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    Mixed-Use Property with Billboard Income Title is generated by Realmo AI

    1440 BETHLEHEM Pike, North Wales, PA 19454

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    For Sale
    $899,000

    MULTI_FAMILY - Colonial - NORTH WALES, PA

    Lot size:
    2.13 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 5:06 am

    Property Features for 1440 BETHLEHEM Pike

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    Lot size
    2.13 Acres

    Taxes and HOA fees

    Tax Annual Amount
    15562

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1949
    Number of units
    4
    Building materials
    Stucco
    Architectural style
    Colonial

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    Listing Contact
    Ed Valentine

    Listing agent Ed Valentine License #AB066453

    Listing office Innovate Real Estate 840 Harleysville Pike unit: 6, Doylestown, PA

    Listing date Jun 4, 2026

    MLS# PAMC2182566 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use commercial property on approx. 2.13 acres along Bethlehem Pike (Route 309) in Montgomery County.
    • Multiple existing income streams: detached garage lease at $1,100/mo, dry‑cleaning business at $500/mo, office space at $650/mo, and rear hair salon at $850/mo.
    • Digital billboard income: $1,333.34/mo ($16,000 annually) through May 2031; then $1,583.33/mo ($19,000 annually) from June 2031 through May 2035.
    • GC‑2 zoning allows for a variety of commercial uses (buyer to verify land uses and development opportunities with Horsham Township).
    • Building features include stucco construction, hot water heating, and window unit(s) cooling.
    • Driveway parking; property includes a detached garage used as a leased income source.

    Overview

    This mixed-use commercial property totals approximately 2.13 acres and includes several separately leased spaces. A detached garage is leased, along with a first-floor dry-cleaning business, second-floor office space, and a rear hair salon. The property also features a digital billboard with income through May 2031 and scheduled increases from June 2031 through May 2035, creating an additional non-traditional revenue stream. The listing indicates GC-2 zoning, which supports a variety of commercial uses.

    The property is located along Bethlehem Pike (Route 309) in Montgomery County, providing prominent Route 309 frontage within an established commercial corridor. The remarks note convenient access to major transportation routes and a surrounding mix of national retailers, restaurants, and regional amenities.

    For buyers, this configuration can appeal to investors seeking existing, in-place commercial leases across multiple components, as well as buyers evaluating longer-term redevelopment or repositioning opportunities under GC-2 zoning. The listing also notes that certain rents are below current market levels, creating room for future lease-up or rent adjustments through restructuring. As advised in the remarks, any potential development or land use options should be verified directly with Horsham Township before proceeding.
    Property Profile Location Intelligence

    Current Use by Public Records

    309 Hair Salon Hair Salon Fidelity Home Appraisers Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2242
    Latitude
    40.2085

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    FAQs

    What type of property is this?
    Mixed-use property - Multiple leased components plus a digital billboard provide diversified commercial income for an investor or redeveloper.
    Where is this mixed-use property located?
    The property is located at 1440 BETHLEHEM Pike North Wales, PA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Mixed‑use commercial property on approx. 2.13 acres along Bethlehem Pike (Route 309) in Montgomery County.; Multiple existing income streams: detached garage lease at $1,100/mo, dry‑cleaning business at $500/mo, office space at $650/mo, and rear hair salon at $850/mo.; Digital billboard income: $1,333.34/mo ($16,000 annually) through May 2031; then $1,583.33/mo ($19,000 annually) from June 2031 through May 2035.
    (484) 432-7078
    We can help!
    Listing Contact
    Ed Valentine
    Real Estate License ID: AB066453
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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.

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