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Property profile & analytics
FOR SALE
Office buildings
906 Bethlehem Pike, Glenside, PA 19038
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-5864156
For Sale
1 / 2
$9,010,000
906 Bethlehem Pike, Glenside, PA 19038
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
16,335 SF
Lot
1.36 ac (59,198 SF)
Zoning code
B1
APN
52-00-01762-00-4
UPID
US73-5864156
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
Current use
Occupant on record · Public records
-
Merakey Social Service Agency Charitable Organization
-
AMICA Leasing Co Corporation Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$3.03M
Owner & transaction history
906 Bp LLC · 2 yrs held
906 Bp LLC
since 2024
Last sale
$2.9M
4 recorded transactions
Zoning & alternative use
B1 · Erdenheim, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.8M
+80.6%
Retail stores
$4.4M
+64.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glenside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,565,000
6.5%
$4,215,000
7%
$3,915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,675,000
Current use
AUTO REPAIR, GARAGE
$4,830,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$4,400,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$2,575,000
Change: -4% · Conversion: Easy
RESTAURANT
$2,295,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,270,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±10% · vs last sale $2.90M (Mar 3 2024)
Last sale anchor
$2.90M
Mar 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$185 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,954
Tax year 2023
Assessed value
$1,463,900
Assessed 2024
Previous assessed
$1,463,900
+0.0% YoY
Effective rate
4.71%
On assessed value
Assessed land
$393,770
Assessed improvement
$1,070,130
Land market value
$393,770
Improvement market value
$1,070,130
Total market value
$1,463,900
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1980
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
16,335 SF
Lot
1.36 ac (59,198 SF)
Zoning code
B1
APN
52-00-01762-00-4
UPID
US73-5864156
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Erdenheim, PA
Zoning B1 · permitted uses
B1 · Erdenheim, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erdenheim. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$4.8M
RETAIL STORES
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
HEAT PUMP
Cooling
Yes
Lot
1.36 ac
Current owner
From public records · entity-resolved
906 Bp LLC
Entity
Free & Clear · 2 yrs held
Mailing address
620 GERMANTOWN PIKE, LAFAYETTE HILL, PA 19444-1810
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
$2,900,000
906 Bp LLC
Nhs Hiuman Services INC
Deed
—
Dec 30, 2009
—
Nhs Human Services INC
Cri Northwestern I Tr
Deed
—
Apr 24, 2007
—
Hanson Jon F Tr
Cri Northwestern I
Grant Deed
$4,754,471 · Commerce Bank NA
Sep 2, 1997
$1,421,636
Cri Northwestern 1 Trust
Northwestern Human Svcs INC
Grant Deed
related
$16,239,649 · Legg Mason Real Estate Service
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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