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Property profile & analytics
FOR LEASE
Grocery and convenience stores

841 Gravel Pike Collegeville, PA 19426

29,130 SF 35.18 ac lot Built 1975
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US73-5724744
Property summary
AI-generated overview

This exceptional Class A property, located at 841 Gravel Pike, presents a unique opportunity for a daycare center or similar retail use. The 40,000 square foot building, constructed in 1975 and renovated in 2000, sits on a single story and offers flexible space options. Currently entirely vacant, the property is available for immediate occupancy, with the entire 40,000 square feet available, or divisible into spaces ranging from 10,000 to a maximum contiguous 30,000 square feet. The building boasts a prime location on heavily trafficked Route 29, benefiting from high visibility and ample parking. A significant advantage is its strategic end-cap position within the existing building, further enhancing its prominence. The property is situated in a high-income market with over 24,960 residents within a 10-minute drive, ensuring a substantial potential customer base. Furthermore, the property includes an outdoor play area, ideal for a daycare facility. Public sewer is available on-site, and public water and gas can be readily connected. This is a rare opportunity to acquire a well-located, versatile property with significant potential for growth and profitability. The existing tenant will vacate on February 28, 2025, allowing for immediate occupancy or ample time for renovations and preparations.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Total area 29,130 SF
Lot 35.18 ac (1,532,441 SF)
Zoning code CR
APN 48-00-01255-00-2
UPID US73-5724744
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
  • Landis Supermarket Specialty Food Shop Supermarket
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Coin Cloud Bitcoin ATM Atm Currency Exchange Service
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.75M
Owner & transaction history
Pv Assoc Realty · 22 yrs held
Pv Assoc Realty
since 2004
3 recorded transactions
2019
Price N/A
2004
$2.4M
1969
Price N/A
Zoning & alternative use
CR · Collegeville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $8.6M +9.8%
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More about this property
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