,200 SF of office space across two floors. The warehouse includes an 18-foot ceiling, loading dock, air conditioning, and 3-phase electric service.
The office component is arranged with eight private offices, a conference room, bullpen area, and two powder rooms. The exterior has been recently painted. Condominium use restrictions apply, including a prohibition on automotive repairs.
The office component is arranged with eight private offices, a conference room, bullpen area, and two powder rooms. The exterior has been recently painted. Condominium use restrictions apply, including a prohibition on automotive repairs.
Key Highlights
- 4,200 SF flex unit with approximately 2,000 SF warehouse and 2,200 SF office space
- 18‑foot warehouse ceiling with loading dock
- 3‑phase electric service and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,138
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$962,760
$962.8K
Cap Rate 7%
$687,686
$687.7K
Cap Rate 9%
$534,867
$534.9K
Market Conditions
NOI Build-Up for 4,200 SF
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.
Gross rent
$79.6K $18.96/SF
− Vacancy
−$5.6K −$1.33/SF
EGI
$74.1K $17.63/SF
− OpEx
−$25.9K −$6.17/SF
NOI
$48.1K $11.46/SF
Area
Montgomery County, PA
Vacancy
7.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$962,760
Cap Rate 7%
$687,686
Cap Rate 9%
$534,867
Alternative Uses
Best Use
Office B
$943.3K
$825.4K – $1.10M
NOI $66,031 @ 7.0% cap · market cap 10.56%
Second Best
Flex RnD
$687.7K
$601.7K – $802.3K
NOI $48,138 @ 7.0% cap · market cap 7.70%
Theoretical Best
Specialty Retail
$2.42M
$2.11M – $2.82M
NOI $169,112 @ 7.0% cap · market cap 27.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Dock-high doors
1
Office units
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19006, PA
23,148
Population
8,691
Households
2.7
Avg Household Size
45
Median Age
54%
College-Educated
96%
High-School Grad
13.3 sq mi
ZIP Area
1,740
Density / Sq Mi
$124,302
Median Household Income
$60,236
Median Earnings
$1,430
Median Rent
$518,500
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?
Flex space - Condominium flex unit combines warehouse functionality with two floors of divided office space and dedicated loading access.
Where is this flex space located?
The property is located at D-1458 County Line Rd Huntingdon Valley, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,200 SF flex unit with approximately 2,000 SF warehouse and 2,200 SF office space; 18‑foot warehouse ceiling with loading dock; 3‑phase electric service and air conditioning
