Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16 Iron Brg Dr Collegeville, PA 19426-2046

    • Warehouses
    • 13,600 SF
    • 2.07 lot acres
    OFF-MARKET
    Last Sale
    Oct 02, 2024
    $1,900,000
    Value Estimations
    $1,900,000
    Show details
    Cap Rate Potential
    7.3%
    Warehouses
    Location Intelligence
    Property ID
    US73-1260029
    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

    • Embarq Creative / Marketing & Advertising / Advertising Agency
    • Embarq Promotions / Advertising Agency / Marketing & Advertising

    Property Details for 16 Iron Brg Dr

    Year built
    2006
    Lot size
    2.07 lot acres
    Property size
    13,600 SF
    Zone code
    IN
    Property type
    Warehouses
    APN
    48-00-01326-72-3
    APU
    480001326723

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,900,000
      ML approach
      $1,900,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,320,000
      6.5%
      $2,140,000
      7%
      $1,985,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,837,000
      Market price range: $771k - $1.84M
      AI Estimate
      $1,243,000
      Market price range: $408k - $1.24M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,245,000
      Current use
      OFFICE BUILDING
      $2,225,000
      Change: +78% Conversion: Difficult
      MEDICAL BUILDING
      $2,145,000
      Change: +72% Conversion: Difficult
      RESTAURANT
      $1,910,000
      Change: +53% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,890,000
      Change: +52% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,775,000
      Change: +42% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Collegeville
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4539
    Latitude
    40.2057
    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
    $30,901
    $0.00
    $0.00
    $732,640
    -
    $0.00
    $0.00
    $732,640

    Comparable in this City

    • Value Estimation
      $2,625,000
      27,880 SF

      4 Blue Heron Dr

      WAREHOUSE, STORAGE • 27,880 SF
      4 Blue Heron Dr, Collegeville, PA 19426-2056
      View Details
    • Value Estimation
      $2,430,000
      25,700 SF

      103 G P Clement Dr

      WAREHOUSE, STORAGE • 25,700 SF
      103 G P Clement Dr, Collegeville, PA 19426-2044
      View Details
    • Value Estimation
      $22,760,000
      368,327 SF

      3901 Germantown Pike

      WAREHOUSE, STORAGE • 368,327 SF
      3901 Germantown Pike, Collegeville, PA 19426
      View Details
    • Value Estimation
      $1,740,000
      23,150 SF

      106 G P Clement Dr

      WAREHOUSE, STORAGE • 23,150 SF
      106 G P Clement Dr, Collegeville, PA 19426-2044
      View Details
    • Value Estimation
      $1,440,000
      40,476 SF

      108 Yerkes Rd

      WAREHOUSE, STORAGE • 40,476 SF
      108 Yerkes Rd, Collegeville, PA 19426-2915
      View Details
    • Value Estimation
      $1,690,000
      21,929 SF

      Montgomery Ave

      WAREHOUSE, STORAGE • 21,929 SF
      Montgomery Ave, Collegeville, PA 19426
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Prime Collegeville Office Space

      2000 SF Office, Ideal Location, Immediate Occupancy
      555 2Nd Ave, Collegeville, PA 19426
      View Details
    • $2,850,000
      10,580 SF

      Perkiomen Creek Village Multifamily Investment

      Multifamily property with 12 units on 2.81 acres.
      530 Gravel Pike, Collegeville, PA 19426
      View Details
    • Contact for pricing
      0.07 Acres

      Collegeville Office Building For Lease

      Prime Office Space, Ample Storage, Park Setting
      133 Level Rd, Collegeville, PA 19426
      View Details
    • $499,900
      2,030 SF

      Luxury Condo with Private Patio

      Custom-designed condo with private patio and community amenities.
      29 E 1St Ave, Trappe, PA 19426
      View Details
    • Contact for pricing
      6.51 Acres

      Prime Collegeville Office Land

      6.51 Acres, Excellent Location
      9 Iron Bridge Dr, Collegeville, PA 19426
      View Details
    • Contact for pricing
      0.46 Acres

      Collegeville Office Suites - Immediate Lease

      Prime Office Space, Abundant Parking, Excellent Location
      555 Sui, Collegeville, PA 19426
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      8,000 SF

      Flex Building with Warehouse Space

      Well-located flex building with heated warehouse and conditioned office space.
      102 7Th Ave, Collegeville, PA 19426
      View Details
    • $16,900 /Mo

      Gated Storage with Shop/Office

      4.5-acre gated storage with 1600 SF shop/office near 422.
      3938 Ridge Pike, Collegeville, PA 19426
      View Details
    • $22 SF/Yr
      8,000 SF

      Collegeville Daycare Build-to-Suit

      8,000 SF Daycare, Collegeville, PA
      50 3Rd Ave, Collegeville, PA 19426
      View Details
    • Contact for pricing

      Retail Pad Sites For Lease

      Multiple pad sites available within a large mixed-use development.
      S Collegeville Rd And Arcola Rd, Collegeville, PA 19426
      View Details
    • $18 SF/Yr
      3,920 SF

      Collegeville Retail Space Available

      Two retail spaces, prime Collegeville location.
      201 2Nd Ave, Collegeville, PA 19426
      View Details
    • $12 SF/Yr
      30,000 SF

      Retail Space Available For Lease

      30000 square feet retail property for lease.
      841 Gravel Pike, Collegeville, PA 19426
      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.
    16 Iron Brg Dr
    Collegeville, PA 19426-2046
    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

    Google sign-in failed. Please try again or use another login method.