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    Property profile & analytics

    105 Bala Ave Bala Cynwyd, PA 19004-3307

    • Investment properties
    • 2,708 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    9.9%
    Investment properties
    Location Intelligence
    Property ID
    US73-1842859
    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

    • Dr. Allison Pisapia Psy.D. / Psychologist
    • Dr. Aviva Gaskill / Psychologist
    • Amylynn Cunningham, PSYD / Psychologist
    • Blair Robert C PhD / Psychologist
    • Jones Lester / Social Worker / Health

    Property Details for 105 Bala Ave

    Year built
    1910
    Lot size
    0.08 lot acres
    Property size
    2,708 SF
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    40-00-03588-00-8
    APU
    400003588008

    Description

    This exceptional three-story, 2,100 square foot medical office building at 105 Bala Avenue in Bala Cynwyd, Pennsylvania, presents a unique investment opportunity. Built in 1940 and extensively renovated in 2023, the Class B property boasts a newly updated HVAC system and roof, ensuring efficient and cost-effective operation. The building features six units within a multi-tenant setting, currently operating at 40% occupancy. The convenient location offers excellent access to major transportation arteries, including I-76 and Route 1, providing easy commutes to Center City Philadelphia. Public transportation is also readily available, with proximity to SEPTA regional rail and bus stops. On-site parking is provided for six vehicles. The property is zoned for commercial use and includes a total of 2,100 net rentable square feet. The 2023 real estate taxes were $5,402. The third floor is currently vacant, presenting an ideal opportunity for an owner-user to occupy a significant portion of the building. This property offers a blend of modern updates and a desirable location, making it an attractive investment in the thriving Bala Cynwyd market. The building is situated in Montgomery County, PA, zip code 19004.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $242,000
      Market price range: $181k - $421k
      AI Estimate
      $237,000
      Market price range: $218k - $379k

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

    Location Insight

    • Map
    • Local Demand
    City
    Bala Cynwyd
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2312
    Latitude
    40.0037
    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
    $5,682
    $80,210
    $55,850
    $136,060
    -
    $80,210
    $55,850
    $136,060

    Comparable in this City

    • Value Estimation
      $275,000
      3,425 SF

      106 Ashland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,425 SF
      106 Ashland Ave, Bala Cynwyd, PA 19004-1902
      View Details
    • Value Estimation
      $450,000
      1,347 SF

      102 Bala Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,347 SF
      102 Bala Ave, Bala Cynwyd, PA 19004-3003
      View Details
    • Value Estimation
      $295,000
      4,636 SF

      224 Bala Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,636 SF
      224 Bala Ave, Bala Cynwyd, PA 19004-2920
      View Details
    • Value Estimation
      $2,315,000
      4,937 SF

      501 Belmont Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,937 SF
      501 Belmont Ave, Bala Cynwyd, PA 19004-1302
      View Details
    • Value Estimation
      $280,000
      2,468 SF

      211 Frd Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,468 SF
      211 Frd Rd, Bala Cynwyd, PA 19004-2807
      View Details
    • Value Estimation
      $305,000
      5,966 SF

      41 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,966 SF
      41 Highland Ave, Bala Cynwyd, PA 19004-2925
      View Details

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      Four Parcels Sold Together

      Four adjacent land parcels available in Bala Cynwyd, Pennsylvania.
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    Similar Nearby for Lease

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      25,000 SF

      Office Space in Bala Cynwyd

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      Retail/Office Space in Bala Cynwyd

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      Bala Cynwyd Office Space

      New office space near City Line with furniture available.
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      Furnished Office Space Sublease

      27,615 SF fully furnished office space for sublease.
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      View Details
    • Contact for pricing
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      Main Line Retail Space Available

      Neighborhood retail space on Philadelphia’s Main Line for rent.
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      Office Space in Bala-Cynwyd

      2950 SF office space available for lease.
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      View Details
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    Bala Cynwyd, PA 19004-3307
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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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