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Property profile & analytics
OFF-MARKET Estimated value $4,885,000
Office buildings

822 Montgomery Ave Narberth, PA 19072-1937

26,021 SF 0.8 ac lot Built 1986
Individually Owned Absentee Owner Free & Clear
Property ID
US73-5837835
Property summary
AI-generated overview

This exceptional executive office space at 822 Montgomery Avenue in Narberth, Pennsylvania, offers a unique opportunity for businesses seeking a prestigious address. The building, a three-story Class B property totaling 28,000 square feet, underwent renovations in 2020, ensuring modern amenities within a well-established structure. Currently, there is 600 square feet of immediately available space, divisible into units as small as 600 square feet, with a maximum contiguous space of 600 square feet. The building features thirteen suites in total, providing a diverse range of potential tenants. Ample parking is available with 78 spaces. The building boasts a passenger elevator for convenient access to all three floors. Located on Montgomery Avenue, near Woodbine Avenue, this property benefits from a highly desirable commercial zoning designation within the Narberth submarket. Built in 1986, the building offers a blend of established character and modern updates. Utilities include abundant power. Plumbing is available for an additional cost. This location is ideal for medical offices or other businesses seeking a convenient and well-equipped workspace in a thriving community. The property's convenient location and modern amenities make it an attractive option for businesses of all sizes.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Total area 26,021 SF
Lot 0.8 ac (34,886 SF)
Zoning code C
APN 12-00-02566-00-5
UPID US73-5837835
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.47M
Blend (final) Blend
$4.89M
Owner & transaction history
MONTGOMERY CIDA
MONTGOMERY CIDA
Zoning & alternative use
C · Narberth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.7M +80.6%
Retail stores $7.0M +64.6%
Commercial (general) $5.9M +38.3%
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