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Property profile & analytics
OFF-MARKET Estimated value $1,125,000
Medical Office Space

331 York Rd Hatboro, PA 19040-2033

9,576 SF 1.05 ac lot Built 1971
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-5491595
Property summary
AI-generated overview

This exceptional Hatboro, Pennsylvania office complex at 331 N. York Road offers a total of 9,500 square feet of traditional office space, ideally suited for businesses seeking flexible and adaptable work environments. The property is located in Montgomery County, PA, with the convenient zip code of 19040. Currently, there are two suites available, providing a range of options to accommodate various business needs. Individual suites range in size from a minimum of 760 square feet to a maximum contiguous space of 2,500 square feet. This allows for businesses of different scales to find a suitable space, whether they require a smaller, efficient office or a larger area to accommodate growth. The building features ample on-site parking, accommodating up to 78 vehicles, ensuring convenient access for employees and clients alike. The property's location in Hatboro provides easy access to major transportation routes, making commuting and client visits straightforward. This is a fantastic opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving community. The property is classified as a multi-tenant building, offering a diverse and collaborative atmosphere. Contact us today to schedule a viewing and explore the possibilities of establishing your business at this prime Hatboro location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1971
Total area 9,576 SF
Lot 1.05 ac (45,899 SF)
Zoning code O
APN 08-00-06409-00-9
UPID US73-5491595
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
Current use
Occupant on record · Public records
  • Patricia Martinez, MD Ophthalmologist
  • Dr. Jeremy L. Aikey, DO Physician
  • Anastasia Perry, OD Physician
  • Maria Martinez Lehmann Physician
  • Guy Brignola Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.13M
Owner & transaction history
Randall D Weiss · 9 yrs held
Randall D Weiss
since 2016
6 recorded transactions
2016
Price N/A
2008
Price N/A
2005
Price N/A
2004
$800,000
2004
Price N/A
1969
Price N/A
Zoning & alternative use
O · Hatboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Professional office use in a residential development, provided that such use shall comply with the requirements for off-street parking and loading facilities as specified in Part 20 of this chapter. E. Accessory uses as authorized by the "General Regulations" of this chapter, and subject to restrictions as set forth in § 27-803 , Subsection 1C(7) , herein.

Zone name Office
General category COMMERCIAL
Zone area 26.15 ac
Top alternative use upside
Office building $1.6M +3.8%
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