Technical
Financial
Distress signals
Property profile

433 Horsham Rd Ste A Horsham, PA 19044

OFF-MARKET
Warehouses
Property ID
US73-0765256
4,900 SF 0.39 ac lot Built 1970
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7,800 square foot commercial property, situated on a 0.26-acre lot at 433 Horsham Road in Horsham, Pennsylvania, presents a unique investment opportunity. The building boasts high visibility from Horsham Road and offers a diverse range of potential uses. Currently configured as a mixed-use property, it includes a light industrial manufacturing shop and commercial office space, both currently leased for a combined monthly rent of $4,620. These leases are in place until February 2026, providing immediate income potential. The tenants are a furniture repair business and an antique shop. Additionally, a recently renovated 1,500 square foot residential unit, featuring two bedrooms and one bathroom, is located on the second floor. This unit is currently leased month-to-month at $1,860 per month, below market value, offering further income potential. All three units benefit from separate utilities, heating, and central air conditioning systems. Ample parking is available on both sides of the building. This property is ideal for investors seeking a diversified income stream or those looking to establish their own business in a highly visible location. The property's versatile layout and existing tenant occupancy make it an attractive proposition in the thriving Horsham market. The asking price is $1,025,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 4,900 SF
Lot 0.39 ac (16,980 SF)
Zoning code LC3
APN 36-00-05530-00-5
UPID US73-0765256

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
  • Home Decor Store Furniture & Home Goods
  • Marketing & Advertising Printing Service

Location

433 Horsham Rd Ste A Horsham, PA 19044-2043
Horsham metro Census 200502 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
2 recorded transactions
2018
$448,500
1995
Price N/A

Zoning & alternative use

LC3 · Horsham, 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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