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    Property profile & analytics

    116 Main St North Wales, PA 19454-2843

    • Investment properties
    • 3,901 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US73-0212804
    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

    • Gregg Family Eye Care - North Wales / Optometrist / Contact Lenses Supplier
    • Varner Jeffrey L / Optometrist / Optician

    Property Details for 116 Main St

    Year built
    1880
    Lot size
    0.22 lot acres
    Property size
    3,901 SF
    Zone code
    OR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    14-00-01196-00-5
    APU
    140001196005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $235,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $190,000
      Mixed-Use
      $220,000
      Hospitality
      $235,000
      Educational
      $210,000
      Residential Income
      $220,000
      Energy
      $215,000
      Income-Based Land
      $215,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2777
    Latitude
    40.2104
    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
    $5,406
    $73,720
    $58,720
    $132,440
    -
    $73,720
    $58,720
    $132,440

    Comparable in this City

    • Value Estimation by Request
      2,172 SF

      101 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,172 SF
      101 Main St, North Wales, PA 19454-3114
      View Details
    • Value Estimation by Request
      6,240 SF

      128 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,240 SF
      128 Main St, North Wales, PA 19454-3115
      View Details
    • Value Estimation
      $975,000
      9,205 SF

      101 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,205 SF
      101 Main St, North Wales, PA 19454-2832
      View Details
    • Value Estimation
      $305,000
      3,900 SF

      114 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,900 SF
      114 Main St, North Wales, PA 19454-3115
      View Details
    • Value Estimation
      $265,000
      5,088 SF

      121 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,088 SF
      121 Main St, North Wales, PA 19454-3114
      View Details
    • Value Estimation
      $315,000
      6,860 SF

      107 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,860 SF
      107 Main St, North Wales, PA 19454-2832
      View Details

    Similar Nearby for Sale

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      Spacious Home on Picturesque Lot

      Captivating 4BR home on a 0.95-acre lot with pool.
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    • $1,995,000
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      Three buildings, 28,414 sq ft, ideal for owner-user or investor.
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    • $1,350,000
      1.88 Acres

      Land in Wissahickon School District

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    Similar Nearby for Lease

    • Contact for pricing
      20,267 SF

      Lansdale Office Space: 1800 Pennbrook Pkwy

      Class A Office Suites Available in North Wales, PA
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      View Details
    • Contact for pricing
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      General Hancock Retail Space Available

      Prime North Wales retail space, 1600 sq ft.
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      View Details
    • Contact for pricing
      254,432 SF

      Montgomery Square Retail Center

      Giant-Anchored Strip Mall, Prime Location
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      View Details
    • Contact for pricing
      254,432 SF

      Montgomery Square Retail Center

      Prime Retail Space Available in North Wales, PA
      0 Knapp Rd. & Rte 202, North Wales, PA 19454
      View Details
    • Contact for pricing
      2,784 SF

      Prime Office Space Available

      Office space with convenient access to major routes.
      909 Sumneytown Pike, Spring House, PA 19454
      View Details
    • Contact for pricing
      23,200 SF

      Class A Headquarters Building

      Three-story office building with amenity center and furnished offices.
      2100 Pennbrook Pkwy, North Wales, PA 19454
      View Details
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    116 Main St
    North Wales, PA 19454-2843
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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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