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Property profile & analytics
FOR LEASE
Office buildings
1600 N Bethlehem Pike Ambler, PA 19002
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-2633564
For Lease
1 / 2
Contact for pricing
1600 N Bethlehem Pike, Ambler, PA 19002
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
24,677 SF
Lot
2.54 ac (110,642 SF)
Zoning code
PO
APN
39-00-00289-00-5
UPID
US73-2633564
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.22M
Blend (final)
Blend
$4.61M
Owner & transaction history
Gwynedd Gate Ltd · 19 yrs held
Gwynedd Gate Ltd
since 2006
7 recorded transactions
Zoning & alternative use
PO · Ambler, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Chapter27
Top alternative use upside
Auto repair, garage
$7.3M
+80.6%
Retail stores
$6.6M
+64.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ambler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ambler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
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
Blend value · Realmo final
$4.61M
Range $4.15M – $5.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$187 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$60,081
Tax year 2023
Assessed value
$2,017,760
Assessed 2024
Previous assessed
$2,017,760
+0.0% YoY
Effective rate
2.98%
On assessed value
Total market value
$2,017,760
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2008
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Rooms
7
Bathrooms
1
Total area
24,677 SF
Lot
2.54 ac (110,642 SF)
Zoning code
PO
APN
39-00-00289-00-5
UPID
US73-2633564
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PO · Ambler, PAZoning PO · permitted uses
PO · Ambler, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter27
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$7.3M
RETAIL STORES
Est. value
$6.6M
MEDICAL BUILDING
Est. value
$3.9M
RESTAURANT
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
7
Bathrooms
1
Lot
2.54 ac
Current owner
From public records · entity-resolved
Gwynedd Gate Ltd
Individual
Mailing address
8080 OLD YORK RD STE #215, ELKINS PARK, PA 19027-1426
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2007
—
Gwynedd Gate Ltd
—
Deed Of Trust
related
$5,280,000 · Beneficial Mutual Savings
Dec 21, 2006
—
Gwynedd Gate Ltd
Gwynedd Gate Ltd
Quit Claim Deed
related
—
Nov 13, 2002
$640,000
Gwynedd Gate Ltd
Held,robert F & Evelyn F
Grant Deed
$300,000 · First Service Bank
—
—
Robert F Held
—
Deed Of Trust
related
$100,000 · Willow Grove Bank
—
—
Robert F Held
—
Deed Of Trust
related
$50,000 · Harleysville Nat'l Bank & Trus
—
—
Gwynedd Gate Ltd
—
Deed Of Trust
related
$150,000 · First Service Bank
—
—
Robert F Held
—
Deed Of Trust
related
$200,000 · Willow Grove Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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