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Property profile & analytics

132 Bellevue Ave Penndel, PA 19047-5256

  • Retail space
  • 1,260 SF
  • 0.06 lot acres
OFF-MARKET
Value Estimations
$300,000
Show details
Cap Rate Potential
6.2%
Retail space
Location Intelligence
Property ID
US73-1135815
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

  • Retail space

Property Details for 132 Bellevue Ave

Year built
1971
Lot size
0.06 lot acres
Property size
1,260 SF
Zone code
RC
Property type
Retail space
APN
32-005-029
APU
32005029

Description

This exceptional mixed-use property in Penndel, Pennsylvania, presents a lucrative investment opportunity. The offering encompasses two adjacent parcels, 132 Bellevue Avenue (Tax ID #32-005-029) and 136 Bellevue Avenue (Tax ID #32-003-153), totaling 0.06 acres. The property boasts two street-level retail spaces, ideal for a variety of businesses, providing immediate income potential. Above the retail units are two separate two-bedroom apartments, offering additional rental income streams. The property includes convenient off-street parking for tenants and customers, along with a single-car garage. This versatile property is well-suited for both owner-occupancy and passive income generation. The strategic location in Penndel ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The combined retail and residential components offer a balanced and diversified investment portfolio, minimizing risk and maximizing returns. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The property's size and configuration provide flexibility for future expansion or redevelopment, allowing for significant long-term growth potential. The asking price is $1,290,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $305,000
    6.5%
    $280,000
    7%
    $260,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $338,000
    Market price range: $138k - $388k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $250,000
    Current use
    MEDICAL BUILDING
    $310,000
    Change: +25% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $300,000
    Change: +21% Conversion: Easy
    AUTO REPAIR, GARAGE
    $295,000
    Change: +17% Conversion: Difficult
    OFFICE BUILDING
    $240,000
    Change: -3% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $230,000
    Change: -9% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Penndel
County
Bucks
State
Pennsylvania
Longitude
-74.9123
Latitude
40.1581
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
$5,721
$3,920
$21,680
$25,600
-
$53,698
$296,985
$350,683
More about this property
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