Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    470 Norristown Rd Blue Bell, PA 19422-2322

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    470 Norristown Rd Blue Bell, PA 19422-2322

    View on Map
    • Office buildings
    • 153,544 SF
    • 14.02 lot acres
    Off-Market
    Property ID
    US73-0339843
    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
    $23,440,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Merrill Lynch Financial Advisor Krista Sheppard Regaldi / Financial Advisor
    • Blue Bell Private Wealth Management, LLC / Financial Advisor
    • CATHLEEN KELLY REBAR / Law Firm
    • PDS / (Bike/Boat/Book/etc) Store / Corporate Office
    • Merrill Lynch Financial Advisor Paul B Mullen / Financial Advisor

    Property Details for 470 Norristown Rd

    Year built
    1999
    Lot size
    14.02 lot acres
    Property size
    153,544 SF
    Zone code
    I
    Property type
    Office buildings
    APN
    66-00-04711-13-7
    APU
    660004711137

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $31,932,000
      Market price range: $14.5M - $38.7M
      AI Estimate
      $14,947,000
      Market price range: $4.47M - $19.9M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $25,125,000
      Current use
      MEDICAL BUILDING
      $24,200,000
      Change: -4% Conversion: Easy
      RESTAURANT
      $21,550,000
      Change: -14% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $21,340,000
      Change: -15% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Bell
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2691
    Latitude
    40.1296
    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
    $424,300
    $0.00
    $0.00
    $13,440,800
    -
    $0.00
    $0.00
    $13,440,800

    Comparable in this City

    • Value Estimation
      $3,985,000
      37,776 SF

      860 Penllyn Blue Bell Pike

      OFFICE BUILDING • 37,776 SF
      860 Penllyn Blue Bell Pike, Blue Bell, PA 19422-1676
      View Details
    • Value Estimation
      $5,715,000
      41,651 SF

      450 Sentry E Pkwy

      OFFICE BUILDING • 41,651 SF
      450 Sentry E Pkwy, Blue Bell, PA 19422-2319
      View Details
    • Value Estimation
      $7,000,000
      62,477 SF

      980 Harvest Dr

      OFFICE BUILDING • 62,477 SF
      980 Harvest Dr, Blue Bell, PA 19422-1955
      View Details
    • Value Estimation
      $890,000
      8,010 SF

      905 Lenmar Dr

      OFFICE BUILDING • 8,010 SF
      905 Lenmar Dr, Blue Bell, PA 19422-2000
      View Details
    • Value Estimation
      $2,400,000
      17,440 SF

      1515 Dekalb Pike

      OFFICE BUILDING • 17,440 SF
      1515 Dekalb Pike, Blue Bell, PA 19422-3367
      View Details
    • Value Estimation
      $5,225,000
      35,380 SF

      1450 Un Meeting Rd

      OFFICE BUILDING • 35,380 SF
      1450 Un Meeting Rd, Blue Bell, PA 19422-1920
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      675 SF

      Blue Bell Office Space Available

      Class A office space for rent in Blue Bell, PA.
      595 Skippack Pike, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      5,783 SF

      Office Building with Private Suites

      Office building with private entrances and bathrooms in each suite.
      1780 Swede Rd, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      35,000 SF

      Blue Bell Office Building For Sale

      35,000 square foot office building available for sale.
      1450 Union Meeting Rd, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      2,571 SF

      Blue Bell Office Space Available

      Class A office space in park-like Blue Bell setting.
      591 Skippack Pike, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      5,736 SF

      Blue Bell Office Building For Sale

      Single-tenant office building with prominent signage and ample parking.
      581 Skippack Pike, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      243,965 SF

      Valley Square Office Campus

      243,965 square foot office campus in Blue Bell, PA.
      2 Township Line Rd, Blue Bell, PA 19422
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Buildings ForRent

      Class A office buildings with ample parking in Blue Bell.
      589 Skippack Pike, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      9,770 SF

      Upgraded Office Space Available

      Modern office building with high-end amenities and medical tenants.
      510 E Township Line Rd, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      7,496 SF

      Class A Office Space Available

      Recently renovated office space in a convenient location.
      960 Harvest Dr, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      37,369 SF

      Blue Bell Office Space Available

      Office building with 37,369 square feet available for rent.
      512 Township Line Rd, Blue Bell, PA 19422
      View Details
    • $20 SF/Yr

      Class A Office Building

      Class A office building in Blue Bell, PA with ample parking.
      930 Harvest Dr, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      30,845 SF

      Blue Bell Office Sublease

      Office space available for sublease in Blue Bell, Pennsylvania.
      731 Arbor Way, Blue Bell, PA 19422
      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.
    470 Norristown Rd
    Blue Bell, PA 19422-2322
    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

    470 Norristown Rd, Blue Bell, PA, 19422

    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!