618 Shoemaker Rd, King of Prussia, PA 19406
- Investment properties
- 6,511 SF
- 1.03 lot acres
Current Use by Public Records
- Arader Fine Art Framing / (Bike/Boat/Book/etc) Store / Home Decor Store
- Triester Jeffrey / Insurance Agency
Property Details for 618 Shoemaker Rd
- Year built
- 1800
- Lot size
- 1.03 lot acres
- Zone code
- C0
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 58-00-17068-00-1
- APU
- 580017068001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 16, 2024 | — | Bo Arader | W Graham Arader III | Deed · related | — |
| Apr 22, 2022 | $630,000 | W Graham Arader III | 618 Shoemaker Road LP | Deed | — |
| Aug 16, 2018 | — | 618 Shoemaker Road LP | — | Deed · related | $1M · Santander Bk NA |
| Feb 26, 2008 | — | Firstrust Bk | Dt Shoemaker Dev Co INC | Grant Deed · related | — |
| Jun 21, 2001 | $350,000 | Shoemaker Rd LP 618 | Cummings,clifford G & Jane L | Grant Deed | — |
| Apr 30, 1999 | $400,000 | Clifford G Cummings | Robert E Miller Estate | Grant Deed | — |
| — | — | 618 Shoemaker Road | — | Deed Of Trust · related | $225k · Firstrust Bank |
| — | — | 618 Shoemaker Road LP | — | Deed Of Trust · related | $250k · Firstrust Bank |
| — | — | 618 Shoemaker Road | — | Deed Of Trust · related | $200k · Firstrust Bank |
| — | — | Robert E Miller | — | Deed Of Trust · related | $15k · Security National Bank |
| — | — | 618 Shoemaker Road LP | — | Deed Of Trust · related | $1M · Santander Bk NA |
| — | — | Shoemaker Dev Co I | — | Deed Of Trust · related | $800k · Commerce Bk/pa NA |
| — | — | 618 Shoemaker Road LP | — | Deed Of Trust · related | $283k · Bryn Mawr Trust Co |
| — | — | Shoemaker Dev Co I | — | Deed Of Trust · related | $25k · Commerce Bk/pa NA |
| — | — | 618 Shoemaker Road | — | Deed Of Trust · related | $735k · Firstrust Bank |
| — | — | 618 Shoemaker Road LP | — | Deed Of Trust · related | $725k · Vist Bank |
Description
This exceptional commercial property, located at 618 Shoemaker Road in King of Prussia, Pennsylvania, presents a lucrative investment opportunity. The two-story office building sits on a generous 1.3-acre lot, zoned for commercial office use. The building boasts nine individual offices, providing ample space for a variety of business needs. With 21 parking spaces available, employee and client parking is readily accommodated. The property's address is 618 Shoemaker Rd, King of Prussia, PA 19406, situated within Montgomery County. Its convenient location in King of Prussia offers excellent accessibility and visibility. The asking price for this well-maintained office building is $3,500,000. This represents a significant opportunity to acquire a substantial and well-positioned commercial property in a thriving business community. The property's size and features make it suitable for a range of businesses seeking a prominent presence in the King of Prussia market. The ample parking and convenient location are key advantages for attracting and retaining employees and clients. This is a turnkey solution for businesses seeking immediate occupancy and operational efficiency. The property's traditional office design offers a classic and professional aesthetic. Serious inquiries are encouraged to explore this compelling investment opportunity further.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $640,000
- ML approach
- $650,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $660,000
- AI Estimate
- $736,000
Market price range: $317k - $768kMarket price range: $328k - $923k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $535,000 Current use
- MEDICAL BUILDING
- $1,025,000 Change: +92% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,015,000 Change: +90% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $940,000 Change: +75% Conversion: Moderate
- RESTAURANT
- $915,000 Change: +71% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- King Of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3582
- Latitude
- 40.0771
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
