Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    400 Davis Dr Plymouth Meeting, PA 19462-1718
    Back to Search
    Property profile & analytics

    400 Davis Dr, Plymouth Meeting, PA 19462-1718

    View on Map
    • Office buildings
    • 36,966 SF
    • 3.27 lot acres
    Off-Market
    Property ID
    US73-1778712
    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.
    Value Estimations
    $7,085,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MidLantic Urology - Plymouth Meeting / Medical Clinic / Physician
    • Bluewave Technology Group / IT Consulting Firm / Tech Support Center
    • Lee Schachter, MD - MidLantic Urology/Urology Health Specialists LLC / Physician / Medical Clinic
    • Elizabeth Anoia, MD - Urology Health Specialists LLC / Physician / Medical Clinic
    • Pacific Pulmonary Services / Physician

    Property Details for 400 Davis Dr

    Year built
    2009
    Lot size
    3.27 lot acres
    Zone code
    LI
    Property type
    Office buildings
    APN
    49-00-04507-02-5
    APU
    490004507025

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,417,000
      Market price range: $6.99M - $21.3M
      AI Estimate
      $4,752,000
      Market price range: $4.75M - $9.39M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $10,925,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth Meeting
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2975
    Latitude
    40.1071
    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
    $84,910
    $0.00
    $0.00
    $2,587,300
    -
    $0.00
    $0.00
    $2,587,300

    Comparable in this City

    • Value Estimation
      $8,745,000
      35,141 SF

      3031 Walton Rd, Unit A

      OFFICE BUILDING
      3031 Walton Rd, Plymouth Meeting, PA 19462-2369
      View Details
    • Value Estimation
      $11,370,000
      58,776 SF

      920 Germantown Pike

      OFFICE BUILDING
      920 Germantown Pike, Plymouth Meeting, PA 19462-7401
      View Details
    • Value Estimation
      $2,385,000
      14,280 SF

      37 Germantown Pike

      OFFICE BUILDING
      37 Germantown Pike, Plymouth Meeting, PA 19462-1558
      View Details
    • Value Estimation
      $13,695,000
      86,251 SF

      2 Apollo Rd, Unit 3

      OFFICE BUILDING
      2 Apollo Rd, Plymouth Meeting, PA 19462-2372
      View Details
    • Value Estimation
      $3,475,000
      21,888 SF

      2250 Butler Pike

      OFFICE BUILDING
      2250 Butler Pike, Plymouth Meeting, PA 19462-1430
      View Details
    • Value Estimation
      $2,845,000
      15,912 SF

      450 Davis Dr

      OFFICE BUILDING
      450 Davis Dr, Plymouth Meeting, PA 19462-1705
      View Details

    Similar Nearby for Sale

    • $300,000
      0.23 Acres

      PLYMOUTH MEETING Office For Sale

      Office in historic district with great visibility and access.
      2 E Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing

      Liquor License Included

      Montgomery County, PA liquor license included in sale.
      2049 Chemical Rd, Plymouth Meeting, PA 19462
      View Details
    • New
      $585,000
      2,295 SF

      Income-Generating Duplex with Garages

      Duplex in Plymouth Meeting with two garages for additional income.
      311 Jefferson St, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing

      Retail Space Near Plymouth Meeting

      Retail space available near Plymouth Meeting Mall with redevelopment potential.
      580 West Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing

      29.80 Acres Development Site

      29.80-acre site with easy highway access near Whitemarsh Business Center.
      453 Stenton Ave, Plymouth Meeting, PA 19462
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,625 SF

      Class A Suburban Office Building

      Class A office space in a sought-after suburban market.
      4000 Chemical Rd, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      89,878 SF

      Plymouth Meeting Office Space Available

      Office building with 89,878 square feet available for rent.
      660 W Germantown Pike, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      21,510 SF

      Meetinghouse Business Center Office Space

      Class A office space in a park-like setting.
      2240 Butler Park, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      1,873 SF

      Class A Office Space Available

      Class A office space for rent in Plymouth Meeting, PA.
      120 W Germantown Park, Plymouth Meeting, PA 19462
      View Details
    • Contact for pricing
      9,449 SF

      Class A Office in Plymouth

      Class A office space in a sought-after Philadelphia suburb.
      2260 Butler Park, Plymouth Meeting, PA 19462
      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.
    400 Davis Dr
    Plymouth Meeting, PA 19462-1718
    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

    Thank You for Inquiry
    400 Davis Dr, Plymouth Meeting, PA, 19462
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!