Multi-Office Building with
For Sale
$1,100,000
Pending
1133 DEKALB PIKE, Blue Bell, PA 19422
Multi-level office building with multiple private offices, conference room, and 16+ on-site parking spaces.
Property Size5,988 SF
Days on Market52
Property Features for 1133 DEKALB PIKE
General Information
Standard status
Pending
Size
5,988 SF
Property subtype
Commercial
Building Details
Year Built
2005
Listing Agency:
Keller Williams Real Estate-Blue Bell
(610) 724-8866
Listed By:
Dino A D'Orazio
(610) 724-8866
Source:
Cummingsrealtors
Added: Jul 10
Changed: Aug 8
Last Checked: Jul 23 at 5:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate-Blue Bell
Investment Insights
Based on property information with market context.
This professionally appointed office building features a first floor with a reception and waiting area, six private offices, a half bath, and a full kitchen. The second level offers seven additional private offices and a second half bath. The finished lower level includes a large conference room, a full bath, and two expansive storage areas, supporting flexible space planning.
The property is described as commercially zoned and positioned along a high-traffic corridor with outstanding visibility and easy accessibility. It also includes a generous on-site parking lot providing 16+ spaces for clients and staff.
Additional building comfort is supported by three separate heating and cooling zones throughout the property.
The property is described as commercially zoned and positioned along a high-traffic corridor with outstanding visibility and easy accessibility. It also includes a generous on-site parking lot providing 16+ spaces for clients and staff.
Additional building comfort is supported by three separate heating and cooling zones throughout the property.
Key Highlights
- Commercially zoned multi‑level office building built in 2005
- First floor includes reception/waiting area, 6 private offices, half bath, and full kitchen
- Second level has 7 additional private offices plus a second half bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,141
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,882,820
$1.9M
Cap Rate 7%
$1,344,871
$1.3M
Cap Rate 9%
$1,046,011
$1.0M
Market Conditions
NOI Build-Up for 5,988 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$155.9K $26.04/SF
− Vacancy
−$30.4K −$5.08/SF
EGI
$125.5K $20.96/SF
− OpEx
−$31.4K −$5.24/SF
NOI
$94.1K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,882,820
Cap Rate 7%
$1,344,871
Cap Rate 9%
$1,046,011
Alternative Uses
Best Use
Office B
$1.34M
$1.18M – $1.57M
NOI $94,141 @ 7.0% cap · market cap 8.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.44M
$3.01M – $4.02M
NOI $241,105 @ 7.0% cap · market cap 21.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 19422, PA
20,117
Population
8,179
Households
2.5
Avg Household Size
46
Median Age
74%
College-Educated
99%
High-School Grad
12.3 sq mi
ZIP Area
1,636
Density / Sq Mi
$153,344
Median Household Income
$82,873
Median Earnings
$2,151
Median Rent
$572,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-level office building with multiple private offices, conference room, and 16+ on-site parking spaces.
Where is this office building located?
The property is located at 1133 DEKALB PIKE Blue Bell, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercially zoned multi‑level office building built in 2005; First floor includes reception/waiting area, 6 private offices, half bath, and full kitchen; Second level has 7 additional private offices plus a second half bath
