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Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Office buildings
10 Athens Ave Ardmore, PA 19003-2115
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2466059
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
41,960 SF
Lot
0.86 ac (37,500 SF)
Zoning code
ASDD2
APN
40-00-02364-00-8
UPID
US73-2466059
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
-
7 Wonders Cinema Film Production Television Studio
-
Stephen Hildebrand, Esq. abogado de inmigracion y criminal Law Firm
-
Gallo Hildebrand LLP Law Firm
-
Podiatry Management Magazine Medical Clinic
-
Home for Anxiety, Repetitive Behaviors, OCD, and Related Disorders (HARBOR) Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.41M
Blend (final)
Blend
$3.93M
Owner & transaction history
Heagle Associates · 15 yrs held
Heagle Associates
since 2011
5 recorded transactions
Zoning & alternative use
ASDD2 · Ardmore, 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 Ardmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ardmore 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,890,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,830,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$94 / SF
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
$76,218
Tax year 2023
Assessed value
$1,825,000
Assessed 2024
Previous assessed
$1,825,000
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$1,825,000
Applied tax rate
40.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
NONE
Stories
2
Total area
41,960 SF
Lot
0.86 ac (37,500 SF)
Zoning code
ASDD2
APN
40-00-02364-00-8
UPID
US73-2466059
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
ASDD2 · Ardmore, PAZoning ASDD2 · permitted uses
ASDD2 · Ardmore, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Heagle Associates
Entity
Mailing address
595 E LANCASTER AVE STE #303, SAINT DAVIDS, PA 19087-5146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Feb 1, 2011
—
Heagle Associates
—
Deed Of Trust
related
$2,800,000 · Private Individual
Feb 18, 2000
—
Kelso Co
—
Deed Of Trust
related
$1,850,000 · New Century Bank
Apr 16, 1998
—
Kelso Co
—
Deed Of Trust
related
$1,925,000 · Progress Bank
—
—
David S Kelso
—
Deed Of Trust
related
$250,000 · J Boyd Kelso Estate
—
—
Kelso Co
—
Deed Of Trust
related
$75,000 · New Century 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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