1401 Bruce Rd Oreland, PA 19075
- Banks
- 5,348 SF
- 0.43 lot acres
Current Use by Public Records
- Meitner Law / Estate Planning Attorney
- Mc Glinchey & Mc Glinchey / Attorney
Property Details for 1401 Bruce Rd
- Year built
- 1920
- Lot size
- 0.43 lot acres
- Property size
- 5,348 SF
- Zone code
- B1
- Property type
- Banks
- APN
- 52-00-02557-00-1
- APU
- 520002557001
Description
This exceptional 5,348 square foot free-standing retail building, located at 1401 Bruce Road in Oreland, Pennsylvania, presents a unique investment opportunity. Built in 1920, this single-story Class C building sits on approximately 0.43 acres of land and offers ample parking with 10 on-site spaces, plus the convenience of one drive-thru lane. The property is zoned B1 – Business Zoning District, ensuring flexibility for a variety of uses. Its strategic location provides excellent visibility and accessibility, situated within 8.6 miles of I-276 and minutes from major roadways including Route 73, Route 309, and Route 152. The property benefits from a high-traffic location with nearby established businesses such as Giant, McDonald's, FedEx, Dunkin', Wawa, CVS Pharmacy, ACME, Family Dollar, Burger King, and Mavis Discount Tire, creating a strong retail environment. This well-positioned property offers significant potential for a variety of commercial uses, making it an attractive investment opportunity in a thriving community. The building's size and features make it ideal for a bank or other similar businesses. Public records indicate the building size is 5,348 square feet. This is a rare opportunity to acquire a well-located, established commercial property in a desirable area of Montgomery County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $195,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $210,000
- Mixed-Use
- $225,000
- Hospitality
- $180,000
- Educational
- $205,000
- Residential Income
- $190,000
- Energy
- $230,000
- Income-Based Land
- $185,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Oreland
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.1835
- Latitude
- 40.1175
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA