345 York RdHatboro, PA 19040

  • Office properties
  • 1,264 SF
For Sale
$850,000 View listing

Property Details for 345 York Rd

Year built
1985
Lot size
0.03 AC
Property size (Sq ft)
1,264 SF
Zone code
O
Property type
Office properties
Property subtype
Other office properties
APN
08-00-06403-60-9
APU
80006403609

Description

This exceptional 4,451 square foot medical office building is available for lease in the desirable Hatboro, Pennsylvania market. Located at 345 N York Rd, in Montgomery County, this single-tenant property presents a unique opportunity for medical practices seeking a spacious and well-maintained facility. The entire building is currently vacant, offering immediate occupancy for a new tenant. The property's convenient location provides easy access for patients and staff, with ample parking readily available (though specific parking details are not provided). The building's 4,451 square feet offer a flexible layout adaptable to various medical specialties. This presents a chance to establish a prominent presence in a thriving community. The property is classified as an office building with a medical office subtype, ensuring it meets the specific needs of healthcare professionals. The address is 345 N York Rd, Hatboro, PA 19040. Interested parties should inquire for further details regarding lease terms and conditions. This is a single-tenant occupancy building, providing privacy and control over the entire space. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This presents a rare opportunity to secure a substantial and well-located medical office space in a highly sought-after area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $208,977
    6.5%
    $192,902
    7%
    $179,123
  • Comparable approach

    Method
    Valuation
    Relative Method
    $165,154
    Geo Method
    $165,154
  • Alternative Use

    Use
    Valuation
    Residential
    $239,198
    Hospitality
    $219,104
    Educational
    $182,292
    Medical
    $188,562
    Retail
    $283,566
345 York Rd, Hatboro, Pennsylvania

Location Insight

City
Hatboro
County
Montgomery
State
Pennsylvania
Latitude
40.1829
Longitude
-75.1055
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
$4,269
-
-
$88,110
-
-
-
$88,110

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