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Property profile & analytics
OFF-MARKET
Office buildings

814 Montgomery Ave Narberth, PA 19072-1928

4,180 SF 0.16 ac lot Built 1964
Entity Owned 13-yr Hold Free & Clear
Property ID
US73-5925036
Property summary
AI-generated overview

This exceptional retail property, located at 814 Montgomery Ave in Narberth, Pennsylvania, presents a compelling investment opportunity. The building, constructed in 1972 and renovated in 2015, offers 4,000 square feet of net rentable space across two stories. Currently vacant, this multi-tenant building is classified as Class B and features a desirable NNN lease type. The asking price is $850,000, translating to a price per square foot of $212.50 and an attractive 8.00% cap rate. The property boasts a prominent freestanding sign pylon, ensuring high visibility for tenants. Convenient on-site parking is also available. The building sits on a commercially zoned lot in Montgomery County, zip code 19072. With two units available, this property is ideal for owner-occupancy or investment purposes. The property's strategic location in Narberth, combined with its updated features and ample parking, makes it an attractive option for a variety of retail businesses. The building's single structure provides ease of management and maintenance. This is a rare opportunity to acquire a well-located, renovated retail building with significant upside potential.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1964
Total area 4,180 SF
Lot 0.16 ac (7,135 SF)
Zoning code C
APN 12-00-02563-00-8
UPID US73-5925036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Valley Plaza Partners Penn · 13 yrs held
Valley Plaza Partners Penn
since 2013
1 recorded transaction
2013
$600,000
Zoning & alternative use
C · Narberth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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