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    188 Ridge Pike W Royersford, PA 19468

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    188 Ridge Pike W Royersford, PA 19468

    View on Map
    • Day care centers
    • 3,232 SF
    • 2.65 lot acres
    For Sale
    $899,000
    View Listing →
    Two Buildings on Ridge Pike For Sale
    $899,000
    3,731 SF

    Two Buildings on Ridge Pike

    Two buildings on 2.65 acres with high visibility.

    188 W Ridge Pike, Royersford, PA
    View Listing
    Property ID
    US73-2199597
    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

    • Day care centers

    Property Details for 188 Ridge Pike W

    Year built
    1988
    Lot size
    2.65 lot acres
    Property size
    3,232 SF
    Zone code
    MS
    Property type
    Day care centers
    APN
    37-00-03904-00-1
    APU
    370003904001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Royersford
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.5122
    Latitude
    40.2233
    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
    $9,403
    $97,720
    $145,480
    $243,200
    -
    $97,720
    $145,480
    $243,200

    Comparable in this City

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      10,000 SF

      101 Keystone Dr

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      101 Keystone Dr, Limerick, PA 19468-4204
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    • Value Estimation
      $765,000
      6,714 SF

      470 Lewis Rd

      DAY CARE, PRE-SCHOOL • 6,714 SF
      470 Lewis Rd, Limerick, PA 19468-1587
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    • Value Estimation
      $1,905,000
      21,188 SF

      441 Lewis Rd

      DAY CARE, PRE-SCHOOL • 21,188 SF
      441 Lewis Rd, Royersford, PA 19468-1580
      View Details
    • Value Estimation by Request
      9,962 SF

      298 Washington St

      DAY CARE, PRE-SCHOOL • 9,962 SF
      298 Washington St, Royersford, PA 19468
      View Details
    • Value Estimation
      $1,320,000
      21,501 SF

      531 Spg St

      CHARITABLE ORGANIZATION • 21,501 SF
      531 Spg St, Royersford, PA 19468-2562
      View Details
    • Value Estimation by Request
      10,298 SF

      600 Washington St

      FUNERAL HOME • 10,298 SF
      600 Washington St, Royersford, PA 19468-2416
      View Details

    Similar Nearby for Sale

    • 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
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    • Contact for pricing

      24.1 Acres Commercial Land Available

      24.1 acres of commercial land for sale.
      Walnut St, Royersford, PA 19468
      View Details
    • $899,000
      3,731 SF

      Two Buildings on Ridge Pike

      Two buildings on 2.65 acres with high visibility.
      188 Ridge Pike W, Royersford, PA 19468
      View Details
    • Contact for pricing

      Land with Expressway Frontage

      Commercial land with frontage and immediate highway access.
      S Limerick Rd, Royersford, PA 19468
      View Details
    • $4,250,000
      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
    • $9,330,000
      37.32 Acres

      Limerick Industrial Land & Buildings

      37 Acres, Prime Location, Investment Opportunity
      679 Ridge Pike, Limerick, PA 19468
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Retail Space in Active Corridor

      Retail space available in a busy commercial area.
      196 Ridge Pike West, Limerick, PA 19468
      View Details
    • Contact for pricing

      Lakeview Shopping Centre Restaurant Space

      Restaurant space available in grocery anchored shopping center.
      S Township Line Rd, Royersford, PA 19468
      View Details
    • Contact for pricing
      11,687 SF

      Retail Space in Royersford Center

      Retail space available in busy, service-oriented shopping center.
      33 Ridge Pike W, 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
    • $1,200 /Mo
      25,700 SF

      Royersford Commercial Suite For Lease

      Private commercial suite ideal for wellness and personal care services.
      600 Main St, Royersford, PA 19468
      View Details
    • Contact for pricing

      Retail Space in Royersford

      Retail space available in a busy shopping center.
      1844 Ridge Pike E, Royersford, PA 19468
      View Details
    View Listing
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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.

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    188 Ridge Pike W, Royersford, PA, 19468

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