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Property profile & analytics
FOR LEASE
Office buildings
100 Springhouse Dr Collegeville, PA 19426
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2765161
For Lease
$5,570,000
100 Springhouse Dr, Collegeville, PA 19426
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
32,038 SF
Lot
4 ac (174,240 SF)
Zoning code
IO
APN
61-00-01009-03-7
UPID
US73-2765161
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
-
ENGAGE CPAs LLC Accounting Firm
-
PeopleShare Corporate Office Employment Agency
-
Computer Sciences Corporation Pharmacy
-
US Digestive Health at Collegeville Physician
-
Coldwell Banker Hearthside: Stephen Hadfield Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.29M
Blend (final)
Blend
$5.57M
Owner & transaction history
One Providence LP · 24 yrs held
One Providence LP
since 2002
Last sale
$5.1M
4 recorded transactions
Zoning & alternative use
IO · Collegeville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.6M
+64.6%
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 Collegeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collegeville 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
$5,780,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,240,000
Current use
RETAIL STORES
$8,625,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$5,050,000
Change: -4% · Conversion: Easy
RESTAURANT
$4,495,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,455,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$5.57M
Range $5.01M – $6.13M · ±10% · vs last sale $5.10M (Mar 18 2020)
Last sale anchor
$5.10M
Mar 18 2020
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
$174 / 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
$93,430
Tax year 2023
Assessed value
$2,423,340
Assessed 2024
Previous assessed
$2,423,340
+0.0% YoY
Effective rate
3.86%
On assessed value
Total market value
$2,423,340
Applied tax rate
61.0000
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
For Lease
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Total area
32,038 SF
Lot
4 ac (174,240 SF)
Zoning code
IO
APN
61-00-01009-03-7
UPID
US73-2765161
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IO · Collegeville, PA
Zoning IO · permitted uses
IO · Collegeville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collegeville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.2M
RETAIL STORES
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$5.1M
RESTAURANT
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
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
2003
Heating
FORCED AIR
Cooling
Yes
Lot
4 ac
Current owner
From public records · entity-resolved
One Providence LP
Entity
Mailing address
1060 WHITEGATE RD, WAYNE, PA 19087-2183
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
—
100 Springhouse Drive LP
—
Deed
related
$1,800,000 · Univest Bank & Trust Co
Mar 27, 2002
—
One Providence LP
Providence Corporate Center LP
Quit Claim Deed
related
—
—
—
Michael A Nolen
—
Deed Of Trust
related
—
—
—
One Providence LP
—
Deed Of Trust
related
$3,520,000 · Sovereign 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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