Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    301 Horsham Rd Horsham, PA 19044

    • Commercial real estate
    • 54,976 SF
    • 7.00 lot acres
    For Lease
    View listing
    Last Sale
    Mar 27, 2024
    $15,905,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0066259
    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.

    Current Use by Public Records

    • TruMark Financial Credit Union - Horsham / Credit Union
    • N.B Gutter Repair Services / Gutter Cleaning Service
    • Dr. Gary L. Henkel, DDS / Dentist
    • A Balanced Approach / Family Counselor / Counselor
    • Horsham Dental Elements / Dentist / Cosmetic Dentist

    Property Details for 301 Horsham Rd

    Year built
    1969
    Lot size
    7.00 lot acres
    Property size
    54,976 SF
    Zone code
    SC1
    Property type
    Commercial real estate
    APN
    36-00-05470-00-2
    APU
    360005470002

    Description

    Elements Horsham, located at 301 Horsham Rd in Horsham, Pennsylvania (zip code 19044), presents a fantastic retail leasing opportunity in Montgomery County. This property offers a total of 8,197 square feet of commercial space, currently entirely vacant and available for lease. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 457 square feet to a maximum contiguous space of 5,396 square feet. Businesses seeking a smaller footprint or those requiring a larger space will find suitable options within this versatile property. The property's location in Horsham provides excellent visibility and accessibility for customers. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving retail market. The property is classified as retail commercial space and is ready for immediate occupancy. Interested parties are encouraged to inquire about lease terms and availability. The property's address is easily accessible via Horsham Road, offering convenient access for both customers and employees. The entire 8,197 square feet is currently available, providing a unique opportunity for a single tenant or multiple businesses to occupy this prime retail location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Horsham
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1349
    Latitude
    40.1806
    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
    $160,501
    $0.00
    $0.00
    $4,083,200
    -
    $0.00
    $0.00
    $4,083,200

    Comparable in this City

    • Value Estimation by Request
      2,084 SF

      420 Dresher Rd

      COMMON AREA (COMMERCIAL) • 2,084 SF
      420 Dresher Rd, Horsham, PA 19044-2027
      View Details
    • Value Estimation by Request
      31,960 SF

      508 Prudential Rd

      COMMON AREA (COMMERCIAL) • 31,960 SF
      508 Prudential Rd, Horsham, PA 19044-2326
      View Details
    • Value Estimation
      $710,000
      21,766 SF

      328 Maple Ave

      COMMERCIAL (GENERAL) • 21,766 SF
      328 Maple Ave, Horsham, PA 19044-2125
      View Details
    • Value Estimation
      $280,000
      890 SF

      Moreland Ave

      COMMERCIAL (GENERAL) • 890 SF
      Moreland Ave, Horsham, PA 19044
      View Details
    • Value Estimation by Request
      192,540 SF

      Prudential Rd

      COMMON AREA (COMMERCIAL) • 192,540 SF
      Prudential Rd, Horsham, PA 19044
      View Details
    • Value Estimation by Request
      54,363 SF

      1155 Business Ctr Dr Ste, Unit 200

      COMMON AREA (COMMERCIAL) • 54,363 SF
      1155 Business Ctr Dr Ste, Horsham, PA 19044-3422
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,000 SF

      Prime Horsham Retail Redevelopment

      19,000 SF Storefront, High Traffic
      490 Easton Rd, Horsham, PA 19044
      View Details
    • $415,000
      0.27 Acres

      Horsham Duplex with Rental Upside

      Duplex in Horsham, PA with long-term tenants and rental upside.
      474 Easton Rd, Horsham, PA 19044
      View Details
    • $3,250,000
      20,500 SF

      Fully Leased Office Building

      Well-located, fully leased office building in established business center.
      1355 Business Center Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      50,584 SF

      Horsham Industrial Property For Sale

      50,584 SF Flex Space, PA Turnpike Access
      723 Electronic Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      19,000 SF

      Retail Space on Easton Road

      9,500 SF retail space in amenity-rich location.
      490 Easton Rd, Horsham, PA 19044
      View Details
    • $650,000
      2,951 SF

      Horsham Retail Property: Prime Location

      High-traffic retail space, ample parking, great visibility.
      296 Easton Rd, Horsham, PA 19044
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      50,353 SF

      Horsham Retail Center Opportunity

      Prime Retail Space Available in Horsham, PA
      301-315 Horsham Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      150,000 SF

      Horsham Road Multi-Use Office/Industrial

      150,000 SF Multi-Tenant Office/Industrial
      400 Horsham Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      2,538 SF

      Modern Office Space for Rent

      Multi-tenant office building with modern amenities and convenient location.
      200 Gibraltar Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      6,169 SF

      Updated Office Space with Amenities

      Office space with updated lobby, fitness center, and cafe.
      100 Witmer Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      14,293 SF

      Office Space with Natural Light

      Office space with ample natural light and convenient location.
      555 Business Center Dr, Horsham, PA 19044
      View Details
    • $3,500 /Mo
      4,792 SF

      Commercial Building on Route 611

      Commercial building on busy route 611, many potential uses.
      371 Easton Rd, Horsham, PA 19044
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Horsham Rd
    Horsham, PA 19044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.