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

    581 Skippack Pike Blue Bell, PA 19422

    • Investment properties
    • 8,636 SF
    • 0.59 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5475564
    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

    • Audrese Johnson, Weichert Realtors / Real Estate Agency
    • Leroy Cureton, Weichert Realtors / Real Estate Agency
    • PJ Mac Pest Control / Garden Center
    • Marcia DeMarco - Weichert Realtors - Cornerstone / Real Estate Agency
    • Brian Tuner, Realtor / Real Estate Agency

    Property Details for 581 Skippack Pike

    Year built
    1890
    Lot size
    0.59 lot acres
    Property size
    8,636 SF
    Zone code
    R1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    66-00-06523-00-8
    APU
    660006523008

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $801,000
      Market price range: $578k - $1.34M
      AI Estimate
      $683,000
      Market price range: $390k - $1.25M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $930,000
      Current use
      RESTAURANT
      $1,210,000
      Change: +30% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,200,000
      Change: +29% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,125,000
      Change: +21% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Blue Bell
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2647
    Latitude
    40.1518
    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
    $13,365
    $121,720
    $301,640
    $423,360
    -
    $121,720
    $301,640
    $423,360

    Comparable in this City

    • Value Estimation
      $550,000
      2,739 SF

      875 Dekalb Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 2,739 SF
      875 Dekalb Pike, Blue Bell, PA 19422-1215
      View Details
    • Value Estimation by Request
      2,817 SF

      1093 Dekalb Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 2,817 SF
      1093 Dekalb Pike, Center Square, PA 19422-1811
      View Details
    • Value Estimation by Request
      2,813 SF

      1115 Dekalb Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 2,813 SF
      1115 Dekalb Pike, Blue Bell, PA 19422-1813
      View Details
    • Value Estimation
      $600,000
      5,686 SF

      920 Lenmar Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 5,686 SF
      920 Lenmar Dr, Blue Bell, PA 19422-2000
      View Details
    • Value Estimation by Request
      1,250 SF

      1216 Skippack Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 1,250 SF
      1216 Skippack Pike, Blue Bell, PA 19422
      View Details
    • Value Estimation by Request
      3,065 SF

      1324 Dekalb Pike

      OFFICE/RESIDENTIAL (MIXED USE) • 3,065 SF
      1324 Dekalb Pike, Blue Bell, PA 19422-1866
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.04 Acres

      Blue Bell Commercial Land - $1.2M

      High-visibility Route 202 development site.
      1410 Dekalb Pike, Blue Bell, PA 19422
      View Details
    • $745,000

      Blue Bell Carriage House

      Lovingly maintained home in Blue Bell Country Club.
      234 Winged Foot Dr, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      2.65 Acres

      Prime Blue Bell Commercial Land

      2.65 Acres, High Traffic, Retail Ready
      901 Dekalb Pike, Center Square, 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
    • $499,900
      2,208 SF

      Charming Home in Blue Bell

      Comfortable living in a desirable community with a versatile floorplan.
      262 Copper Beech Dr, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      9,073 SF

      Historic Tavern in Blue Bell/Ambler

      Pennsylvania's oldest licensed tavern in affluent Blue Bell/Ambler market.
      901 Butler Pike, Ambler, PA 19422
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,075 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
    • $21 SF/Yr
      14,122 SF

      Blue Bell Executive Office Suites

      Modern Office Space, Prime Location
      325 Sentry Pkwy, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      202,962 SF

      Prime Blue Bell Executive Suites

      Class A Office Space, Multiple Suites Available
      785 Arbor Way, Blue Bell, PA 19422
      View Details
    • Contact for pricing
      3,000 SF

      Penllyn Office Space For Rent

      3,000 SF office space next to Penllyn Septa Train.
      401 Old Penllyn Pike, Penllyn, 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
      23,835 SF

      Prime Blue Bell Office Space

      Class A Office Suites, 2,800-5,617 SF
      686 Dekalb Pike, 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.
    581 Skippack Pike
    Blue Bell, PA 19422
    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.