Property profile

1218 Welsh Rd 1 North Wales, PA 19454

OFF-MARKET
Office Spaces
Property ID
US73-2876962
30,335 SF 1.06 ac lot Built 1999
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey business opportunity is located at 1218 Welsh Rd, North Wales, PA 19454, in a high-traffic area with excellent visibility. The 7,500 square foot property, zoned C, is priced at $649,000 ($86.53/sq ft) and offers a strong return on investment. Situated near major roadways (Routes 63, 202, and 309), this business benefits from its proximity to Assi Plaza and Montgomery Common Shopping Center, ensuring high exposure and consistent customer traffic. The business model is well-established and successful, providing a safe and clean environment for children of all ages, ideal for parties and casual play. The property is available for occupancy on October 1, 2024. This is a unique opportunity to acquire a profitable, established business in a rapidly growing area of Montgomery County. Serious inquiries only.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1999
Total area 30,335 SF
Lot 1.06 ac (46,174 SF)
Zoning code C
APN 46-00-04153-01-3
UPID US73-2876962

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
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Tutoring Service
  • Alternative Medicine Practice
  • (Bike/Boat/Book/etc) Store
  • Alternative Medicine Practice

Location

1218 Welsh Rd, Unit 1 North Wales, PA 19454-2055
North Wales metro Census 200602 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.84M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2004
5 recorded transactions
2021
Price N/A
2008
Price N/A
2004
$1.5M
2004
Price N/A
1969
Price N/A

Zoning & alternative use

C · North Wales, 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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