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Property profile & analytics
OFF-MARKET Estimated value $1,620,000
Gas stations

550 Lewis Rd Royersford, PA 19468-1119

6,560 SF 3.19 ac lot Built 1997
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-1055902
Property summary
AI-generated overview

This exceptional 8.59-acre commercial land parcel in Royersford, Pennsylvania, presents a unique investment opportunity. Located at 550 N Lewis Rd, 19468, Montgomery County, the property boasts an ideal location with high visibility and accessibility. Zoned RB - Retail Business, it allows for a wide range of uses including hotel, retail, fast food, medical facilities, car washes, and daycare centers, among others. A significant advantage is the existing conditional use approval for a 56,000 square foot (58-unit) assisted living complex. The site features a one-acre pad at a traffic signal, adjacent to a Wawa with gas, ensuring high traffic exposure. The remaining 7.59 acres are elevated, providing exceptional visibility from Route 422. This high-growth corridor has seen a remarkable 56.4% population increase between 2000 and 2023. The property's strategic location benefits from an annual average daily traffic count of 41,000 on Route 422 and 18,000 on North Lewis Road. Furthermore, the median household income within a one-mile radius is a substantial $119,763, indicating strong consumer spending power. The property's APN is 37-00-01738-007. This prime location and flexible zoning make this an exceptional opportunity for developers and investors seeking high-return potential in a thriving market.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1997
Total area 6,560 SF
Lot 3.19 ac (138,956 SF)
Zoning code OLI
APN 37-00-01610-00-9
UPID US73-1055902
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.62M
Owner & transaction history
550 North Lewis Limerick LLC · 4 yrs held
550 North Lewis Limerick LLC
since 2022
Last sale
$1.6M
7 recorded transactions
2022
$1.6M
2021
$150,000
1997
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OLI · Royersford, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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