Technical
Financial
Distress signals
Property profile

145 Shoemaker Rd Pottstown, PA 19464

FOR LEASE
Auto shops
Property ID
US73-1183321
18,480 SF 2.07 ac lot Built 1998
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This single-story, 18,698-square-foot retail building located at 145 Shoemaker Road in Pottstown, Pennsylvania, presents a unique investment opportunity. Currently occupied by Pep Boys under a long-term ground lease, the property offers 9,806 square feet of vacant space. The existing Pep Boys tenant continues tire and auto repair operations within the building. The former parts sales area, ranging from 3,200 to 11,500 square feet, is now available. Suitable uses for the vacant space include, but are not limited to, medical facilities (dialysis or plasma centers), childcare centers, doggie daycare, discount retail, furniture stores, tool and hardware stores, and automotive-related businesses that do not directly compete with the existing tenant's services (e.g., collision centers, auto glass repair, or specialized auto parts). The property is situated in Montgomery County and offers significant potential for a variety of businesses. Negotiable cash allowances may be available for suitable tenants, contingent upon rent aligning with a reasonable return on investment. The property's location in Pottstown, PA, zip code 19464, provides excellent access to local transportation and a strong customer base. This is a rare opportunity to acquire a substantial retail space with existing tenancy in a desirable location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1998
Total area 18,480 SF
Lot 2.07 ac (90,169 SF)
Zoning code HB
APN 16-00-25852-00-7
UPID US73-1183321

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

145 Shoemaker Rd Pottstown, PA 19464
Pottstown metro Census 209000 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

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

Owner & transaction history

since 2017
1 recorded transaction
2017
$1.6M

Zoning & alternative use

HB · Pottstown, PA
Zoning description

ort District. Conservation NR Neighborhood Residential TTN Traditional Town Neighborhood D Downtown Gateway NB Neighborhood Business DG Downtown Gateway GE Gateway East GW Gateway West P Park Contemporary FO Flex-Office…

General category COMMERCIAL

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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