668 Bethlehem Pike Lansdale, PA 18936
- Strip malls
- 44,828 SF
- 4.71 lot acres
Current Use by Public Records
- Strip malls
Property Details for 668 Bethlehem Pike
- Year built
- 1973
- Lot size
- 4.71 lot acres
- Property size
- 44,828 SF
- Zone code
- C
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 46-00-00434-00-6
- APU
- 460000434006
Description
Northgate Plaza, located at 668 Bethlehem Pike in Montgomeryville, PA 18936, offers a unique retail investment opportunity. This single-story, 45,000 square foot building features six suites, with one 7,215 square foot space currently available. Situated in the Philadelphia suburbs, the property benefits from high visibility along Route 309 (Bethlehem Pike), boasting daily traffic exceeding 31,000 vehicles. Its strategic location near Montgomery Mall ensures excellent access to a large customer base. The property is zoned C-Commercial and offers a flexible layout suitable for various retail and service businesses. The building features a prominent pylon sign for maximum brand exposure and ample on-site parking with over 100 spaces. This exceptional property presents a rare chance to establish or expand a business in a thriving Montgomery County commercial area. The diverse space allows for both front retail and alternative rear retail uses, catering to a wide range of business needs. The strong demographics and high traffic count make this a highly desirable location for businesses seeking significant visibility and accessibility. Don't miss this chance to secure a prime space in this bustling retail corridor.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,070,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,960,000
- 6.5%
- $5,100,000
- 7%
- $4,995,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,540,000
- Geo Method
- $5,075,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,695,000
- Retail
- $4,525,000
- Mixed-Use
- $4,755,000
- Hospitality
- $5,185,000
- Educational
- $4,415,000
- Residential Income
- $5,825,000
- Energy
- $4,885,000
- Income-Based Land
- $4,950,000
- Food Service
- $4,845,000
Location Insight
- Map
- Local Demand
- City
- Montgomeryville
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.249
- Latitude
- 40.2554
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA