Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1218 Welsh Rd, Unit 1 North Wales, PA 19454-2055

    Property Lookup

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

    1218 Welsh Rd, Unit 1 North Wales, PA 19454-2055

    View on Map
    • Office properties & Spaces
    • 30,335 SF
    • 1.06 lot acres
    Off-Market
    Property ID
    US73-2876962
    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
    $3,950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lansdale Optical / Ophthalmologist / (Bike/Boat/Book/etc) Store
    • Y2 Academy of North Wales / Tutoring Service
    • Bianco Family Chiropractic / Alternative Medicine Practice
    • George's Music / (Bike/Boat/Book/etc) Store
    • Disc Centers of America North Wales / Bianco Spinal Center / Alternative Medicine Practice

    Property Details for 1218 Welsh Rd

    Year built
    1999
    Lot size
    1.06 lot acres
    Property size
    30,335 SF
    Zone code
    C
    Property type
    Office properties & Spaces
    APN
    46-00-04153-01-3
    APU
    460004153013

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,840,000
      Market price range: $2.87M - $7.65M
      AI Estimate
      $4,055,000
      Market price range: $1.95M - $7.90M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,965,000
      Current use
      MEDICAL BUILDING
      $4,780,000
      Change: -4% Conversion: Easy
      RESTAURANT
      $4,260,000
      Change: -14% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $4,215,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2557
    Latitude
    40.2268
    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
    $81,160
    $0.00
    $0.00
    $2,175,620
    -
    $0.00
    $0.00
    $2,175,620

    Comparable in this City

    • Value Estimation
      $6,505,000
      47,040 SF

      1200 Welsh Rd Ste, Unit 3

      CONDOMINIUM OFFICES • 47,040 SF
      1200 Welsh Rd Ste, North Wales, PA 19454-3771
      View Details
    • Value Estimation
      $550,000
      2,140 SF

      273 Dekalb Pike, Unit 5

      CONDOMINIUM OFFICES • 2,140 SF
      273 Dekalb Pike, North Wales, PA 19454-1806
      View Details
    • Value Estimation
      $23,015,000
      139,081 SF

      2100 Pennbrook Pkwy, Unit 9

      CONDOMINIUM OFFICES • 139,081 SF
      2100 Pennbrook Pkwy, North Wales, PA 19454-4105
      View Details
    • Value Estimation by Request
      1,193 SF

      1018 Bethlehem Pike1018-f

      CONDOMINIUM OFFICES • 1,193 SF
      1018 Bethlehem Pike1018-f, North Wales, PA 19454
      View Details
    • Value Estimation by Request
      2,203 SF

      1012 Bethlehem Pike1012-c

      CONDOMINIUM OFFICES • 2,203 SF
      1012 Bethlehem Pike1012-c, North Wales, PA 19454
      View Details
    • Value Estimation
      $500,000
      2,454 SF

      1018 Bethlehem Pike1018-a

      CONDOMINIUM OFFICES • 2,454 SF
      1018 Bethlehem Pike1018-a, North Wales, PA 19454
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,348 SF

      LEED Certified Office Building

      Modern office building with prominent signage and ample parking.
      736 Lower State Rd, North Wales, PA 19454
      View Details
    • $2,050,000
      28,414 SF

      Three Building Office Complex

      28,414 sq ft office complex on 2.63 acres.
      1364 Welsh Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      28,414 SF

      Welsh Road Commercial Property For Sale

      Commercial property for sale located on busy Welsh Road.
      1364 Welsh Rd, North Wales, PA 19454
      View Details
    • $3,083,000
      6,830 SF

      Outback Steakhouse NNN Investment Opportunity

      Single-tenant Outback Steakhouse with long-term NNN lease in North Wales.
      450 Montgomery Mall, North Wales, PA 19454
      View Details
    • Contact for pricing
      5,000 SF

      Prime Corner Pad Site Available

      Highly visible corner pad site in affluent North Wales.
      951 N Wales Rd, North Wales, PA 19454
      View Details

    Similar Nearby for Lease

    • 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
      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

      North Wales Office Space Available

      1800 SF office space in a prime location.
      118 Dickerson Rd, North Wales, PA 19454
      View Details
    • Contact for pricing

      Premier Office Park Location

      Premier office park with excellent amenities and superior transportation access.
      1140 Welsh Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      6,500 SF

      North Wales Flex Space Available

      6,500 SF flex space with warehouse and office components.
      108 W Montgomery Ave, North Wales, PA 19454
      View Details
    • Contact for pricing

      Premier Office Park on Welsh Road

      Premier office park with excellent amenities and superior transportation access.
      1120 Welsh Rd, North Wales, PA 19454
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1218 Welsh Rd, Unit 1
    North Wales, PA 19454-2055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1218 Welsh Rd, North Wales, PA, 19454
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!