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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1160 Easton Rd Horsham, PA 19044-1405

    • Industrial properties
    • 56,530 SF
    • 4.70 lot acres
    OFF-MARKET
    Last Sale
    Aug 01, 2022
    $4,300,000
    Value Estimations
    $4,420,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0012509
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 1160 Easton Rd

    Year built
    1930
    Lot size
    4.70 lot acres
    Property size
    56,530 SF
    Zone code
    I2
    Property type
    Industrial properties
    APN
    36-00-03904-50-6
    APU
    360003904506

    Description

    This exceptional 7,827-square-foot flex space, located at 1160 Easton Road in Montgomery County, presents a unique opportunity for businesses seeking immediate occupancy. The single-tenant building, constructed in 1955 and extensively renovated in 2022, boasts a 14-foot ceiling height, providing ample vertical space for various operational needs. The property features two loading docks and six drive-in doors, ensuring efficient loading and unloading of goods. Three-phase power is readily available, catering to businesses with significant energy demands. The building's convenient location on Route 611 offers easy access to the Willow Grove interchange of the Pennsylvania Turnpike, providing excellent regional connectivity. Zoned for industrial use, this property is ideal for a wide range of businesses requiring a blend of office and warehouse space. The single-story building offers straightforward functionality and ease of access. This is a turnkey solution for businesses seeking a modern, well-maintained industrial space with excellent transportation links. The property's recent renovation ensures modern amenities and a high level of functionality. Its strategic location and ample loading capabilities make it an attractive option for companies requiring efficient logistics. The property is ready for immediate occupancy, allowing for a swift and seamless transition for your business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,450,000
      ML approach
      $4,630,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,455,000
      RETAIL STORES
      $5,165,000
      INDUSTRIAL (GENERAL)
      $4,725,000
      MEDICAL BUILDING
      $4,685,000
      COMMERCIAL (GENERAL)
      $4,465,000
      OFFICE BUILDING
      $4,210,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Horsham
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1383
    Latitude
    40.2015
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $45,389
    $256,510
    $898,180
    $1,154,690
    -
    $256,510
    $898,180
    $1,154,690

    Comparable in this City

    • Value Estimation
      $5,350,000
      89,732 SF

      1065 Easton Rd

      WAREHOUSE, STORAGE • 89,732 SF
      1065 Easton Rd, Horsham, PA 19044-3300
      View Details
    • Value Estimation
      $5,045,000
      59,840 SF

      265 Gibraltar Rd

      WAREHOUSE, STORAGE • 59,840 SF
      265 Gibraltar Rd, Horsham, PA 19044-2305
      View Details
    • Value Estimation
      $5,865,000
      63,314 SF

      100 Progress Dr

      WAREHOUSE, STORAGE • 63,314 SF
      100 Progress Dr, Horsham, PA 19044-1324
      View Details
    • Value Estimation
      $2,665,000
      46,840 SF

      400 Babylon Rd

      WAREHOUSE, STORAGE • 46,840 SF
      400 Babylon Rd, Horsham, PA 19044-1213
      View Details
    • Value Estimation
      $2,265,000
      58,878 SF

      331 Maple Ave

      WAREHOUSE, STORAGE • 58,878 SF
      331 Maple Ave, Horsham, PA 19044-2148
      View Details
    • Value Estimation
      $1,400,000
      27,960 SF

      320 Norristown Rd

      MINI-WAREHOUSE, STORAGE • 27,960 SF
      320 Norristown Rd, Horsham, PA 19044-2143
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,584 SF

      Horsham Industrial Property For Sale

      50,584 SF Flex Space, PA Turnpike Access
      723 Electronic Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      19,000 SF

      Retail Space on Easton Road

      9,500 SF retail space in amenity-rich location.
      490 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      19,000 SF

      Prime Horsham Retail Redevelopment

      19,000 SF Storefront, High Traffic
      490 Easton Rd, Horsham, PA 19044
      View Details
    • $415,000
      0.27 Acres

      Horsham Duplex with Rental Upside

      Duplex in Horsham, PA with long-term tenants and rental upside.
      474 Easton Rd, Horsham, PA 19044
      View Details
    • $3,250,000
      20,500 SF

      Fully Leased Office Building

      Well-located, fully leased office building in established business center.
      1355 Business Center Dr, Horsham, PA 19044
      View Details
    • $650,000
      2,951 SF

      Horsham Retail Property: Prime Location

      High-traffic retail space, ample parking, great visibility.
      296 Easton Rd, Horsham, PA 19044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,000 SF

      Horsham Flex Building Available

      42,000 SF flex building available in Horsham, Pennsylvania.
      103-109 Gibraltar Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      150,000 SF

      Horsham Road Multi-Use Office/Industrial

      150,000 SF Multi-Tenant Office/Industrial
      400 Horsham Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      6,000 SF

      6,000 SF Warehouse For Lease

      6,000 SF warehouse space available just off Route 611.
      119 Horsham Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      126,500 SF

      Industrial Space in Horsham Ridge

      28,139 SF industrial space with convenient highway access.
      200 Precision Rd, Horsham, PA 19044
      View Details
    • $3,500 /Mo
      4,792 SF

      Commercial Building on Route 611

      Commercial building on busy route 611, many potential uses.
      371 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      10,000 SF

      Prime Land on Route 611

      Development opportunity with frontage on Route 611 in Warrington.
      1198 Easton Rd, Horsham, PA 19044
      View Details
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    1160 Easton Rd
    Horsham, PA 19044-1405
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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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