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    113 & County Line Rd Souderton, PA 18964
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    113 & County Line Rd Souderton, PA 18964

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    • Retail properties & Spaces
    • 10,080 SF
    • 1.20 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 113 & County Line Rd

    Lot size
    1.20 lot acres
    Property size
    10,080 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional commercial property, located at the high-traffic intersection of Route 113 and County Line Road in Souderton, Pennsylvania, presents a unique investment opportunity. The 10,080 square foot building sits on a 1.2-acre lot and is zoned for General Commercial use. Currently vacant, this space is ideal for a variety of uses, including restaurants and other commercial ventures. The property features public water, sewer, and natural gas utilities. Its strategic location benefits from significant daily traffic volume, with an estimated 19,200 vehicles per day on Route 113 (north of County Line Road) and 11,500 vehicles per day on County Line Road itself. The asking price is $1,250,000, and the lease type is NNN (Net, Net, Net). The property is suitable for build-to-suit options, with the potential for a 6,000 square foot restaurant space. This property offers high visibility and accessibility, making it an attractive option for businesses seeking a prominent location in a thriving community. The property's size and zoning provide flexibility for a range of commercial uses, presenting a strong return on investment potential. This is a rare opportunity to acquire a substantial commercial property in a desirable location with excellent traffic counts. Don't miss out on this chance to own a piece of Souderton's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Souderton
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3112
    Latitude
    40.3149

    Comparable in this City

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      10,080 SF

      113 & County Line Rd

      Restaurants • 10,080 SF
      113 & County Line Rd, Souderton, PA 18964
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      6,000 SF

      113 County Line Rd

      Restaurants • 6,000 SF
      113 County Line Rd, Souderton, PA 18964
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    • Value Estimation by Request
      1.00 Acre

      113 & County Line Rd

      Land • 8,140 SF
      113 & County Line Rd, Souderton, PA 18964
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      10,080 SF

      113 & County Line Rd

      Land • 10,080 SF
      113 & County Line Rd, Souderton, PA 18964
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    • Value Estimation by Request
      0.75 Acres

      113 & County Line Rd

      Land • 4,275 SF
      113 & County Line Rd, Souderton, PA 18964
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    • Value Estimation by Request
      9,100 SF

      113 & County Line Rd

      Land • 9,100 SF
      113 & County Line Rd, Souderton, PA 18964
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      9,100 SF

      Souderton Commercial Spaces For Sale

      64,000 SF build-to-suit commercial spaces in mixed-use development.
      113 & County Line Rd, Souderton, PA 18964
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      8,140 SF

      Mixed-Use Development in Souderton Borough

      64,000 SF build-to-suit commercial spaces in walkable mixed-use development.
      113 & County Line Rd, Souderton, PA 18964
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      6,525 SF

      Mixed-Use Commercial Spaces Available

      64,000 SF build-to-suit spaces in walkable Souderton development.
      113 & County Line Rd, Souderton, PA 18964
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      10,080 SF

      Land for Commercial Development

      Commercial land available for sale on Route 113.
      113 & County Line Rd, Souderton, PA 18964
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      10,080 SF

      Souderton Commercial Property for Sale

      Mixed-use commercial property available in Souderton, PA.
      113 & County Line Rd, Souderton, PA 18964
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      10,080 SF

      Commercial Spaces in Souderton Borough

      64,000 SF build-to-suit spaces in mixed-use development.
      113 & County Line Rd, Souderton, PA 18964
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    Similar Nearby for Lease

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      Mixed-Use Development Retail & Restaurant Spaces

      Mixed-use development with retail and restaurant spaces for lease.
      113 & County Line Rd, Souderton, PA 18964
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      Mixed-Use Development Retail Opportunity

      Build-to-suit commercial spaces in walkable Souderton mixed-use development.
      113 & County Line Rd, Souderton, PA 18964
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      Mixed-Use Development Retail Opportunity

      Retail and restaurant spaces in a walkable, mixed-use community.
      113 & County Line Rd, Souderton, PA 18964
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      Mixed-Use Development Commercial Spaces

      Commercial spaces in walkable, mixed-use development in Souderton borough.
      113 & County Line Rd, Souderton, PA 18964
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      Commercial Land Near Route 309

      Commercial land available near Route 309 in Souderton, PA.
      113 & County Line Rd, Souderton, PA 18964
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      Commercial Land for Lease

      Commercial land available for lease on Route 113.
      113 & County Line Rd, Telford, PA 18964
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    Souderton, PA 18964
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    113 & County Line Rd, Souderton, PA, 18964
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