Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    236 Maple Ave Horsham, PA 19044-3305

    • Apartment buildings
    • 10,246 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimations
    $1,400,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1576673
    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

    • Apartment buildings

    Property Details for 236 Maple Ave

    Year built
    1970
    Lot size
    0.82 lot acres
    Property size
    10,246 SF
    Zone code
    GC2
    Property type
    Apartment buildings
    APN
    36-00-07468-00-2
    APU
    360007468002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,962,000
      Market price range: $815k - $1.96M
      AI Estimate
      $841,000
      Market price range: $300k - $909k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,425,000
      Current use
      OFFICE BUILDING
      $1,675,000
      Change: +18% Conversion: Moderate
      MEDICAL BUILDING
      $1,615,000
      Change: +13% Conversion: Moderate
      RESTAURANT
      $1,440,000
      Change: +1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,335,000
      Change: -6% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,145,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Horsham
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.136
    Latitude
    40.1919
    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
    $20,732
    $0.00
    $0.00
    $527,400
    -
    $0.00
    $0.00
    $527,400

    Comparable in this City

    • Value Estimation
      $715,000
      5,430 SF

      516 Prospect Ave

      APARTMENT HOUSE (5+ UNITS) • 5,430 SF
      516 Prospect Ave, Horsham, PA 19044-2069
      View Details
    • Value Estimation
      $990,000
      7,958 SF

      124 Easton Rd

      APARTMENT HOUSE (5+ UNITS) • 7,958 SF
      124 Easton Rd, Horsham, PA 19044-3112
      View Details
    • Value Estimation
      $23,015,000
      182,364 SF

      3855 Blair Ml Rd

      GARDEN APT, COURT APT (5+ UNITS) • 182,364 SF
      3855 Blair Ml Rd, Horsham, PA 19044-2998
      View Details
    • Value Estimation
      $19,840,000
      141,532 SF

      310 Saw Ml Ln

      GARDEN APT, COURT APT (5+ UNITS) • 141,532 SF
      310 Saw Ml Ln, Horsham, PA 19044-1925
      View Details
    • Value Estimation
      $23,080,000
      213,350 SF

      213 Maple Ave

      GARDEN APT, COURT APT (5+ UNITS) • 213,350 SF
      213 Maple Ave, Horsham, PA 19044-3365
      View Details
    • Value Estimation
      $31,015,000
      344,636 SF

      298 Blair Ml Rd

      GARDEN APT, COURT APT (5+ UNITS) • 344,636 SF
      298 Blair Ml Rd, Horsham, PA 19044-2709
      View Details

    Similar Nearby for Sale

    • $415,000
      0.27 Acres

      Horsham Duplex with Rental Upside

      Duplex in Horsham, PA with long-term tenants and rental upside.
      474 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      19,000 SF

      Prime Horsham Retail Redevelopment

      19,000 SF Storefront, High Traffic
      490 Easton Rd, Horsham, PA 19044
      View Details
    • $650,000

      Horsham Retail Property with Parking

      Commercial retail property on high-traffic road with parking.
      296 Easton Rd, Horsham, PA 19044
      View Details
    • $650,000
      2,951 SF

      Horsham Retail Property: Prime Location

      High-traffic retail space, ample parking, great visibility.
      296 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      20,500 SF

      Fully Leased Office Building

      Well-located, fully leased office building in established business center.
      1355 Business Center Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      19,000 SF

      Retail Space on Easton Road

      9,500 SF retail space in amenity-rich location.
      490 Easton Rd, Horsham, PA 19044
      View Details

    Similar Nearby for Lease

    • New
      $3,100 /Mo
      4,792 SF

      Commercial Building on Route 611

      Commercial space for lease on busy Route 611.
      371 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      6,341 SF

      Class A Office Building

      Three-story office building in Horsham, PA, with updated lobby.
      2 Walnut Grove Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      10,000 SF

      Prime Land on Route 611

      Development opportunity with frontage on Route 611 in Warrington.
      1198 Easton Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      18,000 SF

      Horsham Flex Building Available

      42,000 SF flex building available in Horsham, Pennsylvania.
      103-109 Gibraltar Rd, Horsham, PA 19044
      View Details
    • Contact for pricing
      9,941 SF

      Premier Office Space For Rent

      Well-designed office space with private offices and natural light.
      455 Business Center Dr, Horsham, PA 19044
      View Details
    • Contact for pricing
      4,140 SF

      Horsham Township Class A Office

      Class A office space for rent in Horsham Township.
      300 Welsh Rd, Horsham, PA 19044
      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.
    236 Maple Ave
    Horsham, PA 19044-3305
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!