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

    234 Bryn Mawr Ave Bryn Mawr, PA 19010-2133

    • Office buildings
    • 8,380 SF
    • 1.13 lot acres
    OFF-MARKET
    Last Sale
    Mar 20, 2025
    $3,500,000
    Value Estimations
    $3,325,000
    Show details
    Cap Rate Potential
    4.6%
    Office buildings
    Location Intelligence
    Property ID
    US73-1394684
    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

    • Colts Neck Stem Cells / Medical Clinic
    • Minerva Joanne M MD / Physician
    • Golf Signs Supply / (Bike/Boat/Book/etc) Store / Printing Service
    • The Dental Spa Main Line | Dr. Nicole Deakins / Dental Office
    • Poritsky Susan MD / Physician

    Property Details for 234 Bryn Mawr Ave

    Year built
    1980
    Lot size
    1.13 lot acres
    Property size
    8,380 SF
    Property type
    Office buildings
    APN
    36-05-02857-00
    APU
    36050285700

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,165,000
      ML approach
      $3,130,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,440,000
      6.5%
      $2,255,000
      7%
      $2,095,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Bryn Mawr
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3236
    Latitude
    40.0175
    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
    2024
    $24,333
    $298,440
    $905,070
    $1,203,510
    -
    $0.00
    $0.00
    $1,203,510

    Comparable in this City

    • Value Estimation
      $10,665,000
      149,573 SF

      101 Bryn Mawr Ave

      OFFICE BUILDING • 149,573 SF
      101 Bryn Mawr Ave, Bryn Mawr, PA 19010-3120
      View Details
    • Value Estimation
      $1,625,000
      7,762 SF

      1122 County Line Rd

      PROFESSIONAL BUILDING • 7,762 SF
      1122 County Line Rd, Bryn Mawr, PA 19010-1564
      View Details
    • Value Estimation
      $585,000
      12,367 SF

      15 Garrett Ave

      OFFICE BUILDING • 12,367 SF
      15 Garrett Ave, Bryn Mawr, PA 19010-1461
      View Details
    • Value Estimation
      $955,000
      5,187 SF

      136 Garrett Ave

      OFFICE BUILDING • 5,187 SF
      136 Garrett Ave, Bryn Mawr, PA 19010-1359
      View Details
    • Value Estimation
      $2,770,000
      23,806 SF

      937 Haverford Rd

      OFFICE BUILDING • 23,806 SF
      937 Haverford Rd, Bryn Mawr, PA 19010-3800
      View Details
    • Value Estimation by Request
      3,231 SF

      925 Glenbrook Ave

      OFFICE BUILDING • 3,231 SF
      925 Glenbrook Ave, Bryn Mawr, PA 19010-2505
      View Details

    Similar Nearby for Sale

    • $2,500,000
      8,100 SF

      Bryn Mawr Medical Office Building

      High-yield medical office, 100% occupied
      888 Glenbrook Ave, Bryn Mawr, PA 19010
      View Details
    • Contact for pricing

      Bryn Mawr Retail Space Available

      Retail space in the heart of the Main Line.
      915-925 West Lancaster Ave, Bryn Mawr, PA 19010
      View Details
    • New
      $550,000
      2,393 SF

      Charming Duplex in Bryn Mawr

      Desirable duplex in Bryn Mawr with convenient location and parking.
      815 Penn St, Bryn Mawr, PA 19010
      View Details
    • Contact for pricing
      15,000 SF

      Lancaster Avenue Specialty Property

      Specialty property available for sale on Lancaster Avenue.
      572 Lancaster Ave, Bryn Mawr, PA 19010
      View Details
    • $385,000
      1,325 SF

      Spacious Condo in Millridge Community

      First-floor, 2-bedroom, 2-bath condo with open floor plan and balcony.
      103 Summit Dr, Bryn Mawr, PA 19010
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    • $1,029,000

      Turnkey Twin Home in Bryn Mawr

      Luxurious 4-bedroom home with modern amenities and convenient location.
      18 S Roberts Rd, Bryn Mawr, PA 19010
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      1,800 SF

      Office Space Near Bryn Mawr

      Office spaces for lease with nearby amenities and great accessibility.
      936 County Line Rd, Bryn Mawr, PA 19010
      View Details
    • $28 SF/Yr
      2,400 SF

      Medical Office Space Near Hospital

      Medical office space available across from Bryn Mawr Hospital.
      864 County Line Rd, Bryn Mawr, PA 19010
      View Details
    • Contact for pricing
      22,878 SF

      Bryn Mawr Executive Office Space

      Class A Office Suites, Train Station Access
      780 Lancaster Ave, Bryn Mawr, PA 19010
      View Details
    • $1,300 /Mo
      267 SF

      Updated Office Space in Bryn Mawr

      Private office space in updated stone carriage house for rent.
      Garrett Ave, Bryn Mawr, PA 19010
      View Details
    • $360 /Mo
      10,000 SF

      Glenbrook Ave Office Space For Lease

      Prestigious Bryn Mawr Office Building, Multiple Suites Available
      888 Glenbrook Ave, Bryn Mawr, PA 19010
      View Details
    • Contact for pricing
      3,350 SF

      Prime Retail Space in Bryn Mawr

      Retail space in the heart of the Main Line.
      921 W Lancaster Ave, Bryn Mawr, PA 19010
      View Details
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    Bryn Mawr, PA 19010-2133
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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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