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    Property profile & analytics

    115 Plymouth Rd Plymouth Meeting, PA 19462-1407

    • Office Properties & Spaces
    • 10,519 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $1,670,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3300877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Biscuit Lady / Restaurant
    • Dr. Hema Jonnalagadda M.D. Advocare Montgomery Gynecology / Physician / Medical Clinic
    • Serenity 2 Nail Bar Plymouth Meeting / Nail Salon

    Property Details for 115 Plymouth Rd

    Year built
    2015
    Lot size
    0.11 lot acres
    Property size
    10,519 SF
    Zone code
    RMU
    Property type
    Office Properties & Spaces
    APN
    49-00-01288-37-2
    APU
    490001288372

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,988,000
      Market price range: $1.99M - $6.05M
      AI Estimate
      $1,352,000
      Market price range: $1.35M - $2.67M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth Meeting
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2745
    Latitude
    40.1092
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,712
    $0.00
    $0.00
    $539,710
    -
    $0.00
    $0.00
    $539,710

    Comparable in this City

    • Value Estimation
      $1,680,000
      9,546 SF

      1250 Germantown Pike Ste, Unit 205

      CONDOMINIUM OFFICES • 9,546 SF
      1250 Germantown Pike Ste, Plymouth Meeting, PA 19462-2444
      View Details
    • Value Estimation by Request
      1,500 SF

      1000 Germantown Pike

      Office Properties & Spaces • 1,500 SF
      1000 Germantown Pike, East Norriton, PA 19462
      View Details
    • Value Estimation
      $1,075,000
      6,726 SF

      4066 Butler Pikeb

      CONDOMINIUM OFFICES • 6,726 SF
      4066 Butler Pikeb, Plymouth Meeting, PA 19462-1544
      View Details
    • Value Estimation
      $2,270,000
      9,799 SF

      832 Germantown Pike Ste, Unit 5

      CONDOMINIUM OFFICES • 9,799 SF
      832 Germantown Pike Ste, Plymouth Meeting, PA 19462-2442
      View Details
    • Value Estimation
      $1,590,000
      10,009 SF

      2350 Butler Pike

      CONDOMINIUM OFFICES • 10,009 SF
      2350 Butler Pike, Plymouth Meeting, PA 19462-1416
      View Details
    • Value Estimation
      $665,000
      1,500 SF

      1000 Germantown Pike Ste G3

      CONDOMINIUM OFFICES • 1,500 SF
      1000 Germantown Pike Ste G3, Plymouth Meeting, PA 19462-2487
      View Details

    Similar Nearby for Sale

    • $3,696,000

      Plymouth Meeting Office For Sale

      Office building for sale in Plymouth Meeting, Pennsylvania.
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    • $639,000

      Turnkey Office Condo For Sale

      Meticulously maintained office condo with flexible space and convenient location.
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      4,324 SF

      Retail Space Near Plymouth Meeting

      Retail space available near Plymouth Meeting Mall with redevelopment potential.
      580 West Germantown Pike, Plymouth Meeting, PA 19462
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    • $550,000

      End-Unit Townhouse in Hill View

      Well-maintained townhouse with open floor plan and finished basement.
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    • $425,000

      Prime Restaurant w/ Liquor License

      Turnkey Restaurant in Plymouth Meeting, PA
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    • Contact for pricing
      5,290 SF

      Freestanding Building on Ridge Pike

      5,290 SF freestanding building on 1.30 acres available.
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    Similar Nearby for Lease

    • Contact for pricing
      18,379 SF

      Renovated Office Space Available

      22,228 SF renovated office space with amenities.
      518 Township Line Rd, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      26,058 SF

      Plymouth Meeting Office Space

      Office space available for lease in Plymouth Meeting, PA.
      401 Plymouth Rd, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      74,327 SF

      Plymouth Meeting Office/Flex Space

      Versatile Office & Industrial Space, Prime Location
      220 Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • $12 SF/Yr
      96,600 SF

      Plymouth Meeting Office Space Available

      Office space for rent, close to major routes.
      220 West Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      37,369 SF

      Office Space with Fitness Center

      Office space featuring a full-service fitness center and cafes.
      512 E Township Line Rd, Plymouth Meeting, PA 19462
      View Details
    • $21 SF/Yr
      4,064 SF

      Executive Office Spaces for Lease

      Two renovated, fully furnished office suites with private entrances.
      5215 Militia Hill Rd, Plymouth Meeting, PA 19462
      View Details
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    115 Plymouth Rd
    Plymouth Meeting, PA 19462-1407
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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