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

    1642 Butler Pike Conshohocken, PA 19428-1227

    • Investment properties
    • 9,680 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimations
    $1,530,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0891658
    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

    • conshohoken pizza / Restaurant
    • conshohocken pizza / Restaurant
    • Serenity Nail Bar and Day Spa / Nail Salon

    Property Details for 1642 Butler Pike

    Year built
    1989
    Lot size
    0.64 lot acres
    Property size
    9,680 SF
    Zone code
    SC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    49-00-01467-00-5
    APU
    490001467005

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,961,000
      Market price range: $1.08M - $1.96M
      AI Estimate
      $1,100,000
      Market price range: $541k - $1.20M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,550,000
      Current use
      OFFICE BUILDING
      $1,585,000
      Change: +2% Conversion: Easy
      MEDICAL BUILDING
      $1,525,000
      Change: -1% Conversion: Easy
      RESTAURANT
      $1,360,000
      Change: -12% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,345,000
      Change: -13% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,260,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Conshohocken
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2926
    Latitude
    40.0884
    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
    $16,473
    $0.00
    $0.00
    $501,960
    -
    $0.00
    $0.00
    $501,960

    Comparable in this City

    • Value Estimation by Request
      3,674 SF

      822 Fayette St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,674 SF
      822 Fayette St, Conshohocken, PA 19428-1709
      View Details
    • Value Estimation by Request
      3,560 SF

      3030 Butler Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 3,560 SF
      3030 Butler Pike, Conshohocken, PA 19428-2195
      View Details
    • Value Estimation
      $875,000
      5,064 SF

      1201 Hector St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,064 SF
      1201 Hector St, Conshohocken, PA 19428-2369
      View Details
    • Value Estimation by Request
      4,588 SF

      522 Wls St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,588 SF
      522 Wls St, Conshohocken, PA 19428
      View Details
    • Value Estimation by Request
      3,982 SF

      119 1st Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,982 SF
      119 1st Ave, Conshohocken, PA 19428-4109
      View Details
    • Value Estimation by Request
      3,348 SF

      16 4th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,348 SF
      16 4th Ave, Conshohocken, PA 19428-1930
      View Details

    Similar Nearby for Sale

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      Comfortable Condo Near Schuylkill River

      Well-maintained 1-bedroom condo with modern amenities and convenient location.
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      Undeveloped Parcel in Conshohocken Borough

      Undeveloped land parcel for sale in the heart of Borough.
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      0.81 Acres

      Warehouse on Large Lot

      Warehouse with reception, two restrooms, and off-street parking.
      5 River Rd, Conshohocken, PA 19428
      View Details
    • $2,500,000
      1.65 Acres

      Conshohocken Office Building - Prime Location

      High-traffic, versatile office space, ample parking.
      1207 Fayette St, Conshohocken, PA 19428
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      Whitemarsh Township Warehouse Opportunity

      Warehouse with reception area, two restrooms, and off-street parking.
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      Prime Conshohocken Auto Repair Facility

      8,400 SF building, 0.36 acres, high traffic
      1024 Matsonford Rd, Conshohocken, PA 19428
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    Similar Nearby for Lease

    • $26 SF/Yr
      858 SF

      Conshohocken Office Space Available

      Office space for rent with upgraded finishes and convenient location.
      1000 Conshohocken Rd, Conshohocken, PA 19428
      View Details
    • $30 SF/Yr
      1,557 SF

      Renovated Office Space with Amenities

      Office space with renovated lobby, fitness center, and parking.
      161 Washington St, Conshohocken, PA 19428
      View Details
    • Contact for pricing

      407 Alan Wood Road: Industrial Land

      6.4-acre industrial land, single tenant.
      407 Alan Wood Rd, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      6,000 SF

      Conshohocken Office Suites Available

      Office suites available from 1,000 to 15,000± square feet.
      100 Front St, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      23,260 SF

      Conshohocken Office Space Sublease

      Office space available for sublease with river views.
      1000 River Rd, Conshohocken, PA 19428
      View Details
    • Contact for pricing
      2,213 SF

      Creative Office Space with Amenities

      Amenity-rich creative office space in Conshohocken with walkable train access.
      20 Ash St, Conshohocken, PA 19428
      View Details

    Property Visit Statistics

    • Visits by month
      9.4k
    • Visitors by month
      7.7k
    • Avg Time on site
      6 min
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    1642 Butler Pike
    Conshohocken, PA 19428-1227
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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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