831 Dekalb PikeBlue Bell, PA 19422

Property Details for 831 Dekalb Pike

Year built

1986

Lot size

1.43 AC

Property size (Sq ft)

9,636 SF

Zone code

C

Property type

Office buildings

APN

66-00-01636-00-8

APU

660001636008

Description

This exceptional investment opportunity presents a 9,636 square foot office building situated on a 1.43-acre lot in the highly desirable Blue Bell, Pennsylvania area. The property, located at 831 Dekalb Pike, 19422, boasts a prime location within Montgomery County, offering excellent visibility and accessibility. Constructed in 1986, the two-story building features a contemporary design and is zoned C, allowing for versatile commercial use. The building comprises ten units, providing ample space for various business needs. With a proven track record in the Blue Bell market, this property is an ideal addition to any commercial real estate portfolio. The building's modern amenities and spacious layout create a dynamic workspace, attractive to both tenants and investors. The property's strategic positioning within Blue Bell, known for its affluent population and thriving business community, ensures strong potential for rental income and future appreciation. The asking price is $1,300,900, and the occupancy date is September 5th, 2024. The property's APN is 66-00-01636-00-8. This is a rare opportunity to acquire a well-maintained, versatile office building in a highly sought-after location. The substantial population and high average household income within a three-mile radius further solidify this property's investment potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,393,732

  6.5%

  $2,209,598

  7%

  $2,051,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,267,503

  Geo Method

  $1,259,040

• Alternative Use

  Use

  Valuation

  Residential

  $2,739,902

  Hospitality

  $2,509,736

  Educational

  $2,088,071

  Medical

  $2,159,882

  Retail

  $3,248,110

Location Insight

City

Blue Bell

County

Montgomery

State

Pennsylvania

Latitude

40.1688

Longitude

-75.2897

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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