345 York RdHatboro, PA 19040

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

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.

• 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

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

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