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Property profile & analytics
OFF-MARKET Estimated value $1,205,000
Office buildings

115 Main St Trappe, PA 19426-2068

6,126 SF 0.46 ac lot Built 2010
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0746550
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 1300000 USD office building located at 115 W Main Street in Collegeville, Pennsylvania. Situated on a 0.46-acre lot, the property offers a turnkey solution for investors seeking immediate cash flow. The anchor tenant is MyEyeDr, a prominent national eye care provider with over 500 locations, ensuring strong tenant stability. A significant value-add opportunity exists with one smaller tenant currently operating under a month-to-month lease at below-market rent. This presents the potential for immediate rental income increases. Furthermore, the buyer may be able to incorporate a management fee into the common area maintenance (CAM) charges, generating additional revenue. The building is conveniently equipped with an elevator and is fully compliant with the Americans with Disabilities Act (ADA) accessibility standards. Ample parking is provided with 22 dedicated off-street spaces for tenants and visitors. This property represents a compelling investment prospect with significant upside potential due to the existing lease structure and the potential for increased revenue streams. The strong anchor tenant and the strategic location in Collegeville, PA, contribute to the overall attractiveness of this offering. This is a rare opportunity to acquire a well-maintained, fully leased office building in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2010
Total area 6,126 SF
Lot 0.46 ac (20,000 SF)
Zoning code C1
APN 23-00-00838-00-3
UPID US73-0746550
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.21M
Owner & transaction history
115 West Main St LLC · 1 yrs held
115 West Main St LLC
since 2024
Last sale
$1.3M
6 recorded transactions
2024
$1.3M
2010
Price N/A
2009
$325,000
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Trappe, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.8M +80.6%
Retail stores $1.7M +64.6%
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