550 Lewis Rd Royersford, PA 19468-1119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OLI · Royersford, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.