Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    241 Main St Ambler, PA 19002-4224
    Back to Search
    Property profile & analytics

    241 Main St, Ambler, PA 19002-4224

    View on Map
    • Warehouses
    • 40,347 SF
    • 0.57 lot acres
    Off-Market
    Property ID
    US73-1770551
    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
    $1,715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 241 Main St

    Year built
    1960
    Lot size
    0.57 lot acres
    Zone code
    LI
    Property type
    Warehouses
    APN
    01-00-02659-00-4
    APU
    10002659004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 6, 2022 $3,937,500 Centric Bank Decastro Enterprises LLC Assignment Of Lease (leasehold Sale) $3.9M · Centric Bank
    Dec 3, 2019 $1,150,000 Decastro Ents LLC Cnl Real Estate LLC Grant Deed $1M · Commonwealth Cap
    Sep 2, 2014 $785,000 Cnl Real Estate LLC Gessner Edward H Trust Grant Deed —
    Aug 22, 2014 — Gessner,edward H Living Trust Gessner Edward H Trust Quit Claim Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,288,000
      Market price range: $2.29M - $5.45M
      AI Estimate
      $1,137,000
      Market price range: $1.14M - $2.55M

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

    Location Insight

    • Map
    • Local Demand
    City
    Ambler
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2283
    Latitude
    40.1584
    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
    $12,882
    $0.00
    $0.00
    $346,440
    -
    $0.00
    $0.00
    $346,440

    Comparable in this City

    • Value Estimation
      $1,260,000
      14,753 SF

      38 Race St

      WAREHOUSE, STORAGE
      38 Race St, Ambler, PA 19002
      View Details
    • Value Estimation by Request
      3,008 SF

      156 Rdg Ave

      WAREHOUSE, STORAGE
      156 Rdg Ave, Ambler, PA 19002-4509
      View Details
    • Value Estimation by Request
      10,760 SF

      255 Main St

      WAREHOUSE, STORAGE
      255 Main St, Ambler, PA 19002-4224
      View Details
    • Value Estimation by Request
      7,708 SF

      291 Main St

      WAREHOUSE, STORAGE
      291 Main St, Ambler, PA 19002-4224
      View Details
    • Value Estimation by Request
      3,200 SF

      113 Poplar St

      WAREHOUSE, STORAGE
      113 Poplar St, Ambler, PA 19002-4746
      View Details
    • Value Estimation
      $2,035,000
      60,188 SF

      200 Railroad Ave

      WAREHOUSE, STORAGE
      200 Railroad Ave, Ambler, PA 19002
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Ambler Warehouse Investment Opportunity

      10,020 SF warehouse in Ambler, leased to sports academy.
      220 S Chestnut St, Ambler, PA 19002
      View Details
    • Contact for pricing
      24.47 Acres

      Ambler Industrial Space For Lease

      Prime Ambler location, flexible industrial space.
      300 Brookside Ave, Ambler, PA 19002
      View Details
    • $1,500,000
      0.91 Acres

      220 Chestnut St, Ambler, PA 19002

      Industrial properties
      220 Chestnut St, Ambler, PA 19002
      View Details
    • Contact for pricing
      24.47 Acres

      Ambler Truck & Car Parking Lot

      Secure Truck/Car Parking in Ambler, PA
      Truck And Trailer Parking Brookside Ave, Ambler, PA 19002
      View Details
    • Contact for pricing
      1.84 Acres

      Ambler Office Space for Lease

      Prime Office Suites, Flexible Sizes
      1126 Horsham Rd, Ambler, PA 19002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,880 SF

      Retail Space in Affluent Area

      Retail space with diverse co-tenants in Montgomery County.
      1105 N Bethlehem Pike, Ambler, PA 19002
      View Details
    • Contact for pricing
      103,000 SF

      Office and Medical Space Available

      Office and medical space for rent, 4,000 to 103,000 SF.
      727 Norristown Rd, Lower Gwynedd, PA 19002
      View Details
    • Contact for pricing
      6,369 SF

      Office Space with Modern Amenities

      Office spaces for rent with shared amenities and ample parking.
      321 Norristown Rd, Ambler, PA 19002
      View Details
    • Contact for pricing
      1,270 SF

      Spring House Office Suites Available

      Turn-key office suites in Spring House, Montgomery County.
      714 N Bethlehem Pike, Spring House, PA 19002
      View Details
    • Contact for pricing
      6,384 SF

      Turn-Key Office Suites For Rent

      All-inclusive, custom-built office suites in Spring House, Montgomery County.
      768 N Bethlehem Pike, Ambler, PA 19002
      View Details
    • Contact for pricing

      Retail Space For Lease

      Inline retail space available for lease.
      832 N Bethlehem Pike, Spring House, PA 19002
      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.
    241 Main St
    Ambler, PA 19002-4224
    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
    241 Main St, Ambler, PA, 19002
    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!