Technical
Financial
Distress signals
Property profile

100 7th St Perkasie, PA 18944

OFF-MARKET
Warehouses
Property ID
US73-2460908
5,060 SF 0.13 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This newly renovated 1,222 square foot commercial building is situated in the heart of Perkasie Borough's vibrant downtown area, at 100 S 7th Street. Located in the I2 Zoning District within the Town Center Overlay, this property offers a unique opportunity for a variety of businesses. The building boasts five rooms, two of which include sinks, and a half bath. Recent renovations include fresh paint, new vinyl flooring, updated electrical systems, new exit signs, a new roof, new windows, and newer siding. The property also features natural gas heat, central air conditioning, a convenient back exit, and ample storage space, including a basement. Perkasie's downtown is known for its historical architecture, charming shops, and numerous events throughout the year, attracting thousands of visitors. These events include the oldest tree lighting in the nation, fall festivals, car shows, First Fridays, and a weekly farmers market. The building's zoning allows for a range of uses, including office space, retail establishments, and personal service businesses. Further zoning details are available from the Perkasie Borough. Owning property in this dynamic and culturally rich downtown corridor is a rare opportunity. This property presents a compelling investment in a thriving community.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 5,060 SF
Lot 0.13 ac (5,576 SF)
Zoning code I2
APN 33-005-461
UPID US73-2460908

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
  • Physician
  • Factory Industrial Manufacturer

Location

100 7th St Perkasie, PA 18944-1406
Perkasie metro Census 102401 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$475k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2023
Last sale
$442,700
4 recorded transactions
2023
$442,700
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Perkasie, PA

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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