550 Lewis RdRoyersford, PA 19468

For Sale
Call for price

8.59 Acres, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • RB-zoned property allows hotels, retail, fast food, medical, car washes, daycare, and more.
  • Approved for a 56,000 SF, 58-unit assisted living facility.
  • $119,763 median household income within 1 mile.
  • 41,000 AADT on Route 422 and 18,000 AADT on North Lewis Road.
  • 56.4% population growth (2000-2023).

Property Details for 550 Lewis Rd

Property type
Other land, Land
Lot Size (sq. ft)
374,180 SF

Location Insight

City
Royersford
County
Montgomery
State
Pennsylvania
Latitude
40.214074913661
Longitude
-75.545428946599
550 Lewis Rd, Royersford, Pennsylvania

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550 Lewis Rd
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