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Property profile & analytics
OFF-MARKET Estimated value $725,000
Investment properties

18 Mainland Rd Harleysville, PA 19438-2527

4,924 SF 2.07 ac lot Built 1875
Entity Owned 1-yr Hold
Property ID
US73-0590930
Property summary
AI-generated overview

This stunning, fully renovated 3-story office building, situated on a 2.07-acre lot in Harleysville, Pennsylvania, presents a unique investment opportunity. Originally built in 1855 and extensively renovated in 2018, the 3,650 square foot building boasts a new roof, HVAC system, flooring, and paint, offering a truly turnkey solution. The property is zoned VC & R1, providing flexibility for various uses, including executive, medical, or traditional office space. A concept sketch plan suggests the potential for conversion into ten townhomes, leveraging the expansive lot size. Twelve dedicated parking spaces are available, and the building benefits from excellent visibility and access on Mainland Road, less than a mile from I-476. The surrounding area demonstrates strong demographics, with an average household income exceeding $138,000 within a 3-mile radius and a projected 4% population growth through 2028. This property is offered at $725,000, with a price per square foot of $198.63. The building's Class B designation reflects its high-quality renovation and modern amenities. This is an exceptional opportunity for owner-users seeking a prime location with significant potential for future development or expansion.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1875
Total area 4,924 SF
Lot 2.07 ac (90,169 SF)
Zoning code C
APN 50-00-01975-00-9
UPID US73-0590930
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
  • Innovative Development LLC Business Management Consultant Business Development Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
$785k
Comparable Approach Comparable
by Request
Blend (final) Blend
$725k
Owner & transaction history
Bekn Properties LLC · 1 yrs held
Bekn Properties LLC
since 2024
Last sale
$725,000
6 recorded transactions
2024
$725,000
2018
Price N/A
2017
$419,000
2002
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C · Harleysville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $805,000 +52.0%
Medical building $775,000 +46.4%
Neighborhood: shopping center $640,000 +21.1%
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