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    626 Easton Rd Glenside, PA 19038-4310
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    626 Easton Rd Glenside, PA 19038-4310

    View on Map
    • Specialty properties
    • 7,282 SF
    • 2.20 lot acres
    Off-Market
    Property ID
    US73-5922096
    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
    $670,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Milestone Inc / Nursing Home / Retirement Community

    Property Details for 626 Easton Rd

    Year built
    1950
    Lot size
    2.20 lot acres
    Property size
    7,282 SF
    Zone code
    AO
    Property type
    Specialty properties
    APN
    30-00-13776-00-9
    APU
    300013776009

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $755,000
      Current use
      OFFICE BUILDING
      $935,000
      Change: +23% Conversion: Difficult
      RESTAURANT
      $705,000
      Change: -7% Conversion: Difficult
      RETAIL STORES
      $665,000
      Change: -12% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $610,000
      Change: -19% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $610,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenside
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1441
    Latitude
    40.1119
    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
    $0.00
    $276,010
    $261,100
    $537,110
    -
    $276,010
    $261,100
    $537,110

    Comparable in this City

    • Value Estimation
      $1,240,000
      10,690 SF

      2519 Jenkintown Rd

      CHARITABLE ORGANIZATION • 10,690 SF
      2519 Jenkintown Rd, Glenside, PA 19038-3713
      View Details
    • Value Estimation
      $1,115,000
      7,155 SF

      354 Easton Rd

      FUNERAL HOME • 7,155 SF
      354 Easton Rd, Glenside, PA 19038-3911
      View Details
    • Value Estimation by Request
      1,698 SF

      804 Abington Ave

      CHARITABLE ORGANIZATION • 1,698 SF
      804 Abington Ave, Glenside, PA 19038-5201
      View Details
    • Value Estimation by Request
      8,356 SF

      2135 Jenkintown Rd

      VETERINARY, ANIMAL HOSPITAL • 8,356 SF
      2135 Jenkintown Rd, Glenside, PA 19038-5309
      View Details
    • Value Estimation
      $505,000
      6,535 SF

      814 Bethlehem Pike

      FUNERAL HOME • 6,535 SF
      814 Bethlehem Pike, Erdenheim, PA 19038-8113
      View Details
    • Value Estimation
      $600,000
      4,820 SF

      2 Easton Rd

      CHARITABLE ORGANIZATION • 4,820 SF
      2 Easton Rd, Glenside, PA 19038-3423
      View Details

    Similar Nearby for Sale

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      Land available in Glenside, Pennsylvania.
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      Retail Condominium Strip Center

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      Retail Space For Sale

      Retail space available, approximately 1,867 square feet.
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      Flourtown Medical Office Building for Sale

      Leased to University of Pennsylvania Health System with annual increases.
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      GLENSIDE Office Space For Sale

      3,262 sq ft office space ideal for professional services.
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      Three-Story Office Building For Sale

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    Similar Nearby for Lease

    • $3,100 /Mo

      Commercial Space for Rent

      Commercial space available for rent in Erdenheim, PA.
      717 Bethlehem Pike, Erdenheim, PA 19038
      View Details
    • $2,400 /Mo
      13,403 SF

      Historic Glenside Commercial Space Available

      Unique commercial space with high visibility on Bethlehem Pike.
      1120 Bethlehem Pike, Glenside, PA 19038
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    • $1,395 /Mo

      Glenside Commercial Space For Lease

      Retail or office space with great exposure in Glenside.
      107 S Easton Rd, Glenside, PA 19038
      View Details
    • $225 SF/Yr

      Keswick Village Garage Space Available

      Secure garage space for rent in the heart of Keswick.
      272 N Keswick Ave, Glenside, PA 19038
      View Details
    • $2,200 /Mo

      Retail Space on Easton Road

      Retail space available for rent on North Easton Road.
      852 N Easton Rd, Glenside, PA 19038
      View Details
    • Contact for pricing
      21,383 SF

      Industrial Space Available For Lease

      21,383 square feet of industrial space for lease.
      1300 E Mermaid Ln, Glenside, PA 19038
      View Details
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    626 Easton Rd
    Glenside, PA 19038-4310
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    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
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