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    606 GERMANTOWN PIKE Lafayette Hill, PA 19444

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    Claim this Listing
    New
    For Sale
    $850,000

    Commercial/Industrial - LAFAYETTE HILL, PA

    Lot size:
    0.51 Acres
    Added:
    Apr 21, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 22 at 9:06 am

    Property Features for 606 GERMANTOWN PIKE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4457

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1830
    Flooring type
    Engineered Wood
    Building materials
    Steel Siding, Stone
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Scott J Mayer
    Scott J Mayer

    Listing agent Scott J Mayer

    Listing office Blue Bell, PA 860 Penllyn-Blue Bell Pike, PA

    Listing date Apr 21, 2026

    MLS# PAMC2176168 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lafayette Hill Former Medical Office

    This property, formerly a medical office, is located in Lafayette Hill, PA. The first floor features a spacious 23x15 reception area with an adjoining 8x12 waiting room, two 9x12 exam rooms, a fully accessible powder room, and a 5x9 supply/copier room. A large 21x23 foot office with ample glass is also located on the first floor, suitable as a work out room. The layout is ideal for a physical therapist or other office use. The second floor includes two 8x12 rooms, a 12x15 room, and a powder room. The third floor contains a 16x22 foot loft room. The second and third floor layout could potentially be converted into an apartment with township approval. Parking is available for approximately 15 cars. The property is situated on a 0.51-acre lot. An adjoining property at 608 Germantown Pike will soon be available separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zachary Dillow, DC: ... Alternative Medicine Practice Active Care Chiropractic ... Alternative Medicine Practice Ashley May Hammel Alternative Medicine Practice Dr. Zephyr Dippel Alternative Medicine Practice Dr. Ashley Hammel Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Mt. Airy Animal Hospital — 638 Ridge Pike, Lafayette Hill, PA 19444
    • Andorra Veterinary Clinic — 638 Ridge Pike, Lafayette Hill, PA 19444
    • Dr. Jonathan Wilkerson — 638 Ridge Pike, Lafayette Hill, PA 19444
    • Andorra Veterinary Clinic: Micki Mooney VMD — 638 Ridge Pike, Lafayette Hill, PA 19444

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette Hill
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.25485
    Latitude
    40.08742

    FAQs

    What type of property is this?
    Medical Office Space - Former medical office suitable for physical therapist or office use.
    Where is this medical office space located?
    The property is located at 606 GERMANTOWN PIKE Lafayette Hill, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Versatile Layout: Suitable for office use or potential apartment conversion (with township approval).; Ample Parking: Parking available for approximately 15 cars.; Spacious First Floor: Features a large reception area, waiting room, two exam rooms, and a large office/workout room.
    (888) 536-0216
    We can help!
    Listing Contact
    Scott J Mayer
    Scott J Mayer
    Real Estate License ID: AB043312A
    Learn More
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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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