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

    350 S Main St, Unit 117-1 Gardenville, PA 18901

    • Office Properties & Spaces
    • 2,080 SF
    For Lease
    View listing
    $1,773 /Mo
    Last Sale
    May 05, 2022
    $305,000
    Value Estimations
    $345,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0015827
    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

    • Office Properties & Spaces

    Property Details for 350 S Main St

    Year built
    1985
    Property size
    2,080 SF
    Zone code
    FC
    Property type
    Office Properties & Spaces
    APN
    08-008-382-00A-004
    APU
    0800838200A004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $295,000
      ML approach
      $345,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $489,000
      Market price range: $355k - $836k
      AI Estimate
      $338,000
      Market price range: $227k - $582k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $485,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Doylestown
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.1292
    Latitude
    40.3029
    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
    2024
    $6,255
    $0.00
    $34,720
    $34,720
    -
    $0.00
    $475,614
    $475,614

    Comparable in this City

    • Value Estimation by Request
      864 SF

      403 Main St, Unit C103

      CONDOMINIUM OFFICES • 864 SF
      403 Main St, Doylestown, PA 18901-4833
      View Details
    • Value Estimation
      $225,000
      1,600 SF

      350 Main St Sta, Unit A

      CONDOMINIUM OFFICES • 1,600 SF
      350 Main St Sta, Doylestown, PA 18901-4871
      View Details
    • Value Estimation
      $500,000
      958 SF

      928 Town Ctrd5

      CONDOMINIUM OFFICES • 958 SF
      928 Town Ctrd5, New Britain, PA 18901
      View Details
    • Value Estimation
      $335,000
      1,460 SF

      252 Swamp Rd Ste, Unit 10

      CONDOMINIUM OFFICES • 1,460 SF
      252 Swamp Rd Ste, Doylestown, PA 18901-2465
      View Details
    • Value Estimation
      $390,000
      2,975 SF

      800 State St Ste, Unit 103

      CONDOMINIUM OFFICES • 2,975 SF
      800 State St Ste, Doylestown, PA 18901-5841
      View Details
    • Value Estimation
      $365,000
      1,335 SF

      204 St Ste, Unit 104

      CONDOMINIUM OFFICES • 1,335 SF
      204 St Ste, Doylestown, PA 18901-3507
      View Details

    Similar Nearby for Sale

    • $435,000
      2,350 SF

      Doylestown Office Space - 2350 sq ft

      Turn-key medical/professional office, Doylestown Borough.
      301 And 3, Doylestown, PA 18901
      View Details
    • Contact for pricing
      0.12 Acres

      Doylestown Office Building Opportunity

      Prime Doylestown location, 0.12-acre lot.
      68 Court St, Doylestown, PA 18901
      View Details
    • Contact for pricing
      2.38 Acres

      Doylestown Office Space - Main Street

      Historic Downtown Doylestown Office Suite
      140 Main St, Doylestown, PA 18901
      View Details
    • $1,450,000
      4,866 SF

      48 Oakland Ave, Doylestown, PA 18901

      Office Properties & Spaces • 4,866 SF
      48 Oakland Ave, Doylestown, PA 18901
      View Details
    • Contact for pricing
      0.14 Acres

      Doylestown Office Building - Prime Location

      Historic Charm, Modern Office Space
      95 Broad St, Doylestown, PA 18901
      View Details
    • Contact for pricing
      0.86 Acres

      Doylestown Office Space for Lease

      730 sq ft, prime location, patio access
      100 Butler Ave, Doylestown, PA 18901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      22,000 SF

      Doylestown Office Condo Suite

      Prime Doylestown Office Space, Move-In Ready
      301 Main St, Doylestown, PA 18901
      View Details
    • $27 SF/Yr
      3,621 SF

      Doylestown Office Space Available

      Prime Doylestown Office, 3,621 sq ft
      2005 Easton Rd, Doylestown, PA 18901
      View Details
    • $8 SF/Yr
      4,904 SF

      Doylestown Office Space Available

      Flexible Offices, Coworking & More
      2003 Easton Rd, Doylestown, PA 18901
      View Details
    • $2,400 /Mo
      2,178 SF

      Doylestown Turnkey Office/Retail Space

      First-floor office or retail space in the heart of Doylestown.
      250 Wood St Unit, Doylestown, PA 18901
      View Details
    • $825 /Mo
      24,394 SF

      Historic Doylestown Office Building

      Historic building in Doylestown perfect for various office spaces.
      152 N Main St, Doylestown, PA 18901
      View Details
    • $6,250 /Mo
      33,106 SF

      Doylestown Commercial Property for Lease

      High-visibility commercial building in Doylestown with ample parking.
      485 N Main St N, Doylestown, PA 18901
      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.
    350 S Main St, Unit 117-1
    Gardenville, PA 18901
    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.