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    Property profile & analytics

    105 Forrest Ave Narberth, PA 19072

    • Investment properties
    • 6,750 SF
    • 0.06 lot acres
    For Lease
    View listing
    $25 SF/Yr
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US73-0302064
    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 105 Forrest Ave

    Year built
    1925
    Lot size
    0.06 lot acres
    Property size
    6,750 SF
    Zone code
    C
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    12-00-01312-00-8
    APU
    120001312008

    Description

    This exceptional office property, located at 105-113 Forrest Avenue in Narberth, Pennsylvania (Montgomery County, zip code 19072), offers a unique opportunity for businesses seeking flexible and charming office space. The property comprises four historic buildings, totaling 19,816 square feet, converted into a variety of office suites. Currently, there are 2,662 square feet of vacant space available, divisible into units ranging from a minimum of 274 square feet to a maximum contiguous space of 2,250 square feet. The buildings are two stories high and classified as Class B. The property provides ample parking with 26 spaces available for tenants. While elevators are not present, the buildings are easily accessible. The location is highly desirable, situated on Forrest Avenue, with convenient access to Haverford Avenue. The property's unique character and flexible space options make it ideal for a range of businesses, from traditional offices to creative or medical practices, and executive suites. Its prime location in Narberth Borough, on the Main Line, offers easy access to Philadelphia and surrounding areas, making it an attractive option for businesses serving the Main Line community. The individual suites offer unique layouts and sizes, catering to diverse business needs.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $375,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $410,000
      Mixed-Use
      $385,000
      Hospitality
      $425,000
      Educational
      $335,000
      Residential Income
      $415,000
      Energy
      $380,000
      Income-Based Land
      $390,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Narberth
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.261
    Latitude
    40.0058
    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
    $13,521
    $134,130
    $150,890
    $285,020
    -
    $134,130
    $150,890
    $285,020

    Comparable in this City

    • Value Estimation by Request
      24,546 SF

      719 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 24,546 SF
      719 Montgomery Ave, Penn Valley, PA 19072-2011
      View Details
    • Value Estimation
      $1,370,000
      3,755 SF

      727 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,755 SF
      727 Montgomery Ave, Penn Valley, PA 19072-2011
      View Details
    • Value Estimation
      $1,405,000
      1,250 SF

      731 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,250 SF
      731 Montgomery Ave, Penn Valley, PA 19072-2011
      View Details
    • Value Estimation
      $255,000
      2,348 SF

      920 Montgomery Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,348 SF
      920 Montgomery Ave, Penn Valley, PA 19072-1913
      View Details
    • Value Estimation
      $885,000
      3,870 SF

      103 Narberth Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,870 SF
      103 Narberth Ave, Narberth, PA 19072-1980
      View Details
    • Value Estimation
      $335,000
      8,652 SF

      222 Haverford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 8,652 SF
      222 Haverford Ave, Narberth, PA 19072-2352
      View Details

    Similar Nearby for Sale

    • 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
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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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      Penn Valley Condo with Upgrades

      First-floor condo near lobby with updated kitchen and amenities.
      1637 Oakwood Dr, Penn Valley, PA 19072
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    • 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
      2,598 SF

      Main Line Duplex Opportunity

      Classic duplex in Narberth with rental or single-family potential.
      216 N Narberth Ave, Narberth, PA 19072
      View Details
    • 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

    Similar Nearby for Lease

    • $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
    • $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
    • $30 SF/Yr
      10,000 SF

      Haverford Ave Office Suites

      Narberth, PA: Prime Office Space Available
      260 Haverford Ave, Narberth, 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
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    105 Forrest Ave
    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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