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Property profile & analytics
OFF-MARKET Estimated value $12,580,000
Office Spaces

1844 Rdg Pikepr-rr Royersford, PA 19468-2832

83,186 SF 11.81 ac lot Built 2007
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US73-3019931
Property summary
AI-generated overview

This exceptional retail opportunity is located in the thriving Court at Upper Providence shopping center in Royersford, Montgomery County, Pennsylvania. Situated in a high-income area along the busy Route 422 corridor, this property offers ±4,000 square feet of inline space, featuring a raised facade, and is part of a larger center boasting over 1,991 suites. The center enjoys an enviable location, often described as the "corner of Main and Main," providing unparalleled visibility and accessibility. This space is ideal for businesses seeking high foot traffic and exposure to a significant customer base. The Court at Upper Providence attracts an impressive 4.8 million shopping center customer visits annually, based on data from Placer Labs, Inc. (08/01/23-07/31/24). Join a prestigious roster of national tenants including Target, Giant, Ross, and Petco. Additionally, there is approximately 1,991 square feet of space available in a separate outparcel building. This presents a unique chance to establish a strong presence in a dynamic and densely populated market. The minimum divisible space is 4,000 square feet, offering flexibility for various retail concepts. Don't miss this prime opportunity to capitalize on the significant traffic and visibility of this premier retail location.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2007
Total area 83,186 SF
Lot 11.81 ac (514,444 SF)
Zoning code CRSC
APN 61-00-04417-30-1
UPID US73-3019931
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$15.00M
Blend (final) Blend
$12.58M
Owner & transaction history
Target Corp · 18 yrs held
Target Corp
since 2008
6 recorded transactions
2016
Price N/A
2008
Price N/A
2008
Price N/A
2005
Price N/A
2005
$3.4M
1969
Price N/A
Zoning & alternative use
CRSC · Royersford, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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