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Property profile & analytics
OFF-MARKET
Investment properties
1 Mele Ave Colmar, PA 18915-9601
Individually Owned
22-yr Hold
Property ID
US73-0180673
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1954
Total area
2,640 SF
Lot
0.8 ac (34,800 SF)
Zoning code
BP
APN
46-00-00448-00-1
UPID
US73-0180673
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rich Bowren - State Farm Insurance Agent Insurance Agency
-
Randy Noel - State Farm Insurance Agent Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard C Bowren · 22 yrs held
Richard C Bowren
since 2004
5 recorded transactions
Zoning & alternative use
BP · Colmar, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Colmar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colmar submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,029
Tax year 2023
Assessed value
$188,460
Assessed 2024
Previous assessed
$188,460
+0.0% YoY
Effective rate
3.73%
On assessed value
Assessed land
$55,750
Assessed improvement
$132,710
Land market value
$55,750
Improvement market value
$132,710
Total market value
$188,460
Applied tax rate
46.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1954
Heating
HEAT PUMP
Cooling
CENTRAL
Rooms
6
Bathrooms
1
Total area
2,640 SF
Lot
0.8 ac (34,800 SF)
Zoning code
BP
APN
46-00-00448-00-1
UPID
US73-0180673
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BP · Colmar, PA
Zoning BP · permitted uses
BP · Colmar, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colmar. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Heating
HEAT PUMP
Cooling
Yes
Rooms
6
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Richard C Bowren
Individual
Mailing address
1 MELE AVE, COLMAR, PA 18915-9601
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2019
—
Richard C Bowren
—
Deed
related
$375,000 · Covenant Bk
Mar 23, 2004
—
Richard C Bowren
Bowren,richard C
Quit Claim Deed
related
—
Mar 23, 2004
$440,000
Richard C Bowren
Bowren,richard C
Grant Deed
related
$352,000 · National Penn Bank
—
—
Richard C Bowren
—
Deed Of Trust
related
$375,000 · Covenant Bk
—
—
Richard C Bowren
—
Deed Of Trust
related
$337,000 · National Penn Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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