550 Lewis Rd, Royersford, PA 19468-1119
- Gas stations
- 6,560 SF
- 3.19 lot acres
Current Use by Public Records
- Gas stations
Property Details for 550 Lewis Rd
- Year built
- 1997
- Lot size
- 3.19 lot acres
- Zone code
- OLI
- Property type
- Gas stations
- APN
- 37-00-01610-00-9
- APU
- 370001610009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 31, 2022 | $1,600,000 | 550 North Lewis Limerick LLC | Stark Properties INC | Special Warranty Deed | $1.4M · Tompkins Trust Co |
| May 12, 2021 | $150,000 | Stark Properties INC | Leroy W Wensel JR | Deed | $1.5M · Leroy W Wensel JR |
| Jul 23, 1997 | — | Citizens Utilities Water Co | Wensel,leroy W & Dawn R | Grant Deed · related | — |
| Mar 19, 1997 | — | Leroy Wensel | — | Deed Of Trust · related | $1.2M · Harleysville Nat'l Bank & Trus |
| — | — | Leroy W Wensel | — | Deed Of Trust · related | $1.7M · Harleysville Nat'l Bank & Trus |
| — | — | Leroy W Wensel | — | Deed Of Trust · related | $9k · Harleysville Nat'l Bank & Trus |
| — | — | Leroy W Wensel | — | Deed Of Trust · related | $300k · Harleysville Nat'l Bank & Trus |
| — | — | Leroy W Wensel | — | Deed Of Trust · related | $9k · Harleysville Nat'l Bank & Trus |
| — | — | Leroy Wensel | — | Deed Of Trust · related | $615k · Harleysville Nat'l Bank & Trus |
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
-
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
