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    550 Lewis Rd Royersford, PA 19468-1119

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    550 Lewis Rd Royersford, PA 19468-1119


    • Gas stations
    • 6,560 SF
    • 3.19 lot acres
    Off-Market
    Last Sale Mar 31, 2022
    $1,600,000
    Property ID
    US73-1055902
    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.

    Value Estimations
    $1,620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gas stations

    Property Details for 550 Lewis Rd

    Year built
    1997
    Lot size
    3.19 lot acres
    Property size
    6,560 SF
    Zone code
    OLI
    Property type
    Gas stations
    APN
    37-00-01610-00-9
    APU
    370001610009

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,655,000
      ML approach
      $1,620,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Royersford
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.5445
    Latitude
    40.2147
    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
    $24,122
    $115,440
    $508,400
    $623,840
    -
    $115,440
    $508,400
    $623,840
    More about this property
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