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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Apartment buildings
1000 Queen St, Pottstown, PA 19464-5871
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5920831
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
6,150 SF
Lot
0.07 ac (3,225 SF)
Zoning code
RMHD
APN
16-00-23260-00-7
UPID
US73-5920831
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$705k
Owner & transaction history
Lgc Real Estate LLC · 2 yrs held
Lgc Real Estate LLC
since 2023
7 recorded transactions
Zoning & alternative use
RMHD · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+17.7%
Medical building
$970,000
+13.4%
Restaurant
$865,000
+1.0%
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 Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown 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
APARTMENT HOUSE (5+ UNITS)
$855,000
Current use
OFFICE BUILDING
$1,005,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$970,000
Change: +13% · Conversion: Moderate
RESTAURANT
$865,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$690,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$115 / 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
$9,206
Tax year 2023
Assessed value
$150,000
Assessed 2024
Previous assessed
$150,000
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$88,890
Assessed improvement
$61,110
Land market value
$88,890
Improvement market value
$61,110
Total market value
$150,000
Applied tax rate
16.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1900
Heating
ELECTRIC
Cooling
WINDOW A/C
Stories
3
Units
6
Total area
6,150 SF
Lot
0.07 ac (3,225 SF)
Zoning code
RMHD
APN
16-00-23260-00-7
UPID
US73-5920831
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RMHD · Pottstown, PA
Zoning RMHD · permitted uses
RMHD · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pottstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$855,000
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$970,000
RESTAURANT
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
INDUSTRIAL (GENERAL)
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1900
Heating
ELECTRIC
Cooling
Yes
Stories
3
Units
6
Lot
0.07 ac
Current owner
From public records · entity-resolved
Lgc Real Estate LLC
Entity
Mailing address
206 N 6TH ST, PERKASIE, PA 18944-1428
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2023
—
Lgc Real Estate LLC
Tudor Real Estate LLC
Deed
—
Nov 4, 2021
$325,000
Tudor Real Estate LLC
Angel D Rivera
Deed
$333,700 · Ifp Fund I LLC
Sep 10, 2012
$200,000
Angel D Rivera
Wedgewood Properties LP
Grant Deed
—
Oct 23, 2002
$175,000
Properties LP Wedgewood
Z Family Partnership
Grant Deed
$140,000 · Security National Bank
Apr 9, 1999
$110,000
Z Family Ptshp
Keystone Financial Bank NA
Grant Deed
—
Dec 28, 1998
$3,125
Keystone National Bank
Salamone,nicholas
Trustees Deed
related
—
—
—
Angel D Rivera
—
Deed Of Trust
related
$150,000 · Wells Fargo 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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