Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    307 Derstine Ave Lansdale, PA 19446-3549

    • Warehouses
    • 27,364 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimations
    $1,840,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5494270
    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

    • The Reporter / Newspaper Publisher
    • Derbyshire Marine Products LLC / Marine Supply Store

    Property Details for 307 Derstine Ave

    Year built
    1950
    Lot size
    0.88 lot acres
    Property size
    27,364 SF
    Zone code
    B
    Property type
    Warehouses
    APN
    11-00-03852-00-7
    APU
    110003852007

    Description

    This exceptional 27,364 square foot building, located at 307 Derstine Avenue in Lansdale, Pennsylvania (zip code 19446), offers a unique blend of warehouse and traditional office space. Situated in Montgomery County, this single-building property is perfect for businesses requiring a combination of storage and office functionality. The property is currently available for lease as a multi-tenant building. One office space of 2,629 square feet is immediately available. The building's total area encompasses 27,364 square feet, providing ample room for various operational needs. Its strategic location in Lansdale offers convenient access to major transportation routes, enhancing logistical efficiency for businesses. The property's classification as both office and industrial space caters to a wide range of potential tenants, making it an attractive investment opportunity. Interested parties are encouraged to inquire about lease terms and availability. The property is conveniently located in Lansdale Borough, Montgomery County, Pennsylvania. This versatile property presents a compelling opportunity for businesses seeking a well-situated and functional space to operate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,230,000
      Market price range: $1.06M - $2.61M
      AI Estimate
      $1,449,000
      Market price range: $574k - $1.66M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,805,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansdale
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2878
    Latitude
    40.2429
    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
    $33,297
    $0.00
    $0.00
    $791,570
    -
    $0.00
    $0.00
    $791,570

    Comparable in this City

    • Value Estimation
      $5,645,000
      187,821 SF

      1290 Broad St, Unit 1330

      WAREHOUSE, STORAGE • 187,821 SF
      1290 Broad St, Lansdale, PA 19446-1106
      View Details
    • Value Estimation
      $1,000,000
      14,528 SF

      901 6th St

      WAREHOUSE, STORAGE • 14,528 SF
      901 6th St, Lansdale, PA 19446-2246
      View Details
    • Value Estimation by Request
      767,474 SF

      1000 Cannon Ave

      WAREHOUSE, STORAGE • 767,474 SF
      1000 Cannon Ave, Lansdale, PA 19446-1854
      View Details
    • Value Estimation by Request
      2,337 SF

      719 3rd St

      WAREHOUSE, STORAGE • 2,337 SF
      719 3rd St, Lansdale, PA 19446-2110
      View Details
    • Value Estimation by Request
      0.45 Acres

      418 Broad St

      BULK STORAGE, TANKS • 0.45 Acres
      418 Broad St, Lansdale, PA 19446
      View Details
    • Value Estimation by Request
      266,279 SF

      1180 Church Rd, Unit 1

      WAREHOUSE, STORAGE • 266,279 SF
      1180 Church Rd, Upper Gwynedd, PA 19446-3976
      View Details

    Similar Nearby for Sale

    • $4,300,000
      28,665 SF

      Lansdale Warehouse For Sale

      28,665 SF warehouse available in Lansdale, Pennsylvania.
      821 W 5Th St, Lansdale, PA 19446
      View Details
    • $1,750,000
      7,000 SF

      Lansdale Flex Warehouse - $1.75M

      70,000 SF Flex Space, Vacant, NNN Lease
      633 Jones Ave, Lansdale, PA 19446
      View Details
    • $1,500,000
      18,300 SF

      Mixed-Use Industrial Building in Lansdale

      Mixed-use industrial building with eight units and flexible options.
      100 Penn St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      9,852 SF

      Lansdale Medical Office Building

      9,852 SF Medical Office in Lansdale, PA
      400 Broad St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      4.95 Acres

      Lansdale Retail Space - Prime Location

      High-visibility retail space, excellent demographics.
      850 Valley Forge Rd, Lansdale, PA 19446
      View Details
    • $959,000

      Retail Investment in Downtown Lansdale

      6,476 SF retail space in a vibrant downtown location.
      9 W 2Nd St, Lansdale, PA 19446
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,000 SF

      Versatile Commercial Space on Broad Street

      28,000 SF warehouse, office, and showroom space for lease.
      1330 N Broad St, Lansdale, PA 19446
      View Details
    • $9 SF/Yr
      67,466 SF

      Lansdale Flex Space Available 2025

      High-quality flex, warehouse, manufacturing, and office space available April 2025.
      2750 Morris Rd, Lansdale, PA 19446
      View Details
    • Contact for pricing
      28,000 SF

      Versatile Commercial Space on Broad

      28,000 SF warehouse, office, and showroom space for lease.
      1290 N Broad St, Lansdale, PA 19446
      View Details
    • $2,922,000
      21,644 SF

      Lansdale Warehouse Space Available

      21,644 SF warehouse space for lease in Lansdale, PA.
      200 W 8Th St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      2,673 SF

      Lansdale Office/Industrial Space for Lease

      Single-story office/industrial space with heavy power and rail access.
      1000 N Cannon Ave, Lansdale, PA 19446
      View Details
    • Contact for pricing
      9,756 SF

      Lansdale Flex/Industrial Space Available

      9,756 SF flex/industrial space for lease in Lansdale, PA.
      1180 Church Rd, Lansdale, PA 19446
      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.
    307 Derstine Ave
    Lansdale, PA 19446-3549
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.