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Property profile & analytics
OFF-MARKET Estimated value $5,350,000
Investment properties

196 Rdg Pike Limerick, PA 19468-1754

89,344 SF 7.31 ac lot Built 2000
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-0136126
Property summary
AI-generated overview

Limerick Ridge Square, a prime commercial center in Montgomery County, offers exceptional retail and medical office space. This two-story building, totaling 31,451 square feet, sits on a 7.31-acre lot and boasts a convenient location at a signalized intersection, ensuring easy ingress and egress. Currently, 15,621 square feet of space is available, divisible into units as small as 1,292 square feet, with a maximum contiguous space of 4,572 square feet. Nine individual spaces are currently available, ranging in size from 1,292 to 8,200 square feet. The property features ample parking, providing over 350 spaces (approximately 4 spaces per 1,000 square feet). Built in 2000, the property is zoned (MS) Main Street District and offers a diverse range of possibilities for tenants, including retail, restaurant, medical office, and professional office uses. The property is under new management with significant capital improvements planned, enhancing its already attractive features. A potential exists for a small-format drive-thru pad site, adding further development opportunities. The property's APN is 37-03898007. This is an excellent opportunity to establish a presence in a thriving commercial area with strong visibility and accessibility.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2000
Total area 89,344 SF
Lot 7.31 ac (318,424 SF)
Zoning code MS
APN 37-00-03898-00-7
UPID US73-0136126
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
  • Tang's Garden Restaurant
  • Dragon Law TKD Sports School
  • Escape Limerick Arcade & Gaming Center
  • Dr. MyAn Nguyen at Everlasting Eye Care, P.C. Physician
  • Fajitas Mexican Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.26M
Blend (final) Blend
$5.35M
Owner & transaction history
Sustain Lrs Owner LLC · 2 yrs held
Sustain Lrs Owner LLC
since 2024
7 recorded transactions
2024
Price N/A
2006
$4.8M
2005
$2.5M
2004
$1.6M
1999
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MS · Limerick, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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