Property profile

4003 1st Ave Lafayette Hill, PA 19444

OFF-MARKET
Investment properties
Property ID
US73-2064150
5,197 SF 0.23 ac lot Built 1962
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This versatile 6,200 square foot property, located at 4003 1st Ave in Lafayette Hill, PA, offers a unique blend of office, industrial, and flex space. Currently fully vacant and available July 1st, this multi-tenant building sits on a 0.23-acre lot and boasts a convenient location near Germantown Pike, with easy access to public transportation, Wawa shopping center, Miles Park, and the Post Office. The building, constructed in 1965, features eight parking spaces and is zoned for office use (grandfathered). Divisible spaces range from a minimum of 1,200 square feet to a maximum contiguous space of 3,500 square feet, providing flexibility for various business needs. The property includes three convenient first-floor offices, and an additional 1,500 square feet of flex/storage space is available for lease at a separate rate. Utilities (electric and heat) are tenant responsibility. A private bathroom is included. The property's address is 4003 1st Ave, Lafayette Hill, PA 19444, with the APN 65-00-03832-009 in Montgomery County. This prime location in the Plymouth Meeting submarket presents a fantastic opportunity for businesses seeking a well-situated and adaptable workspace.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1962
Total area 5,197 SF
Lot 0.23 ac (9,983 SF)
Zoning code A
APN 65-00-03832-00-9
UPID US73-2064150

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic

Location

4003 1st Ave Lafayette Hill, PA 19444-1401
Lafayette Hill metro Census 203104 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2015
3 recorded transactions
2021
Price N/A
2015
$425,000
2008
Price N/A

Zoning & alternative use

A · Lafayette Hill, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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