601 Bethlehem Pike Montgomeryville, PA 18936
- Office Properties & Spaces
- 9,089 SF
- 0.21 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 601 Bethlehem Pike
- Year built
- 2003
- Lot size
- 0.21 lot acres
- Property size
- 9,089 SF
- Zone code
- BP
- Property type
- Office Properties & Spaces
- APN
- 46-00-00247-00-4
- APU
- 460000247004
Description
This exceptional 9,300 square foot office building, situated at 601 Bethlehem Pike (Route 309) in Montgomeryville, Pennsylvania, presents a compelling investment opportunity. The property boasts a superior, high-visibility location with prominent signage, benefiting from excellent demographics and over 31,000 vehicles daily. The building comprises two units. Unit D1, encompassing approximately 5,541 square feet, features a current dental/medical fit-out including nine exam areas, a waiting room, lab spaces, four private offices, a conference room, and four restrooms (two private), plus a break room. Unit D2, measuring approximately 3,759 square feet, is currently leased until May 31, 2024, and includes five private offices, two open work areas, a kitchenette, and three restrooms. The single-story building sits on a lot zoned BP and offers a total of 9,300 square feet, priced at $1,950,000 ($209.68 per square foot). This prime location and versatile space make it ideal for a variety of professional uses. The property's high traffic count and prominent visibility ensure maximum exposure for any business. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,460,000
- 6.5%
- $1,445,000
- 7%
- $1,275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,520,000
- Geo Method
- $1,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,480,000
- Retail
- $1,475,000
- Mixed-Use
- $1,270,000
- Hospitality
- $1,230,000
- Educational
- $1,265,000
- Residential Income
- $1,120,000
- Energy
- $1,545,000
- Income-Based Land
- $1,245,000
- Food Service
- $1,410,000
Location Insight
- Map
- Local Demand
- City
- Montgomeryville
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.2488
- Latitude
- 40.2608
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA