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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Office buildings
31 Butler Ave Ambler, PA 19002-4510
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5731035
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1920
Total area
4,764 SF
Lot
0.14 ac (6,261 SF)
Zoning code
C
APN
01-00-00568-00-7
UPID
US73-5731035
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$755k
Owner & transaction history
Butler Headquarters LLC · 1 yrs held
Butler Headquarters LLC
since 2024
Last sale
$915,000
4 recorded transactions
Zoning & alternative use
C · Ambler, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C - COMMERCIAL DISTRICT §27-1301. Statement of Intent. It is the intent of this district to: A. Provide for the orderly developmen t of a major business and commerce area of the Borough, consistent with the Comprehensive Plan. B. Reestablish South Ambler as a fo cal point for employment opportunities. C. Encourage a uniformity of design to ensure the orderly…
Zone name
Commercial
General category
COMMERCIAL
Zone area
14.63 ac
Source
Chapter27
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ambler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ambler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$780,000
Current use
MEDICAL BUILDING
$750,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $915k (Sep 9 2024)
Last sale anchor
$915k
Sep 9 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$158 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,169
Tax year 2023
Assessed value
$246,580
Assessed 2024
Previous assessed
$246,580
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$92,690
Assessed improvement
$153,890
Land market value
$92,690
Improvement market value
$153,890
Total market value
$246,580
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
2
Total area
4,764 SF
Lot
0.14 ac (6,261 SF)
Zoning code
C
APN
01-00-00568-00-7
UPID
US73-5731035
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Ambler, PAZoning C · permitted uses
C · Ambler, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C - COMMERCIAL DISTRICT §27-1301. Statement of Intent. It is the intent of this district to: A. Provide for the orderly developmen t of a major business and commerce area of the Borough, consistent with the Comprehensive Plan. B. Reestablish South Ambler as a fo cal point for employment opportunities. C. Encourage a uniformity of design to ensure the orderly arrangement of land uses and buildings. (Ord. 922, 9/17/1996, Art. XIII, §1300; as amended by Ord. 975, 3/18/2003, §1)
Zone name
Commercial
General category
COMMERCIAL
Zone area
14.63 ac
Source
Chapter27
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$780,000
MEDICAL BUILDING
Est. value
$750,000
OFFICE BUILDING Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Butler Headquarters LLC
Entity
Mailing address
1 E BROAD ST STE #310, BETHLEHEM, PA 18018-5961
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
—
Butler Headquarters LLC
—
Deed
related
$500,000 · Guy Berger Etal
Dec 9, 2024
$915,000
Butler Headquarters LLC
Version 3 LLC
Deed
$500,000 · Guy Berger Etal
Dec 28, 2016
$600,000
Version 3 LLC
Jnc Associates LLP
Deed
—
Jan 23, 2004
$537,500
Jnc Assocs LLP
Reis,james J
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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