Add Listing
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

    617 Broad St Lansdale, PA 19446-2355

    • Apartment buildings
    • 8,226 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimations
    $900,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5914434
    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

    • T C Construction / Construction Company

    Property Details for 617 Broad St

    Year built
    1960
    Lot size
    0.26 lot acres
    Property size
    8,226 SF
    Zone code
    BPO
    Property type
    Apartment buildings
    APN
    11-00-00680-00-2
    APU
    110000680002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,252,000
      Market price range: $655k - $1.58M
      AI Estimate
      $543,000
      Market price range: $355k - $765k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,145,000
      Current use
      OFFICE BUILDING
      $1,345,000
      Change: +18% Conversion: Moderate
      MEDICAL BUILDING
      $1,295,000
      Change: +13% Conversion: Moderate
      RESTAURANT
      $1,155,000
      Change: +1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,070,000
      Change: -6% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $920,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansdale
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2788
    Latitude
    40.246
    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
    $15,697
    $0.00
    $0.00
    $373,150
    -
    $0.00
    $0.00
    $373,150

    Comparable in this City

    • Value Estimation
      $4,265,000
      21,411 SF

      1201 Columbia Ave

      APARTMENT HOUSE (5+ UNITS) • 21,411 SF
      1201 Columbia Ave, Lansdale, PA 19446-4260
      View Details
    • Value Estimation
      $805,000
      5,892 SF

      415 7th St

      APARTMENT HOUSE (5+ UNITS) • 5,892 SF
      415 7th St, Lansdale, PA 19446-2267
      View Details
    • Value Estimation
      $980,000
      8,448 SF

      330 8th St

      APARTMENT HOUSE (5+ UNITS) • 8,448 SF
      330 8th St, Lansdale, PA 19446-1800
      View Details
    • Value Estimation
      $805,000
      7,592 SF

      100 3rd St

      APARTMENT HOUSE (5+ UNITS) • 7,592 SF
      100 3rd St, Lansdale, PA 19446-2665
      View Details
    • Value Estimation
      $2,450,000
      37,557 SF

      319 Whites Rd

      APARTMENT HOUSE (5+ UNITS) • 37,557 SF
      319 Whites Rd, Lansdale, PA 19446-3554
      View Details
    • Value Estimation
      $890,000
      5,940 SF

      521 Broad St

      APARTMENT HOUSE (5+ UNITS) • 5,940 SF
      521 Broad St, Lansdale, PA 19446-2446
      View Details

    Similar Nearby for Sale

    • $349,900

      Lansdale Mixed-Use Investment Opportunity

      Income-generating property with retail space, apartment, and garage.
      515 N Broad St, Lansdale, PA 19446
      View Details
    • $359,900
      1,587 SF

      Victorian Twin in Lansdale Boro

      Victorian twin with rooming house and apartment potential.
      174 E Main St E, Lansdale, PA 19446
      View Details
    • New
      $880,000
      0.07 Acres

      Lansdale Redevelopment Opportunity Near Transit

      Redevelopment opportunity in Lansdale's Business District near train station.
      215 W Main St, Lansdale, PA 19446
      View Details
    • New
      $589,900
      2,581 SF

      Well-Maintained Brick Duplex Opportunity

      Charming duplex near downtown, ideal for living or investment.
      235 E 2Nd St, Lansdale, PA 19446
      View Details
    • $499,900

      Mixed-Use Property in Lansdale

      Mixed-use property with storefront, apartments, and garage near downtown.
      728 W Main St, Lansdale, PA 19446
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,108 SF

      Medical Office Space For Lease

      7,108 SF medical office space available for lease.
      909 Sumneytown Pike, Lansdale, PA 19446
      View Details
    • Contact for pricing
      11,167 SF

      Lansdale Commercial Land For Lease

      Prime Lansdale location, 11,167 sqft.
      10 Main St, Lansdale, PA 19446
      View Details
    • $12 SF/Yr
      48,000 SF

      Lansdale Retail Space Available

      Prime Lansdale retail space, 4,600-9,200 SF.
      850 Valley Forge Rd, Lansdale, PA 19446
      View Details
    • $1,175 /Mo

      Professional Office Space in Lansdale

      High-visibility office space suitable for various professional uses.
      920 N Broad St, Lansdale, PA 19446
      View Details
    • $1,175 /Mo

      Professional Office Space in Lansdale

      High-visibility office space suitable for startups or established businesses.
      920 N Broad St Unit, Lansdale, PA 19446
      View Details
    • Contact for pricing
      2,450 SF

      Lansdale Retail Space Available

      Retail space for lease in central Lansdale Borough.
      612-652 E Main St, Lansdale, PA 19446
      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.
    617 Broad St
    Lansdale, PA 19446-2355
    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.
    Sign Up Successful!
    You now have access to more from Realmo!