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    Property profile & analytics
    OFF-MARKET Estimated value $5,060,000
    Office buildings

    840 1st Ave, King Of Prussia, PA 19406-4062

    29,234 SF 3 ac lot Built 1968
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US73-0896749
    Property summary
    AI-generated overview

    This exceptional 3,862 square foot office suite, located at 840 1st Ave, King of Prussia, PA 19406, is now available for lease. Situated within the First Avenue Business Commons, a single-story, 28,000 square foot building on 3 acres, this space boasts a prestigious address in the King of Prussia Wayne submarket. Built in 1968 and renovated in 2008, the property features a 22-foot ceiling height and ample parking with 95 spaces. The suite itself offers a sophisticated layout including a double French glass door entrance, reception area, five private offices, a conference room, kitchenette, and an in-suite bathroom with shower. Its prime location provides easy access to major King of Prussia amenities such as the King of Prussia Mall, TopGolf, and King of Prussia Town Center. The property is zoned SM and has a Montgomery County APN of 58-00-06820-00-7. The building benefits from heavy power capabilities. This is a rare opportunity to secure a high-quality, move-in ready executive office space in a highly desirable location. The property taxes are $1.54 per square foot. This space is ideal for businesses seeking a professional and convenient location. Don't miss this chance to secure this exceptional office space.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1968
    Total area 29,234 SF
    Lot 3 ac (130,680 SF)
    Zoning code SM
    APN 58-00-06820-00-7
    UPID US73-0896749
    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
    Current use
    Occupant on record · Public records
    • N2Growth Employment Agency Business Service Center
    • Arc Intermedia Marketing & Advertising
    • The Downey Firm, LLC Law Firm
    • Law Office of Tejal Mehta PC Law Firm
    • divorce done differently Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.90M
    Blend (final) Blend
    $5.06M
    Owner & transaction history
    Eagle View Properties I LLC · 6 yrs held
    Eagle View Properties I LLC
    since 2020
    Last sale
    $5.1M
    7 recorded transactions
    2020
    $5.1M
    2012
    2007
    $2.3M
    2004
    2004
    $2.2M
    1969
    1969
    Zoning & alternative use
    SM · King Of Prussia, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $7.9M +41.6%
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