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Property profile

115 W Montgomery Ave North Wales, PA 19454

FOR LEASE
Other investment properties
Property ID
US73-0756255
7,272 SF 0.27 ac lot Built 1992
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story retail/office building totaling 7,272 square feet, configured into eight separate, independently leaseable units. The second floor provides office suite space that is elevator-ready, with each suite available in its own configuration, and the building also includes office space with a kitchen. The property is supported by an on-site 20-space parking lot and sits on a 0.27-acre (11,761-square-foot) site. It is zoned OR—Office Residential, which allows for most commercial uses. Exterior improvements include a roof and stucco installation completed in 2019.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$299k
Assessed land$82k
Assessed improvement$216k
Effective rate4.08%

Value estimate

· Oct 2026
$325k
$293k – $358k
Submarket $/SF estimate$847k
NOI build-up
Gross scheduled income$131k
Vacancy & credit loss−$5k
Operating expenses−$38k
NOI · 8,572.17% cap applied$88k

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
County average, outlier-cleaned · 1037 recorded sales of this use type
Observed band · Q1–Q3$67 – $155
Qualifying comparables25

Cap rate analysis

How does the asset earn?
8,572.17%
$88k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OR
Removal of unsafe, unlawful, or abandoned signs. § 208-93 Permits and applications. § 208-94 Nonconforming signs. § 208-95 Signs on the p...
General categoryRESIDENTIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.5
Convenience Store9.4
Nail Salon9.4

Location

115 W Montgomery Ave North Wales, PA 19454
County assessor Recorded deeds · not on file 25 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
136 Main, North Wales, PA 19454-2863 $565,000 Sep 2024 5,448 SF
101 Main, North Wales, PA 19454-2832 $975,000 Jan 2024 9,205 SF
122 Main, North Wales, PA 19454-2833 $300,000 Jul 2022 5,811 SF
309 Sumneytown, North Wales, PA 19454-2505 $755,000 May 2022 5,208 SF
112 Main, North Wales, PA 19454-2841 $555,000 Jul 2021 5,530 SF
214 Main, North Wales, PA 19454-3117 $375,000 Jul 2019 4,305 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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