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    1408 Plymouth Blvd Plymouth Meeting, PA 19462
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    1408 Plymouth Blvd, Plymouth Meeting, PA 19462

    View on Map
    • Day care centers
    • 13,994 SF
    • 1.16 lot acres
    For Lease
    View Listing →
    Former Early Education School Building For Lease
    Contact for pricing

    Former Early Education School Building

    Former early education school building available for rent.

    1408 Plymouth Boulevard, Plymouth Meeting, PA 19462
    View Listing
    Property ID
    US73-0188692
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 1408 Plymouth Blvd

    Year built
    1830
    Lot size
    1.16 lot acres
    Zone code
    AR
    Property type
    Day care centers
    APN
    49-00-09121-00-1
    APU
    490009121001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 16, 2020 — Pilestone Plaza LLC — Deed · related $300k · Parke Bk
    Oct 13, 2020 $400,000 Pilestone Plaza LLC Tot-time Child Dev Ctrs INC Grant Deed —
    Jan 25, 2012 — Tot Time Child Development Centers Tot Time Child Development Center Deed —
    Mar 25, 2004 — First Nat Bk & T Co Ne Wtown Tot Time Child Devtrs INC Grant Deed · related —
    Jul 18, 1997 $407,000 Tot Time Development Center Stone,george F & Karen M Grant Deed $375k · Meridian Bank
    — — Tot-time Child Dev Centers INC — Deed Of Trust · related —
    — — Tot Time Child Development Ctr — Deed Of Trust · related $150k · Premier Bank
    — — Time Child Development Ce Tot — Deed Of Trust · related $300k · Premier Bank
    — — Tot Time Child Development Ctr — Deed Of Trust · related $580k · Premier Bank
    — — Pilestone Plaza LLC — Deed Of Trust · related $300k · Parke Bk
    — — Pilestone Plaza LLC — Deed Of Trust · related $300k · Parke Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth Meeting
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3201
    Latitude
    40.1163
    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
    $6,949
    $60,510
    $151,190
    $211,700
    -
    $60,510
    $151,190
    $211,700

    Comparable in this City

    • Value Estimation
      $1,740,000
      10,062 SF

      451 Germantown Pike, Unit 5

      DAY CARE, PRE-SCHOOL
      451 Germantown Pike, Plymouth Meeting, PA 19462-1301
      View Details
    • Value Estimation
      $2,210,000
      8,229 SF

      2914 Walton Rd

      DAY CARE, PRE-SCHOOL
      2914 Walton Rd, Plymouth Meeting, PA 19462-2319
      View Details
    • Value Estimation by Request
      6,400 SF

      3037 Walton Rd

      DAY CARE, PRE-SCHOOL
      3037 Walton Rd, Plymouth Meeting, PA 19462-2344
      View Details
    • Value Estimation
      $1,455,000
      8,607 SF

      3025 Walton Rd

      DAY CARE, PRE-SCHOOL
      3025 Walton Rd, Plymouth Meeting, PA 19462-2344
      View Details
    • Value Estimation
      $2,670,000
      26,878 SF

      2303 Hickory Rd

      VETERINARY, ANIMAL HOSPITAL
      2303 Hickory Rd, Plymouth Meeting, PA 19462-1005
      View Details
    • Value Estimation
      $13,970,000
      81,348 SF

      5200 Butler Pike

      CHARITABLE ORGANIZATION
      5200 Butler Pike, Plymouth Meeting, PA 19462-1203
      View Details

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      PLYMOUTH MEETING Office For Sale

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      Liquor License Included

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      Income-Generating Duplex with Garages

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      Retail Space Near Plymouth Meeting

      Retail space available near Plymouth Meeting Mall with redevelopment potential.
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      29.80 Acres Development Site

      29.80-acre site with easy highway access near Whitemarsh Business Center.
      453 Stenton Ave, Plymouth Meeting, PA 19462
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    Similar Nearby for Lease

    • Contact for pricing

      Former Early Education School Building

      Former early education school building available for rent.
      1408 Plymouth Blvd, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing

      Plymouth Meeting Office Space

      2,332 SF office space available for lease.
      3031 Walton Rd, Plymouth Meeting, PA 19462
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    • Contact for pricing
      24,625 SF

      Class A Suburban Office Building

      Class A office space in a sought-after suburban market.
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      89,878 SF

      Plymouth Meeting Office Space Available

      Office building with 89,878 square feet available for rent.
      660 W Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      9,000 SF

      Plymouth Meeting Warehouse/Flex Space

      9,000 SF warehouse/flex space available for lease.
      1850 N Gravers Rd, Plymouth Meeting, PA 19462
      View Details
    View Listing
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    Plymouth Meeting, PA 19462
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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