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Property profile & analytics
FOR LEASE
Gas stations

131 Morton Ave Folsom, PA 19033

1,800 SF 0.91 ac lot Built 1960
Entity Owned 6-yr Hold Free & Clear
Property ID
US73-0459518
Property summary
AI-generated overview

This exceptional commercial land parcel in Folsom, Pennsylvania presents a unique investment opportunity. Strategically situated between Vybe Medical and Carli Automotive, this location offers unparalleled visibility and accessibility. The property is currently available for lease at a monthly rate of $2,500. This lease does not include access to the Carli Automotive property. A significant advantage is the inclusion of 15 dedicated parking spaces located at the rear and side of the property. While these spaces are currently available, securing permits for additional parking will be the responsibility of the landlord. The current owner is actively pursuing the construction of a three-bay garage, ideally suited for a mechanic, auto body shop, or other automotive-related business. This build-to-suit option provides a flexible and customizable solution for prospective tenants. The property's prime location, combined with the potential for a new, purpose-built garage and ample parking, makes this an exceptional opportunity for businesses seeking a strong foothold in the thriving Folsom market. The land itself is currently unimproved, offering a blank canvas for development tailored to specific business needs. Serious inquiries are encouraged to explore this exciting prospect further.

Property profile
Verified
Property type Gas stations
Use group GAS STATION
Year built 1960
Total area 1,800 SF
Lot 0.91 ac (39,683 SF)
APN 38-03-01631-00
UPID US73-0459518
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
Current use
Occupant on record · Public records
  • Carli's Automotive (formerly Carli’s Sunoco ) Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
131 Morton LLC · 6 yrs held
131 Morton LLC
since 2019
3 recorded transactions
2019
$320,000
2001
$580,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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