Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    200 2nd St North Wales, PA 19454
    Back to Search
    Property profile & analytics

    200 2nd St North Wales, PA 19454

    View on Map
    • Warehouses
    • 10,009 SF
    • 0.33 lot acres
    Off-Market
    Property ID
    US73-5655961
    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

    • Warehouses

    Property Details for 200 2nd St

    Year built
    1920
    Lot size
    0.33 lot acres
    Property size
    10,009 SF
    Zone code
    OR
    Property type
    Warehouses
    APN
    14-00-02928-00-1
    APU
    140002928001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    North Wales
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2756
    Latitude
    40.2105
    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
    $7,382
    $68,970
    $111,900
    $180,870
    -
    $68,970
    $111,900
    $180,870

    Comparable in this City

    • Value Estimation
      $5,760,000
      72,130 SF

      Corporate Dr

      WAREHOUSE, STORAGE • 72,130 SF
      Corporate Dr, North Wales, PA 19454
      View Details
    • Value Estimation
      $11,825,000
      183,600 SF

      125 Hartman Rd, Unit 135

      WAREHOUSE, STORAGE • 183,600 SF
      125 Hartman Rd, North Wales, PA 19454-1504
      View Details
    • Value Estimation by Request
      7,138 SF

      200 Montgomery Ave

      WAREHOUSE, STORAGE • 7,138 SF
      200 Montgomery Ave, North Wales, PA 19454-2948
      View Details
    • Value Estimation
      $1,550,000
      21,612 SF

      101 Elm Ave

      WAREHOUSE, STORAGE • 21,612 SF
      101 Elm Ave, North Wales, PA 19454-3302
      View Details
    • Value Estimation by Request
      16,000 SF

      413 Industrial Dr

      WAREHOUSE, STORAGE • 16,000 SF
      413 Industrial Dr, North Wales, PA 19454
      View Details
    • Value Estimation
      $1,605,000
      18,700 SF

      Keystone Dr

      WAREHOUSE, STORAGE • 18,700 SF
      Keystone Dr, North Wales, PA 19454
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,414 SF

      Welsh Road Commercial Property For Sale

      Commercial property for sale located on busy Welsh Road.
      1364 Welsh Rd, North Wales, PA 19454
      View Details
    • $2,050,000
      28,414 SF

      Three Building Office Complex

      28,414 sq ft office complex on 2.63 acres.
      1364 Welsh Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      5,000 SF

      Prime Corner Pad Site Available

      Highly visible corner pad site in affluent North Wales.
      951 N Wales Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      9,348 SF

      LEED Certified Office Building

      Modern office building with prominent signage and ample parking.
      736 Lower State Rd, North Wales, PA 19454
      View Details
    • $3,083,000
      6,830 SF

      Outback Steakhouse NNN Investment Opportunity

      Single-tenant Outback Steakhouse with long-term NNN lease in North Wales.
      450 Montgomery Mall, North Wales, PA 19454
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,500 SF

      North Wales Flex Space Available

      6,500 SF flex space with warehouse and office components.
      108 W Montgomery Ave, North Wales, PA 19454
      View Details
    • Contact for pricing

      Retail Space in Shopping Center

      Retail space available in General Hancock Shopping Center.
      740 Upper State Rd, North Wales, PA 19454
      View Details
    • Contact for pricing
      1,950 SF

      Prime Office Space Available

      Office space with convenient access to major routes.
      909 Sumneytown Pike, Spring House, PA 19454
      View Details
    • Contact for pricing
      22,168 SF

      Class A Headquarters Building

      Three-story office building with amenity center and furnished offices.
      2100 Pennbrook Pkwy, North Wales, PA 19454
      View Details
    • Contact for pricing

      Retail Space in Airport Square

      Prime retail spaces available in a high-traffic shopping center.
      801 Bethlehem Pike, Montgomeryville, PA 19454
      View Details
    • Contact for pricing
      13,460 SF

      Retail Space Available For Lease

      Retail property available for lease in North Wales, Pennsylvania.
      1460 Bethlehem Pike, North Wales, PA 19454
      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.
    200 2nd St
    North Wales, PA 19454
    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
    200 2nd St, North Wales, PA, 19454
    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!