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    Property profile & analytics

    814 Montgomery Ave Narberth, PA 19072-1928

    • Office buildings
    • 4,180 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5925036
    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

    • Office buildings

    Property Details for 814 Montgomery Ave

    Year built
    1964
    Lot size
    0.16 lot acres
    Property size
    4,180 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    12-00-02563-00-8
    APU
    120002563008

    Description

    This exceptional retail property, located at 814 Montgomery Ave in Narberth, Pennsylvania, presents a compelling investment opportunity. The building, constructed in 1972 and renovated in 2015, offers 4,000 square feet of net rentable space across two stories. Currently vacant, this multi-tenant building is classified as Class B and features a desirable NNN lease type. The asking price is $850,000, translating to a price per square foot of $212.50 and an attractive 8.00% cap rate. The property boasts a prominent freestanding sign pylon, ensuring high visibility for tenants. Convenient on-site parking is also available. The building sits on a commercially zoned lot in Montgomery County, zip code 19072. With two units available, this property is ideal for owner-occupancy or investment purposes. The property's strategic location in Narberth, combined with its updated features and ample parking, makes it an attractive option for a variety of retail businesses. The building's single structure provides ease of management and maintenance. This is a rare opportunity to acquire a well-located, renovated retail building with significant upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Narberth
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2579
    Latitude
    40.0103
    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
    $7,633
    $0.00
    $0.00
    $160,920
    -
    $0.00
    $0.00
    $160,920

    Comparable in this City

    • Value Estimation by Request
      26,021 SF

      822 Montgomery Ave

      OFFICE BUILDING • 26,021 SF
      822 Montgomery Ave, Narberth, PA 19072-1937
      View Details
    • Value Estimation
      $450,000
      5,505 SF

      916 Montgomery Ave

      OFFICE BUILDING (MULTI-STORY) • 5,505 SF
      916 Montgomery Ave, Penn Valley, PA 19072-1913
      View Details
    • Value Estimation by Request
      11,444 SF

      732 Montgomery Ave

      OFFICE BUILDING (MULTI-STORY) • 11,444 SF
      732 Montgomery Ave, Narberth, PA 19072-2012
      View Details
    • Value Estimation by Request
      9,810 SF

      724 Montgomery Ave

      OFFICE BUILDING (MULTI-STORY) • 9,810 SF
      724 Montgomery Ave, Narberth, PA 19072-2044
      View Details
    • Value Estimation
      $2,475,000
      12,032 SF

      638 Montgomery Ave

      OFFICE BUILDING (MULTI-STORY) • 12,032 SF
      638 Montgomery Ave, Narberth, PA 19072-2031
      View Details
    • Value Estimation
      $920,000
      51,190 SF

      201 Sabine Ave

      OFFICE BUILDING (MULTI-STORY) • 51,190 SF
      201 Sabine Ave, Narberth, PA 19072-1600
      View Details

    Similar Nearby for Sale

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      Narberth Office Portfolio Opportunity

      Two well-maintained office properties in Narberth, PA, totaling 8,100+ SF.
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      0.03 Acres

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      0.06 Acres

      Narberth Office Space - Available Now

      Prime Narberth location, flexible office space.
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    • Contact for pricing
      0.04 Acres

      Narberth Restaurant Space - Turnkey Opportunity

      Prime Narberth location, 1200 sq ft, outdoor seating.
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    • $189,500
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      Condo with Modern Amenities

      One bedroom condo with updated kitchen and community amenities.
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    Similar Nearby for Lease

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    • $32 SF/Yr
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      915 Montgomery Ave Office Space

      Prime Penn Valley Office Suites, 550-750 SF
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    • $25 SF/Yr
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      Narberth Office Space Available

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    • $28 SF/Yr
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      Narberth Office Building For Sale

      Prime Main Line Office Space Available
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    • $50 SF/Yr
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      Main Line Mixed-Use Building

      7,400 SF building with office, retail, and medical space.
      727-731 Montgomery Ave, Penn Valley, PA 19072
      View Details
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    Narberth, PA 19072-1928
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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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