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

    34 Butler Ave Ambler, PA 19002-4527

    • Commercial real estate
    • 15,996 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Jan 10, 2023
    $1,625,000
    Value Estimations
    $1,645,000
    Show details
    Cap Rate Potential
    9.4%
    Commercial real estate
    Location Intelligence
    Property ID
    US73-1355701
    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

    • Commercial real estate

    Property Details for 34 Butler Ave

    Year built
    1893
    Lot size
    0.29 lot acres
    Property size
    15,996 SF
    Zone code
    C
    Property type
    Commercial real estate
    APN
    01-00-00778-00-4
    APU
    10000778004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,765,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,571,000
      Market price range: $1.57M - $2.89M
      AI Estimate
      $1,093,000
      Market price range: $784k - $1.97M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,945,000
      Current use
      OFFICE BUILDING
      $2,615,000
      Change: +34% Conversion: Easy
      MEDICAL BUILDING
      $2,520,000
      Change: +30% Conversion: Easy
      RESTAURANT
      $2,245,000
      Change: +15% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,225,000
      Change: +14% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $2,085,000
      Change: +7% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Ambler
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2226
    Latitude
    40.1539
    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
    $20,002
    $0.00
    $0.00
    $537,910
    -
    $0.00
    $0.00
    $537,910

    Comparable in this City

    • Value Estimation by Request

      602 Bethlehem Pike

      COMMON AREA (COMMERCIAL)
      602 Bethlehem Pike, Ambler, PA 19002-5809
      View Details
    • Value Estimation by Request
      1,680 SF

      38 Butler Ave

      COMMERCIAL (GENERAL) • 1,680 SF
      38 Butler Ave, Ambler, PA 19002-4527
      View Details
    • Value Estimation by Request
      1,380 SF

      517 Argyle Ave

      COMMERCIAL (GENERAL) • 1,380 SF
      517 Argyle Ave, Ambler, PA 19002
      View Details
    • Value Estimation by Request
      9,073 SF

      901 Butler Pike

      Restaurants • 9,073 SF
      901 Butler Pike, Ambler, PA 19002
      View Details
    • Value Estimation by Request

      106 Butler Ave, Unit 114

      COMMON AREA (COMMERCIAL)
      106 Butler Ave, Ambler, PA 19002-4426
      View Details
    • Value Estimation by Request
      1.48 Acres

      224-228 Frst Ave

      COMMON AREA (COMMERCIAL) • 1.48 Acres
      224-228 Frst Ave, Ambler, PA 19002
      View Details

    Similar Nearby for Sale

    • $250,000
      0.06 Acres

      Ambler Garage Investment Opportunity

      14 Garage Bays, High ROI Potential
      Renfrew Ave, 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
      24.47 Acres

      Ambler Industrial Space For Lease

      Prime Ambler location, flexible industrial space.
      300 Brookside Ave, Ambler, PA 19002
      View Details
    • Contact for pricing

      Retail Space in Maple Glen

      Retail spaces available in Giant-anchored shopping center.
      1925-1977 Norristown Rd, Maple Glen, PA 19002
      View Details
    • Contact for pricing
      24,214 SF

      Spring House Shopping Center Investment

      Prime Retail Center, 100% Occupancy
      821 Bethlehem Pike, Spring House, PA 19002
      View Details
    • $1,500,000
      0.91 Acres

      220 Chestnut St, Ambler, PA 19002

      Industrial properties • 0.91 Acres
      220 Chestnut St, Ambler, PA 19002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      655 SF

      Ambler Flex / Industrial Space

      Flex / Industrial space available for rent in Ambler, PA.
      200 W Welsh Rd, Ambler, PA 19002
      View Details
    • Contact for pricing
      2,875 SF

      Retail Space on Bethlehem Pike

      Retail space with ample parking and high traffic volume.
      901 N Bethlehem Pike, Ambler, PA 19002
      View Details
    • $17 SF/Yr
      838 SF

      Turn-Key Office Suites For Rent

      Office suites available in Spring House, Lower Gwynedd, Montgomery County.
      716 N Bethlehem Pike, Ambler, PA 19002
      View Details
    • $975 /Mo
      80,150 SF

      Ambler Office Space For Lease

      Office spaces available in Ambler, PA, with shared amenities.
      1126 Horsham Rd, Ambler, PA 19002
      View Details
    • $2,300 /Mo
      3,485 SF

      Prime Ambler Commercial/Retail Space

      Highly visible 1,350 SF space in the heart of Ambler.
      5 N Main St, Ambler, PA 19002
      View Details
    • $975 /Mo

      Ambler Office Space for Rent

      Office spaces available in Ambler with shared amenities and parking.
      1126 Horsham Rd, Ambler, 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.
    34 Butler Ave
    Ambler, PA 19002-4527
    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.