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    1140 Welsh Rd North Wales, PA 19454

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    1140 Welsh Rd North Wales, PA 19454

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    • Commercial real estate
    • 42,600 SF
    For Lease
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    Premier Office Park Location For Lease
    Contact for pricing
    42,600 SF

    Premier Office Park Location

    Premier office park with excellent amenities and superior transportation access.

    1140 Welsh Road, North Wales, PA 19454
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    Property ID
    US73-5508347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TricorBraun Flex / Industrial Manufacturer / Factory
    • Jade Global / Tech Support Center / IT Consulting Firm
    • Alexis Turbin, MPAS, PA-C / Physician / Medical Clinic
    • Lindsey Barouh, OD / Eye Care Center / Optometrist
    • Patricia Martinez, MD / Ophthalmologist

    Property Details for 1140 Welsh Rd

    Year built
    1999
    Property size
    42,600 SF
    Property type
    Commercial real estate

    Description

    This Class A, two-story office building, situated on a 13-acre lot in Gwynedd, Montgomery County, offers 42,600 square feet of space. Currently, 32,181 square feet are available for lease, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 4,775 square feet. Seven total suites are available within the building, constructed in 1999. The property boasts a convenient location on Route 63 (Welsh Road) at North Wales Road, providing easy access to Route 202 and the Pennsylvania Turnpike (within 4.5 miles). Its strategic location offers proximity to Lansdale's center, numerous shops, restaurants, lodging, and recreational facilities, as well as a large pool of qualified labor from surrounding residential communities. Building amenities include 24-hour key card access, efficient HVAC systems, fire alarm and smoke detection, Comcast Cable internet, and Fios. A signalized intersection enhances visibility and accessibility. Building signage is available for leases exceeding 10,000 square feet at 1140 Welsh Road. Ideal for businesses seeking modern, well-located office space in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2603934
    Latitude
    40.2271714

    Comparable in this City

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      Premier Office Park for Rent

      Premier office park with excellent amenities and superior transportation access.
      1120 Welsh Rd, North Wales, PA 19454
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      1,270 SF

      Spring House Office Suites Available

      Turn-key office suites in Spring House, Montgomery County.
      714 N Bethlehem Pike, Spring House, PA 19454
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    • New
      $2,500 /Mo
      110,642 SF

      Office Space in North Wales

      Office space with private offices, kitchen, and basement storage.
      1054 Horsham Rd, North Wales, PA 19454
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      22,168 SF

      Class A Headquarters Building

      Three-story office building with amenity center and furnished offices.
      2100 Pennbrook Pkwy, North Wales, PA 19454
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      1,950 SF

      Prime Office Space Available

      Office space with convenient access to major routes.
      909 Sumneytown Pike, Spring House, PA 19454
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      North Wales Office Space Available

      1800 SF office space in a prime location.
      118 Dickerson Rd, North Wales, PA 19454
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    Similar Nearby for Sale

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      9,348 SF

      LEED Certified Office Building

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      Three Building Office Complex

      28,414 sq ft office complex on 2.63 acres.
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      Welsh Road Commercial Property For Sale

      Commercial property for sale located on busy Welsh Road.
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      Outback Steakhouse NNN Investment Opportunity

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      5,000 SF

      Prime Corner Pad Site Available

      Highly visible corner pad site in affluent North Wales.
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      Established Sushi & Poke Restaurant

      Turnkey sushi and poke restaurant in high-traffic area.
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    Similar Nearby for Lease

    • Contact for pricing

      Premier Office Park for Rent

      Premier office park with excellent amenities and superior transportation access.
      1120 Welsh Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      1,270 SF

      Spring House Office Suites Available

      Turn-key office suites in Spring House, Montgomery County.
      714 N Bethlehem Pike, Spring House, PA 19454
      View Details
    • New
      $2,500 /Mo
      110,642 SF

      Office Space in North Wales

      Office space with private offices, kitchen, and basement storage.
      1054 Horsham Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      22,168 SF

      Class A Headquarters Building

      Three-story office building with amenity center and furnished offices.
      2100 Pennbrook Pkwy, North Wales, PA 19454
      View Details
    • Contact for pricing
      1,950 SF

      Prime Office Space Available

      Office space with convenient access to major routes.
      909 Sumneytown Pike, Spring House, PA 19454
      View Details
    • Contact for pricing

      North Wales Office Space Available

      1800 SF office space in a prime location.
      118 Dickerson Rd, North Wales, PA 19454
      View Details
    View Listing
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    North Wales, PA 19454
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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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