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Property profile & analytics
OFF-MARKET Estimated value $745,000
Commercial real estate

101 Providence Rd Wallingford, PA 19086-6107

7,444 SF 0.88 ac lot Built 1921
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US73-2865910
Property summary
AI-generated overview

This exceptional 6,100 square foot office building at 101 N Providence Road, Wallingford, PA presents a unique investment opportunity. Built in 1921, this iconic stone and steel structure offers unparalleled visibility with two-street frontage. The property boasts abundant natural light and ample on-site parking for 15 vehicles, complemented by a small outdoor eating area and mature landscaping. The convenient location near Media Borough and the Blue Route provides easy access to major transportation arteries. A SEPTA bus stop (Route 118) is adjacent, and the SEPTA R-3 Commuter Rail Station in Wallingford is nearby. The main floor comprises 10 offices, four cubicles, a reception area, restrooms, and a coffee station. An additional office overlooks the main floor. The lower level features a large conference room, a gym, two locker rooms, a kitchenette, a laboratory, and substantial storage space. Significant recent improvements include a new HVAC system installed in 2023 and a newly installed French drain. Currently leased to an engineering firm until at least December 2024, with a lease termination date of June 2025, this property offers immediate income potential and long-term growth prospects. This is a rare opportunity to acquire a distinctive and highly functional commercial property in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1921
Total area 7,444 SF
Lot 0.88 ac (38,255 SF)
APN 34-00-02208-00
UPID US73-2865910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gillespie Group Marketing & Advertising Advertising Agency
  • Minsec Co Medical Clinic
  • EMG International, LLC Environmental Engineer
  • Mc Dougall Marsini Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$956k
Blend (final) Blend
$745k
Owner & transaction history
Olive Hill LLC · 7 yrs held
Olive Hill LLC
since 2019
7 recorded transactions
2019
$707,500
2017
Price N/A
1999
$400,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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