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    1600 N Bethlehem Pike Ambler, PA 19002
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    1600 N Bethlehem Pike Ambler, PA 19002

    View on Map
    • Office buildings
    • 24,677 SF
    • 2.54 lot acres
    For Lease
    $21 SF/Yr
    View Listing →
    Well-Maintained Office Complex For Rent For Lease
    $21 SF/Yr
    3,761 SF

    Well-Maintained Office Complex For Rent

    Office complex with professional and medical tenants in desirable location.

    1600 N Bethlehem Pike, Ambler, PA
    View Listing
    Property ID
    US73-2633564
    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

    • Office buildings

    Property Details for 1600 N Bethlehem Pike

    Year built
    2008
    Lot size
    2.54 lot acres
    Property size
    24,677 SF
    Zone code
    PO
    Property type
    Office buildings
    APN
    39-00-00289-00-5
    APU
    390000289005

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,219,000
      Market price range: $2.33M - $6.22M
      AI Estimate
      $2,997,000
      Market price range: $1.05M - $3.03M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,040,000
      Current use
      AUTO REPAIR, GARAGE
      $7,295,000
      Change: +81% Conversion: Difficult
      RETAIL STORES
      $6,645,000
      Change: +65% Conversion: Moderate
      MEDICAL BUILDING
      $3,890,000
      Change: -4% Conversion: Easy
      RESTAURANT
      $3,465,000
      Change: -14% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $3,430,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ambler
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2238
    Latitude
    40.2047
    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
    $60,081
    $0.00
    $0.00
    $2,017,760
    -
    $0.00
    $0.00
    $2,017,760

    Comparable in this City

    • Value Estimation
      $14,190,000
      77,559 SF

      Business Ctr Dr

      OFFICE BUILDING • 77,559 SF
      Business Ctr Dr, Ambler, PA 19002
      View Details
    • Value Estimation
      $1,085,000
      15,857 SF

      254 Main St

      PROFESSIONAL BUILDING • 15,857 SF
      254 Main St, Ambler, PA 19002-4806
      View Details
    • Value Estimation
      $1,260,000
      12,200 SF

      951 Penllyn Pike

      OFFICE BUILDING (MULTI-STORY) • 12,200 SF
      951 Penllyn Pike, Lower Gwynedd, PA 19002
      View Details
    • Value Estimation
      $7,310,000
      18,678 SF

      714 Bethlehem Pike

      OFFICE BUILDING • 18,678 SF
      714 Bethlehem Pike, Lower Gwynedd, PA 19002-2655
      View Details
    • Value Estimation
      $1,655,000
      30,792 SF

      124 Maple Way

      OFFICE BUILDING • 30,792 SF
      124 Maple Way, Ambler, PA 19002-5527
      View Details
    • Value Estimation
      $1,710,000
      11,150 SF

      904 Sheble Ln

      OFFICE BUILDING (MULTI-STORY) • 11,150 SF
      904 Sheble Ln, Ambler, PA 19002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.84 Acres

      Ambler Office Space for Lease

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      24.47 Acres

      Ambler Office Space: Flexible Lease Options

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      0.21 Acres

      Ambler Office Space: Prime Location

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      1.27 Acres

      Ambler Office Space Available Now

      Modern Office Building, Flexible Suites
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      24.47 Acres

      Ambler Truck & Car Parking Lot

      Secure Truck/Car Parking in Ambler, PA
      Truck And Trailer Parking Brookside Ave, Ambler, PA 19002
      View Details
    • $1,500,000
      0.91 Acres

      220 Chestnut St, Ambler, PA 19002

      Industrial properties • 0.91 Acres
      220 Chestnut St, Ambler, PA 19002
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      2,632 SF

      Ambler Office Space For Rent

      Office space in the heart of Ambler, PA, available for rent.
      71-79 E Butler Ave, Ambler, PA 19002
      View Details
    • Contact for pricing
      1,315 SF

      Spring House Office Space Available

      Office space available for rent in Spring House, Pennsylvania.
      1017 N Bethlehem Pike, Spring House, PA 19002
      View Details
    • Contact for pricing
      2,632 SF

      Ambler Office Space Available

      Office space available for lease in Ambler, Pennsylvania.
      77 E Butler Ave, Ambler, PA 19002
      View Details
    • Contact for pricing
      3,761 SF

      Well-Maintained Office Complex For Rent

      Office complex with professional and medical tenants in desirable location.
      1600 N Bethlehem Pike, Ambler, PA 19002
      View Details
    • Contact for pricing
      1,315 SF

      Office Space for Rent

      Office space available for lease until December 31, 2027.
      1017 N Bethlehem Pike, Lower Gwynedd, PA 19002
      View Details
    • Contact for pricing

      Renovated Office Spaces Available

      Recently renovated office spaces available for lease.
      124 S Maple Ave, Ambler, PA 19002
      View Details
    View Listing
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    Ambler, PA 19002
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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.

    More about this property
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