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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Warehouses
100 Penn St Hatboro, PA 19040-2606
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1408656
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1940
Total area
19,445 SF
Lot
1.29 ac (56,053 SF)
Zoning code
HI
APN
08-00-05011-00-3
UPID
US73-1408656
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
-
Royson Engineering Company Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.90M
Owner & transaction history
Danish Endeavors LLC · 2 yrs held
Danish Endeavors LLC
since 2024
Last sale
$1.9M
1 recorded transaction
Zoning & alternative use
HI · Hatboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
of this chapter, it is hereby declared to be the intent of the HI Heavy Industrial District and the HI-MU Heavy Industrial - Mixed Use District to provide for a variety of manufacturing, fabricating, and processing plants with adjunctive office facilities in the Borough of Hatboro.
Zone name
Heavy Industrial
General category
MIXED_USE
Zone area
27.19 ac
Top alternative use upside
Medical building
$3.1M
+71.9%
Restaurant
$2.7M
+53.1%
Apartment house (5+ units)
$2.7M
+51.6%
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 Hatboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatboro 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,785,000
Current use
MEDICAL BUILDING
$3,065,000
Change: +72% · Conversion: Difficult
RESTAURANT
$2,730,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,705,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,535,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (May 16 2024)
Last sale anchor
$1.90M
May 16 2024
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
$98 / 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
$21,351
Tax year 2023
Assessed value
$440,610
Assessed 2024
Previous assessed
$440,610
+0.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$251,110
Assessed improvement
$189,500
Land market value
$251,110
Improvement market value
$189,500
Total market value
$440,610
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1940
Heating
OTHER
Cooling
NONE
Stories
2
Rooms
18
Bathrooms
2
Total area
19,445 SF
Lot
1.29 ac (56,053 SF)
Zoning code
HI
APN
08-00-05011-00-3
UPID
US73-1408656
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HI · Hatboro, PAZoning HI · permitted uses
HI · Hatboro, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
of this chapter, it is hereby declared to be the intent of the HI Heavy Industrial District and the HI-MU Heavy Industrial - Mixed Use District to provide for a variety of manufacturing, fabricating, and processing plants with adjunctive office facilities in the Borough of Hatboro.
Zone name
Heavy Industrial
General category
MIXED_USE
Zone area
27.19 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$3.1M
RESTAURANT
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1940
Heating
OTHER
Cooling
Yes
Stories
2
Rooms
18
Bathrooms
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
Danish Endeavors LLC
Entity
Mailing address
97 W LEVERING ML RD, BALA CYNWYD, PA 19004-2521
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
$1,900,000
Danish Endeavors LLC
Royson Engineering Company
Deed
$1,520,000 · Mid 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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