2010 N Broad St Lansdale, PA 19446
Property Lookup
Property profile & analytics
2010 N Broad St Lansdale, PA 19446
- Medical Office Space
- 8,157 SF
- 0.83 lot acres
Property ID
US73-2824162
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.
Location Intelligence
Current Use by Public Records
- Lansdale Home Improvements / Construction Company / General Contractor
- Jefferson Health – Lansdale at Broad Street / Physician
- Alfred Trang, DO / Physician
- Aaron G. Ilano, MD / Physician
- Jefferson Moss-Magee Rehabilitation - Lansdale at Broad Street / Rehabilitation Center
Property Details for 2010 N Broad St
- Year built
- 2018
- Lot size
- 0.83 lot acres
- Property size
- 8,157 SF
- Zone code
- C
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 35-00-00979-00-3
- APU
- 350000979003
Description
This exceptional investment opportunity presents a single-tenant, 8,000-square-foot medical office building in Lansdale, Pennsylvania. The property, constructed in 2018 as a build-to-suit for Jefferson Health, boasts a strong 15-year net lease with 8.2 years remaining, featuring 1% annual rent bumps and two five-year renewal options. Located at 2010 N Broad St, in Montgomery County, on a 1.54-acre lot, this property offers a passive ownership structure with no immediate capital expenditures needed. The building benefits from Jefferson Health's strong credit rating (A2) and the stability of a destination-driven medical business model. The tenant, Jefferson Health, merged with Einstein Health in 2021, combining resources and strengthening its market position. The property's location shows consistent population growth, with a 4% increase within a 10-mile radius over the past 12 years and a projected 1.5% growth in the next five years. The current asking price is $2,972,000, representing a 7.00% capitalization rate and a price per square foot of $371.50. The Net Operating Income (NOI) is $208,058, providing a stable and attractive return on investment. This is a rare opportunity to acquire a high-quality, passively managed medical office building with a long-term lease and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,632,000
Market price range: $585k - $1.63M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,285,000 Current use
- AUTO REPAIR, GARAGE
- $2,410,000 Change: +88% Conversion: Difficult
- RETAIL STORES
- $2,195,000 Change: +71% Conversion: Difficult
- OFFICE BUILDING
- $1,335,000 Change: +4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansdale
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2642
- Latitude
- 40.2602
- 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
$34,930
$0.00
$0.00
$872,490
-
$0.00
$0.00
$872,490
