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    Property profile & analytics

    1600 Main St Collegeville, PA 19426-2714

    • Day care centers
    • 10,000 SF
    • 1.26 lot acres
    OFF-MARKET
    Last Sale
    Sep 01, 2022
    $2,456,770
    Value Estimations
    $2,470,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2603436
    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

    • Children of America Trappe / High School / Daycare Center

    Property Details for 1600 Main St

    Year built
    2008
    Lot size
    1.26 lot acres
    Property size
    10,000 SF
    Zone code
    NC
    Property type
    Day care centers
    APN
    61-00-03484-00-1
    APU
    610003484001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,545,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,498,000
      Market price range: $948k - $2.50M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $1,890,000
      Current use
      AUTO REPAIR, GARAGE
      $2,955,000
      Change: +57% Conversion: Difficult
      RETAIL STORES
      $2,695,000
      Change: +43% Conversion: Difficult
      OFFICE BUILDING
      $1,635,000
      Change: -13% Conversion: Difficult
      MEDICAL BUILDING
      $1,575,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Collegeville
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4882
    Latitude
    40.2062
    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
    $37,128
    $0.00
    $0.00
    $962,990
    -
    $0.00
    $0.00
    $962,990

    Comparable in this City

    • Value Estimation
      $720,000
      6,828 SF

      955 Main St

      DAY CARE, PRE-SCHOOL • 6,828 SF
      955 Main St, Collegeville, PA 19426-2403
      View Details
    • Value Estimation
      $550,000
      7,000 SF

      115 2nd Ave

      DAY CARE, PRE-SCHOOL • 7,000 SF
      115 2nd Ave, Collegeville, PA 19426-2608
      View Details
    • Value Estimation
      $720,000
      10,000 SF

      2 Iron Brg Dr

      DAY CARE, PRE-SCHOOL • 10,000 SF
      2 Iron Brg Dr, Collegeville, PA 19426-2045
      View Details
    • Value Estimation
      $730,000
      10,452 SF

      301 Wartman Rd

      DAY CARE, PRE-SCHOOL • 10,452 SF
      301 Wartman Rd, Collegeville, PA 19426-1724
      View Details
    • Value Estimation
      $2,775,000
      16,040 SF

      100 Campus Dr

      DAY CARE, PRE-SCHOOL • 16,040 SF
      100 Campus Dr, Collegeville, PA 19426-3937
      View Details
    • Value Estimation
      $1,435,000
      8,288 SF

      3471 Arcola Rd

      DAY CARE, PRE-SCHOOL • 8,288 SF
      3471 Arcola Rd, Collegeville, PA 19426-3464
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.46 Acres

      Collegeville Office Suites - Immediate Lease

      Prime Office Space, Abundant Parking, Excellent Location
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      6.51 Acres

      Prime Collegeville Office Land

      6.51 Acres, Excellent Location
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      Prime Collegeville Office Space

      2000 SF Office, Ideal Location, Immediate Occupancy
      555 2Nd Ave, Collegeville, PA 19426
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    • $2,850,000
      10,580 SF

      Perkiomen Creek Village Multifamily Investment

      Multifamily property with 12 units on 2.81 acres.
      530 Gravel Pike, Collegeville, PA 19426
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    • Contact for pricing
      0.06 Acres

      Trappe, PA Office Building For Sale

      Prime Commercial Building, High Visibility, 8,442 SF
      350 Main St, Trappe, PA 19426
      View Details
    • $850,000
      0.86 Acres

      Commercial/Industrial Opportunity in Trappe, PA

      Highly visible commercial property suitable for various professional uses.
      123 W Main St, Collegeville, PA 19426
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      8,000 SF

      Collegeville Daycare Build-to-Suit

      8,000 SF Daycare, Collegeville, PA
      50 3Rd Ave, Collegeville, PA 19426
      View Details
    • Contact for pricing

      Retail Pad Sites For Lease

      Multiple pad sites available within a large mixed-use development.
      S Collegeville Rd And Arcola Rd, Collegeville, PA 19426
      View Details
    • $18 SF/Yr
      3,920 SF

      Collegeville Retail Space Available

      Two retail spaces, prime Collegeville location.
      201 2Nd Ave, Collegeville, PA 19426
      View Details
    • $12 SF/Yr
      30,000 SF

      Retail Space Available For Lease

      30000 square feet retail property for lease.
      841 Gravel Pike, Collegeville, PA 19426
      View Details
    • Contact for pricing
      2,178 SF

      Premium Office Space Available

      High-quality office space with superior features and convenient location.
      100 Springhouse Dr, Collegeville, PA 19426
      View Details
    • $16,900 /Mo

      Gated Storage with Shop/Office

      4.5-acre gated storage with 1600 SF shop/office near 422.
      3938 Ridge Pike, Collegeville, PA 19426
      View Details
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    1600 Main St
    Collegeville, PA 19426-2714
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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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