Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,355,000
Office buildings
101 8th Ave Conshohocken, PA 19428-1779
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0204825
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1928
Total area
41,712 SF
Lot
0.51 ac (22,025 SF)
Zoning code
R1
APN
05-00-00396-00-4
UPID
US73-0204825
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
-
T&S Licensing and Consulting Consultant
-
Knucklehead Productions™,LLC Advertising Agency Marketing & Advertising
-
Forte Faces Spa & Massage Center Alternative Medicine Practice
-
Leonidas N Koletas PC Law Firm
-
Siegel Financial Group Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$3.36M
Owner & transaction history
Gressen Properties · 18 yrs held
Gressen Properties
since 2007
7 recorded transactions
Zoning & alternative use
R1 · Conshohocken, 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 Conshohocken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conshohocken 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
Blend value · Realmo final
$3.36M
Range $3.02M – $3.69M · ±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
$80 / 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
$51,235
Tax year 2023
Assessed value
$1,476,570
Assessed 2024
Previous assessed
$1,476,570
+0.0% YoY
Effective rate
3.47%
On assessed value
Total market value
$1,476,570
Applied tax rate
5.0000
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
1928
Heating
FORCED AIR
Cooling
CENTRAL
Total area
41,712 SF
Lot
0.51 ac (22,025 SF)
Zoning code
R1
APN
05-00-00396-00-4
UPID
US73-0204825
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Conshohocken, PA
Zoning R1 · permitted uses
R1 · Conshohocken, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conshohocken. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Heating
FORCED AIR
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
Gressen Properties
Entity
Mailing address
123 LEVERINGTON AVE, PHILADELPHIA, PA 19127-2003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2019
—
Gressen Properties LLC
—
Deed
related
$5,425,000 · Lakeland Bk
Nov 14, 2017
—
Gressen Properties LLC
—
Deed
related
$550,000 · Bryn Mawr Tr
Mar 7, 2017
—
Gressen Properties LLC
—
Deed
related
$250,000 · Bryn Mawr Tr
Aug 24, 2007
—
Gressen Properties
Conshohocken Boro
Grant Deed
related
—
Apr 8, 2003
$1,300,000
Gressen Prop LLC
Honeycutt,joseph Y JR
Grant Deed
—
Apr 8, 2003
$460,000
Gressen Prop LLC
Honeycutt,joseph Y JR
Grant Deed
$900,000 · Sun National Bank
—
—
Gressen Properties LLC
—
Deed Of Trust
related
$200,000 · Ambler Savings Bank
—
—
Gressen Properties LLC
—
Loan Modification
related
$200,000 · Continental Bk
—
—
Gressen Properties LLC
—
Deed Of Trust
related
$3,300,000 · Sovereign Bank
—
—
Gressen Properties LLC
—
Loan Modification
related
$250,000 · Bryn Mawr Tr
—
—
Gressen Properties LLC
—
Loan Modification
related
$550,000 · Bryn Mawr Tr
—
—
Gressen Properties LLC
—
Deed Of Trust
related
$925,000 · Ambler Savings Bank
—
—
Gressen Properties LLC
—
Deed Of Trust
related
$1,775,000 · Ambler Savings Bank
—
—
Gressen Properties LLC
—
Deed Of Trust
related
$5,425,000 · Lakeland Bk
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?”
You own 101 8th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
