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    Property profile & analytics

    123 Bloomingdale Ave Wayne, PA 19087-4056

    • Office buildings
    • 6,382 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $2,195,000
    Last Sale
    Mar 03, 2025
    $2,400,000
    Location Intelligence
    Property ID
    US73-1373918
    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

    • Dr. Kenneth E. Morgenstern, MD / Ophthalmologist
    • Morgenstern Center for Orbital and Facial Plastic Surgery / Surgeon / Plastic Surgery Clinic
    • Leidy David S DDS / Dentist
    • SGM Physician Research Consortium / Medical Clinic
    • Hershman Eric / Insurance Agency

    Property Details for 123 Bloomingdale Ave

    Year built
    1895
    Lot size
    0.89 lot acres
    Property size
    6,382 SF
    Property type
    Office buildings
    APN
    36-06-03290-00
    APU
    36060329000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,170,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,365,000
      6.5%
      $2,275,000
      7%
      $2,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,175,000
      Geo Method
      $2,660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,200,000
      Retail
      $2,145,000
      Mixed-Use
      $1,880,000
      Hospitality
      $1,900,000
      Educational
      $1,885,000
      Residential Income
      $2,010,000
      Energy
      $2,395,000
      Income-Based Land
      $2,605,000
      Food Service
      $2,355,000

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3917
    Latitude
    40.043
    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
    2024
    $34,507
    $305,760
    $1,400,970
    $1,706,730
    -
    $0.00
    $0.00
    $1,706,730

    Comparable in this City

    • Value Estimation by Request
      21,581 SF

      320 King Of Prussia Rd

      OFFICE BUILDING • 21,581 SF
      320 King Of Prussia Rd, Radnor, PA 19087-4440
      View Details
    • Value Estimation by Request
      512,448 SF

      130 Radnor Chester Rd, Unit 170

      OFFICE BUILDING • 512,448 SF
      130 Radnor Chester Rd, Wayne, PA 19087-5221
      View Details
    • Value Estimation by Request
      275,513 SF

      201 King Of Prussia Rd

      OFFICE BUILDING • 275,513 SF
      201 King Of Prussia Rd, Radnor, PA 19087-5147
      View Details
    • Value Estimation
      $770,000
      3,460 SF

      939 Radnor Rd

      OFFICE BUILDING • 3,460 SF
      939 Radnor Rd, Wayne, PA 19087-2701
      View Details
    • Value Estimation by Request
      8,089 SF

      115 Bloomingdale Ave

      OFFICE BUILDING • 8,089 SF
      115 Bloomingdale Ave, Wayne, PA 19087-4030
      View Details
    • Value Estimation by Request
      10,656 SF

      130 Lancaster Ave

      OFFICE BUILDING • 10,656 SF
      130 Lancaster Ave, Wayne, PA 19087-4031
      View Details

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      0.62 Acres

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    Similar Nearby for Lease

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      Office space available for lease in Chesterbrook, Pennsylvania.
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    Wayne, PA 19087-4056
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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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