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    1810 Ridge Pike E Royersford, PA 19468
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    Property profile & analytics

    1810 Ridge Pike E, Royersford, PA 19468

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    • Office Spaces
    • 12,090 SF
    • 1.37 lot acres
    For Lease
    $2,055,000
    View Listing →
    Retail Space in Royersford Corridor For Lease
    $2,055,000
    1,991 SF

    Retail Space in Royersford Corridor

    Retail spaces available in high-income Royersford/Limerick market.

    1810 E Ridge Pike, Royersford, PA
    View Listing
    Property ID
    US73-5554701
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1810 Ridge Pike E

    Year built
    2009
    Lot size
    1.37 lot acres
    Zone code
    CRSC
    Property type
    Office Spaces
    APN
    61-00-04426-00-4
    APU
    610004426004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 28, 2023 — 1802 Ridge Pike Associates LP — Deed · related $2.4M · Wilmington Savings Fund Society Fsb
    Jul 1, 2016 — 1802 Ridge Pike Associates LP — Deed · related $2.9M · Univest Bk & Tr Co
    Jul 1, 2008 — 1802 Ridge Pike Associates 1802 Ridge Pike Associates Quit Claim Deed $3.5M · Pnc Bank
    Nov 4, 2005 $875,000 1802 Ridge Pike Associates Dunlap,robert W & Dolores B Grant Deed $945k · Pnc Bank
    Feb 19, 2004 — National Penn Bk Dunlap,robert W Grant Deed · related —
    — — 1802 Ridge Pike Associates LP — Deed Of Trust · related $2.9M · Univest Bk & Tr Co
    — — Dolores B Dunlap — Deed Of Trust · related $15k · National Penn Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,447,000
      Market price range: $1.14M - $3.05M
      AI Estimate
      $1,657,000
      Market price range: $714k - $2.00M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,980,000
      Current use
      RETAIL STORES
      $3,255,000
      Change: +65% Conversion: Moderate
      MEDICAL BUILDING
      $1,905,000
      Change: -4% Conversion: Easy
      RESTAURANT
      $1,695,000
      Change: -14% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,680,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Royersford
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4957
    Latitude
    40.2119
    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
    $40,888
    $0.00
    $0.00
    $1,060,520
    -
    $0.00
    $0.00
    $1,060,520

    Comparable in this City

    • Value Estimation
      $6,290,000
      59,059 SF

      967 Township Line Rd, Unit 3

      CONDOMINIUM OFFICES
      967 Township Line Rd, Royersford, PA 19468-1823
      View Details
    • Value Estimation
      $1,050,000
      13,712 SF

      1153 Main St, Unit 1

      CONDOMINIUM OFFICES
      1153 Main St, Linfield, PA 19468-1158
      View Details
    • Value Estimation
      $775,000
      3,699 SF

      1820 Rdg Pikepr-fb

      CONDOMINIUM OFFICES
      1820 Rdg Pikepr-fb, Royersford, PA 19468-2819
      View Details
    • Value Estimation
      $825,000
      3,958 SF

      36 Rdg Pike, Unit 5

      CONDOMINIUM OFFICES
      36 Rdg Pike, Royersford, PA 19468-1712
      View Details
    • Value Estimation
      $1,335,000
      7,895 SF

      197 Royersford Rd, Unit 3

      CONDOMINIUM OFFICES
      197 Royersford Rd, Linfield, PA 19468-1851
      View Details
    • Value Estimation
      $3,500,000
      5,773 SF

      451 Rdg Pike, Unit 1

      CONDOMINIUM OFFICES
      451 Rdg Pike, Limerick, PA 19468-1415
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.90 Acres

      Royersford Office Space for Lease

      New Construction Office, High Visibility Location
      429 Lewis Rd, Royersford, PA 19468
      View Details
    • $350,000
      1,950 SF

      Royersford Office Building For Sale

      Prime Office Space, Excellent Investment
      168 Ridge Pike, Royersford, PA 19468
      View Details
    • Contact for pricing
      27,758 SF

      Creative Office/Medical/Flex Space Available

      Suites available, tenant improvements, signage opportunity, parking.
      826 N Lewis Rd, Limerick, PA 19468
      View Details
    • Contact for pricing
      1,950 SF

      Limerick Office Condo For Sale

      1950 SF office condo in Limerick, PA for sale.
      168 Ridge Pike W, Royersford, PA 19468
      View Details
    • Contact for pricing
      200,000 SF

      Limerick Commercial Property For Sale

      200,000 square foot commercial property available in Limerick, Pennsylvania.
      508 North Lewis Rd, Limerick, PA 19468
      View Details
    • Contact for pricing
      Pending

      Prime Commercial Land in Limerick

      Large commercial parcel ideal for development with frontage on Ridge Pike.
      142 Ridge Pike W, Royersford, PA 19468
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      650 SF

      Office Space in Limerick

      Office spaces available for lease with ample parking and signage.
      292 Ridge Pike W, Limerick, PA 19468
      View Details
    • Contact for pricing
      14,097 SF

      Class A Medical Office Space

      Medical office building in Limerick Office Campus for lease.
      410 W Linfield Trappe Rd, Royersford, PA 19468
      View Details
    • Contact for pricing

      Medical Office Building For Rent

      Medical office building with surgery center and highway access.
      420 W Linfield Trappe Rd, Limerick, PA 19468
      View Details
    • Contact for pricing
      8,564 SF

      Royersford Medical Facility for Rent

      Turnkey medical facility with essential features for patient care.
      475 Enterprise Dr, Royersford, PA 19468
      View Details
    • Contact for pricing
      5,701 SF

      Medical Office Space Available

      Class A medical office building with high visibility and ample parking.
      450 Cresson Blvd, Royersford, PA 19468
      View Details
    • Contact for pricing
      2,400 SF

      Retail or Medical Space Available

      Up to 12,000 SF available at signalized intersection.
      36 Ridge Pike W, Royersford, PA 19468
      View Details
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    Royersford, PA 19468
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    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
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