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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

845 Montgomery Ave Penn Valley, PA 19072-1532

1,736 SF 0.16 ac lot Built 1962
Individually Owned 9-yr Hold Free & Clear
Property ID
US73-1904497
Property summary
AI-generated overview

Fully leased 1,200 sq ft auto shop in Narberth, PA, enjoys a prime corner location in a thriving Philadelphia suburb. A recently commenced seven-year NNN lease with Caliber Collision generates $72,000 annual income and includes two five-year renewal options. The property boasts 25 parking spaces and is situated on a 0.16-acre lot. The building, constructed in 1970, features four 16-foot-high roll-up doors, three of which are equipped with lifts. This stabilized investment offers immediate cash flow and long-term growth potential in a densely populated area with high average household incomes. The property is zoned C1 and benefits from proximity to major roadways, numerous amenities, and other auto-related businesses. The tenant, Caliber Collision, operates over 1,700 locations across 41 states, ensuring stability and brand recognition. This presents a compelling opportunity for investors seeking a secure, high-return investment in a desirable location. The lease commenced August 29, 2024, with rent commencing January 29, 2025, and expiring June 27, 2031.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1962
Total area 1,736 SF
Lot 0.16 ac (6,945 SF)
Zoning code C1
APN 40-00-39604-00-1
UPID US73-1904497
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Richard J Costa · 9 yrs held
Richard J Costa
since 2017
1 recorded transaction
2017
$112,500
Zoning & alternative use
C1 · Penn Valley, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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