Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1615 Limekiln Pike Dresher, PA 19025-1053

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1615 Limekiln Pike Dresher, PA 19025-1053

    View on Map
    • Medical Office Space
    • 7,472 SF
    • 1.03 lot acres
    Off-Market
    Last Sale Oct 21, 2021
    $843,900
    Property ID
    US73-2741823
    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
    $920,000
    Show details
    Cap Rate Potential
    9.9%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Anju M Bieler, DO / Pediatrician / Medical Clinic
    • Lynn Garvin Dever, MD / Pediatrician / Medical Clinic
    • Leigh S Roberts, MD / Pediatrician / Medical Clinic
    • Kavita Gupta-Shah, MD / Pediatrician / Medical Clinic
    • Pamela Naval-Blyden, MD / Pediatrician / Medical Clinic

    Property Details for 1615 Limekiln Pike

    Year built
    1980
    Lot size
    1.03 lot acres
    Property size
    7,472 SF
    Zone code
    A
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    54-00-10300-04-1
    APU
    540010300041

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,090,000
      ML approach
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $759,000
      Market price range: $536k - $1.50M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,180,000
      Current use
      OFFICE BUILDING
      $1,225,000
      Change: +4% Conversion: Easy
      RESTAURANT
      $1,050,000
      Change: -11% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,040,000
      Change: -12% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $975,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Dresher
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.17
    Latitude
    40.1471
    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
    $17,522
    $62,970
    $296,330
    $359,300
    -
    $62,970
    $296,330
    $359,300

    Comparable in this City

    • Value Estimation by Request
      8,400 SF

      830 Twining Rd

      Medical Office Space • 8,400 SF
      830 Twining Rd, Dresher, PA 19025
      View Details
    • Value Estimation
      $6,330,000
      58,276 SF

      1650 Susquehanna Rd

      HOMES (RETIRED, NURSING) • 58,276 SF
      1650 Susquehanna Rd, Dresher, PA 19025-1019
      View Details
    • Value Estimation
      $7,045,000
      71,899 SF

      1405 Limekiln Pike

      HOMES (RETIRED, NURSING) • 71,899 SF
      1405 Limekiln Pike, Dresher, PA 19025-1000
      View Details
    • Value Estimation
      $9,500,000
      34,581 SF

      1424 Dreshertown Rd

      HOMES (RETIRED, NURSING) • 34,581 SF
      1424 Dreshertown Rd, Dresher, PA 19025-1101
      View Details
    • Value Estimation
      $1,045,000
      8,200 SF

      1668 Susquehanna Rd, Unit 1

      CONDOMINIUM OFFICES • 8,200 SF
      1668 Susquehanna Rd, Dresher, PA 19025-1073
      View Details
    • Value Estimation
      $3,460,000
      14,922 SF

      2 Susquehanna Rd

      CONDOMINIUM OFFICES • 14,922 SF
      2 Susquehanna Rd, Dresher, PA 19025
      View Details

    Similar Nearby for Sale

    • $799,000
      2.23 Acres

      Dresher Farmhouse with Developable Lots

      Farmhouse with two developable lots in Upper Dublin School District.
      1525 Limekiln Pike, Dresher, PA 19025
      View Details
    • Contact for pricing

      Mixed-Use Community Retail Space

      Retail space in a mixed-use community with luxury apartments.
      Welsh Rd And Dreshertown Rd, Upper Dublin, PA 19025
      View Details
    • Contact for pricing

      Retail Property For Sale

      Retail property available for sale in Dresher, Pennsylvania.
      1165 Limeklin Pike, Dresher, PA 19025
      View Details
    • $1,250,000
      1.20 Acres

      Historic Schoolhouse in Upper Dublin

      Licensed schoolhouse with playground and pool in Upper Dublin.
      1465 N Limekiln Pike, Dresher, PA 19025
      View Details
    • Contact for pricing
      22,000 SF

      Dresher Automotive Service and Sales

      22,000 SF service facility with 2,500 SF sales office.
      1401 Dreshertown Rd, Dresher, PA 19025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Dresher Medical/Traditional Office Space

      Medical and traditional office spaces available for lease.
      840 Twining Rd, Dresher, PA 19025
      View Details
    • Contact for pricing
      922 SF

      Renovated Office Space Available

      Recently renovated office building in a thriving community.
      715 Twining Rd, Dresher, PA 19025
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space in Grocery Anchored Center

      Retail space in desirable, grocery-anchored neighborhood center.
      1650 Limekiln Pike, Dresher, PA 19025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1615 Limekiln Pike
    Dresher, PA 19025-1053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1615 Limekiln Pike, Dresher, PA, 19025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!