Property profile

1 Cynwyd Rd Bala Cynwyd, PA 19004

OFF-MARKET
High-rise multifamily apartments
Property ID
US73-0853256
100,962 SF 1.09 ac lot Built 2020
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,000 square foot retail space, located at 1 Cynwyd Road in Bala Cynwyd, Pennsylvania (zip code 19004), presents a unique leasing opportunity. Situated in the City Avenue District - Bala Village (CAD-BV) zoning area of Montgomery County, this single-tenant space offers significant potential for a variety of businesses. The property boasts large storefront windows, allowing for excellent visibility and natural light, and the possibility of outdoor seating. Its convenient location offers easy access to public transportation, being within walking distance of the SEPTA Cynwyd station. The space is also easily accessible from major roadways, including Lincoln Highway (Route 1) and Conshohocken State Road. This prime location is surrounded by a mix of national and local businesses, including Taco Bell, Qdoba, The Goddard School, Chili's Grill & Bar, the U.S. Post Office, and more. The property benefits from its proximity to two large apartment complexes, The Grant Apartments (66 units) and The Kelly Apartments (109 units), providing a built-in customer base. The space is highly adaptable and could suit a range of uses, such as medical offices, professional services, daycare centers, or a café. The property is situated at the intersection of Cynwyd Road and Union Avenue. Consider this exceptional opportunity to establish your business in a thriving Bala Cynwyd location.

Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 2020
Total area 100,962 SF
Lot 1.09 ac (47,441 SF)
Zoning code C2
APN 40-00-62708-00-9
UPID US73-0853256

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

1 Cynwyd Rd Bala Cynwyd, PA 19004-3323
Bala Cynwyd metro Census 204400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$19.34M
Blend (final) Blend
$14.15M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2018
Price N/A
2017
$2.2M
2017
$2.2M
2012
$1.1M
1998
$615,082
1969
Price N/A

Zoning & alternative use

C2 · Bala Cynwyd, PA
Top alternative use upside
Office building $16.1M +15.0%
Medical building $15.9M +13.4%
Restaurant $14.2M +1.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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