160 Rock Hill RdBala Cynwyd, PA 19004

  • Office buildings
  • 5,120 SF
For Sale
$1,500,000 View listing

Property Details for 160 Rock Hill Rd

Year built
1960
Lot size
0.98 AC
Property size (Sq ft)
5,120 SF
Zone code
C2
Property type
Office buildings
APN
40-00-51940-00-4
APU
400051940004

Description

This exceptional two-story executive office building, located at 160 Rock Hill Road in Bala Cynwyd, Pennsylvania, presents a unique investment opportunity. Boasting approximately 5,200 square feet of total space and 2,600 square feet of net rentable area, the property offers flexible floor plans ideal for a variety of businesses. Each floor features its own private entrance, enhancing privacy and convenience. Recent capital improvements have been made, ensuring the building is in excellent condition. The building benefits from an enviable location off Belmont Avenue in Lower Merion Township, providing exceptional regional highway access and a convenient commute to Center City Philadelphia. On-site parking is available for added convenience. The asking price for this prime Bala Cynwyd commercial property is $1,500,000. This presents a rare chance to acquire a well-maintained, strategically located office building in a highly desirable area. The property's combination of size, location, and recent upgrades makes it an attractive investment for discerning buyers seeking a strong return. The address is 19004, Montgomery County, PA.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $846,489
    6.5%
    $781,374
    7%
    $725,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $668,979
    Geo Method
    $668,979
  • Alternative Use

    Use
    Valuation
    Residential
    $968,904
    Hospitality
    $887,511
    Educational
    $738,399
    Medical
    $763,794
    Retail
    $1,148,620

Location Insight

City
Bala Cynwyd
County
Montgomery
State
Pennsylvania
Latitude
40.0214
Longitude
-75.2339
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
$25,653
$160,650
$453,570
$614,220
-
$160,650
$453,570
$614,220

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