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Property profile & analytics
OFF-MARKET Estimated value $515,000
Medical Office Space

200 Pennsylvania Ave Oreland, PA 19075-1261

9,982 SF 0.65 ac lot Built 1920
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-1529970
Property summary
AI-generated overview

This exceptional office building, located at 200 E. Pennsylvania Avenue in Oreland, Pennsylvania, presents a fantastic opportunity for businesses seeking flexible and conveniently located space. The property is classified as a traditional office building and offers a versatile square footage range of 1,000 to 3,000 square feet, catering to a variety of business needs and sizes. Situated in Montgomery County, with a zip code of 19075, this property boasts a highly desirable location. The address is easily accessible, offering both ample onsite parking and convenient street parking for employees and clients. The building itself is a traditional office structure, designed to provide a professional and functional workspace. This presents a rare opportunity to acquire a well-situated office building in a thriving Pennsylvania community. The property's location in Oreland provides easy access to major transportation routes, making commuting simple and convenient. This makes it an ideal location for businesses seeking a balance between accessibility and a professional atmosphere. The flexible square footage allows for customization to suit specific business requirements, making it a truly adaptable and valuable asset. The combination of ample parking and a prime location makes this office building a highly attractive proposition for businesses of all sizes. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1920
Total area 9,982 SF
Lot 0.65 ac (28,110 SF)
Zoning code CR
APN 54-00-13303-00-8
UPID US73-1529970
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
Current use
Occupant on record · Public records
  • Lagreca & Quinn Real Estate Real Estate Agency
  • Farmers Insurance - Michael Piper Insurance Agency
  • Centropy Group Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
$716k
Blend (final) Blend
$515k
Owner & transaction history
200 E Pennsylvania Avenu Asso · 20 yrs held
200 E Pennsylvania Avenu Asso
since 2005
4 recorded transactions
2016
Price N/A
2005
$395,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CR · Oreland, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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