220 Germantown PikePlymouth Meeting, PA 19462

Property Details for 220 Germantown Pike

Year built

1960

Lot size

1.57 AC

Property size (Sq ft)

100,159 SF

Zone code

LI

Property type

Office properties

Property subtype

Office buildings

APN

49-00-04177-01-3

APU

490004177013

Description

This exceptional property at 220 W Germantown Pike, Plymouth Meeting, PA 19462 offers 67,926 square feet of first-floor office/flex space, complemented by an additional 6,401 square feet of second-floor office space, totaling 74,327 square feet. The building boasts a two-story lobby with abundant natural light, and features a multi-tenant configuration. Clear ceiling heights range from 17' to 22' at the deck and 15'6" to 19'6" to the bar joists, with column spacings of 28' x 43' and 20' x 42'. The first floor's rear section benefits from clerestory windows, creating a bright and open workspace. Convenient grade-level double doors at the rear offer potential for loading dock additions. The property is equipped with 2,000 amps of electrical service and provides ample parking with over 275 spaces. Recent upgrades include a new GAF TPO roof membrane (2018) and 20 new HVAC rooftop units. Its strategic location offers easy access to major roadways including the Blue Route, East & West PA Turnpike, Northeast Turnpike Extension, Route 76, Route 202, and Route 422, and is only 25 minutes from I-95. Zoned for Limited Industrial in Plymouth Township, this property is minutes from Plymouth Meeting and Metroplex Mall amenities, making it an ideal location for businesses seeking convenient access and a vibrant surrounding area. The property is suitable for a variety of uses including traditional office, creative office, flex space, warehouse, distribution, R&D, and executive office tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $24,881,048

  6.5%

  $22,967,122

  7%

  $21,326,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,174,740

  Geo Method

  $13,086,775

• Alternative Use

  Use

  Valuation

  Residential

  $28,479,230

  Hospitality

  $26,086,822

  Educational

  $21,703,930

  Medical

  $22,450,362

  Retail

  $33,761,668

Location Insight

City

Plymouth Meeting

County

Montgomery

State

Pennsylvania

Latitude

40.1064

Longitude

-75.2801

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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