794 Penllyn Blue Bell PikeBlue Bell, PA 19422

Property Details for 794 Penllyn Blue Bell Pike

Year built

1989

Lot size

2.38 AC

Property size (Sq ft)

31,012 SF

Zone code

C

Property type

Office properties

Property subtype

Office buildings

APN

66-00-05357-00-4

APU

660005357004

Description

This Class A office building, located at 794 Penllyn Blue Bell Pike, Blue Bell, PA 19422, offers a variety of flexible office spaces ideal for a range of businesses. The building, constructed in 1989, features a striking two-story atrium lobby with skylights and a koi pond, creating a welcoming atmosphere for clients and employees. The property totals 32,691 square feet, with individual suites ranging from a minimum of 2,000 square feet to a maximum contiguous space of 11,400 square feet. Multiple tenancy is available. Amenities include ample parking, conveniently located near Route 73, and close proximity to the Blue Bell Inn, King of Prussia, Plymouth Meeting, Bucks County, and Philadelphia. The building is zoned C and situated in the desirable Blue Bell submarket of Montgomery County. Suites feature kitchens and restrooms. This location is well-suited for businesses such as law firms, financial institutions, lending companies, sales organizations, and insurance agencies. The building has elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $7,703,862

  6.5%

  $7,111,257

  7%

  $6,603,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,079,264

  Geo Method

  $4,052,028

• Alternative Use

  Use

  Valuation

  Residential

  $8,817,958

  Hospitality

  $8,077,202

  Educational

  $6,720,138

  Medical

  $6,951,254

  Retail

  $10,453,547

Location Insight

City

Blue Bell

County

Montgomery

State

Pennsylvania

Latitude

40.1543

Longitude

-75.2642

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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