200 Pennsylvania AveOreland, PA 19075

  • Healthcare properties
  • 9,982 SF
For Sale

Property Details for 200 Pennsylvania Ave

Year built
1920
Lot size
0.65 AC
Property size (Sq ft)
9,982 SF
Zone code
CR
Property type
Healthcare properties
Property subtype
Medical offices
APN
54-00-13303-00-8
APU
540013303008

Description

This exceptional office building, located at 200 E. Pennsylvania Avenue in Oreland, Pennsylvania, presents a fantastic opportunity for businesses seeking flexible and conveniently located space. The property is classified as a traditional office building and offers a versatile square footage range of 1,000 to 3,000 square feet, catering to a variety of business needs and sizes. Situated in Montgomery County, with a zip code of 19075, this property boasts a highly desirable location. The address is easily accessible, offering both ample onsite parking and convenient street parking for employees and clients. The building itself is a traditional office structure, designed to provide a professional and functional workspace. This presents a rare opportunity to acquire a well-situated office building in a thriving Pennsylvania community. The property's location in Oreland provides easy access to major transportation routes, making commuting simple and convenient. This makes it an ideal location for businesses seeking a balance between accessibility and a professional atmosphere. The flexible square footage allows for customization to suit specific business requirements, making it a truly adaptable and valuable asset. The combination of ample parking and a prime location makes this office building a highly attractive proposition for businesses of all sizes. Serious inquiries are encouraged to explore this exceptional opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,650,323
    6.5%
    $1,523,375
    7%
    $1,414,562
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,304,248
    Geo Method
    $1,304,248
  • Alternative Use

    Use
    Valuation
    Residential
    $1,888,985
    Hospitality
    $1,730,300
    Educational
    $1,439,589
    Medical
    $1,489,099
    Retail
    $2,239,361
200 Pennsylvania Ave, Oreland, Pennsylvania

Location Insight

City
Oreland
County
Montgomery
State
Pennsylvania
Latitude
40.118
Longitude
-75.1799
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
$14,108
$152,060
$137,230
$289,290
-
$152,060
$137,230
$289,290

FAQs

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