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    Property profile & analytics

    234 Woodbine Ave Narberth, PA 19072

    • Investment properties
    • 2,630 SF
    • 0.03 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US73-0077547
    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

    • Investment properties

    Property Details for 234 Woodbine Ave

    Year built
    1924
    Lot size
    0.03 lot acres
    Property size
    2,630 SF
    Zone code
    C
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    12-00-03709-00-5
    APU
    120003709005

    Description

    This 850-square-foot commercial space at 234 Woodbine Avenue in desirable Narberth Borough offers a fantastic opportunity for a single-tenant business. The property is classified as retail, office, and restaurant space, but is currently configured as a traditional, executive, or creative office space. The main floor boasts a bright and open floor plan, ideal for various business setups. Durable tile flooring runs throughout the space, adding to its practicality. A convenient bathroom and ample storage are included, enhancing the functionality of the property. Adding to the appeal is a small, private outdoor patio, perfect for breaks or informal meetings. The property's single-tenant occupancy ensures exclusive use and control. Located in Montgomery County, this space provides easy access to local amenities and transportation. This versatile property is ready for immediate occupancy and presents a unique chance to establish or expand your business in a thriving community. Schedule a viewing to experience the potential of this exceptional commercial space firsthand. The property is suitable for a variety of uses, including traditional office, executive office, or creative office settings.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $195,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $215,000
      Mixed-Use
      $165,000
      Hospitality
      $180,000
      Educational
      $215,000
      Residential Income
      $160,000
      Energy
      $175,000
      Income-Based Land
      $165,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Narberth
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2593
    Latitude
    40.0096
    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
    $4,547
    $53,200
    $42,650
    $95,850
    -
    $53,200
    $42,650
    $95,850

    Comparable in this City

    • Value Estimation
      $335,000
      5,256 SF

      107 Forrest Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,256 SF
      107 Forrest Ave, Narberth, PA 19072-2219
      View Details
    • Value Estimation
      $285,000
      2,547 SF

      259 Iona Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,547 SF
      259 Iona Ave, Narberth, PA 19072-2048
      View Details
    • Value Estimation
      $555,000
      9,274 SF

      1073 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,274 SF
      1073 Montgomery Ave, Penn Valley, PA 19072-1605
      View Details
    • Value Estimation
      $495,000
      4,800 SF

      707 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      707 Montgomery Ave, Penn Valley, PA 19072-2011
      View Details
    • Value Estimation
      $825,000
      4,023 SF

      610 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,023 SF
      610 Montgomery Ave, Narberth, PA 19072-2010
      View Details
    • Value Estimation
      $570,000
      4,736 SF

      737 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,736 SF
      737 Montgomery Ave, Penn Valley, PA 19072-2011
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.03 Acres

      234 Woodbine Ave, Narberth, PA 19072

      Office Properties & Spaces • 0.03 Acres
      234 Woodbine Ave, Narberth, PA 19072
      View Details
    • $740,000
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      Main Line Duplex Opportunity

      Classic duplex in Narberth with rental or single-family potential.
      216 N Narberth Ave, Narberth, PA 19072
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    • New
      $2,995,000
      4,830 SF

      PENN VALLEY New Construction Residence

      Stately 5-bedroom, 6-bathroom residence with high-end finishes.
      340 Hidden River Rd, Penn Valley, PA 19072
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    • Contact for pricing
      0.03 Acres

      236 Woodbine Ave, Narberth, PA 19072

      Commercial real estate • 0.03 Acres
      236 Woodbine Ave, Narberth, PA 19072
      View Details
    • $1,725,000
      0.31 Acres

      Narberth Office Portfolio Opportunity

      Two well-maintained office properties in Narberth, PA, totaling 8,100+ SF.
      301 Woodbine Ave, Narberth, PA 19072
      View Details
    • Contact for pricing
      0.04 Acres

      Narberth Restaurant Space - Turnkey Opportunity

      Prime Narberth location, 1200 sq ft, outdoor seating.
      232 Woodbine Ave, Narberth, PA 19072
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      10,000 SF

      Haverford Ave Office Suites

      Narberth, PA: Prime Office Space Available
      260 Haverford Ave, Narberth, PA 19072
      View Details
    • $32 SF/Yr
      26,000 SF

      915 Montgomery Ave Office Space

      Prime Penn Valley Office Suites, 550-750 SF
      915 Montgomery Ave, Penn Valley, PA 19072
      View Details
    • $25 SF/Yr
      19,816 SF

      Narberth Office Space Available

      Four historic buildings, flexible suites.
      105 Forrest Ave, Narberth, PA 19072
      View Details
    • $28 SF/Yr
      10,580 SF

      Narberth Office Building For Sale

      Prime Main Line Office Space Available
      632 Montgomery Ave, Narberth, PA 19072
      View Details
    • $21 SF/Yr
      37,462 SF

      Narberth Office Space For Lease

      Second floor office space in well-maintained elevator building.
      711 Montgomery Ave Unit Suite 4, Narberth, PA 19072
      View Details
    • $50 SF/Yr
      986 SF

      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
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    Realmo Value Estimation

    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.

    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.

    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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