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Property profile & analytics
OFF-MARKET
Estimated value
$99,915,000
High-rise multifamily apartments
101 Washington St Conshohocken, PA 19428-2510
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-3050126
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2022
Total area
426,711 SF
Lot
6.04 ac (263,102 SF)
Zoning code
HI
APN
05-00-00036-00-4
UPID
US73-3050126
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
-
Matson Mill Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$81.75M
Blend (final)
Blend
$99.92M
Owner & transaction history
Neve,sara R Trust · 5 yrs held
Neve,sara R Trust
since 2020
Last sale
$109.0M
5 recorded transactions
Zoning & alternative use
HI · Conshohocken, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$126.1M
+112.7%
Retail stores
$114.9M
+93.7%
Office building
$69.8M
+17.7%
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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$126,125,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$114,900,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$69,820,000
Change: +18% · Conversion: Moderate
COMMERCIAL (GENERAL)
$68,245,000
Change: +15% · Conversion: Moderate
MEDICAL BUILDING
$67,260,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$99.92M
Range $89.92M – $109.91M · ±10% · vs last sale $109.00M (Jul 31 2024)
Last sale anchor
$109.00M
Jul 31 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
$234 / 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
$1,120,683
Tax year 2023
Assessed value
$32,298,190
Assessed 2024
Previous assessed
$13,903,650
+132.3% YoY
Effective rate
3.47%
On assessed value
Total market value
$32,298,190
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2022
Heating
NONE
Cooling
NONE
Stories
2
Units
280
Total area
426,711 SF
Lot
6.04 ac (263,102 SF)
Zoning code
HI
APN
05-00-00036-00-4
UPID
US73-3050126
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HI · Conshohocken, PAZoning HI · permitted uses
HI · Conshohocken, 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
AUTO REPAIR, GARAGE
Est. value
$126.1M
RETAIL STORES
Est. value
$114.9M
OFFICE BUILDING
Est. value
$69.8M
COMMERCIAL (GENERAL)
Est. value
$68.2M
MEDICAL BUILDING
Est. value
$67.3M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2022
Heating
NONE
Cooling
Yes
Stories
2
Units
280
Lot
6.04 ac
Current owner
From public records · entity-resolved
Neve,sara R Trust
Trust
Mailing address
101 WASHINGTON ST, CONSHOHOCKEN, PA 19428-2510
Ownership since
2020
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
Oct 22, 2024
—
101 Washington Street Property Owne
—
Deed
related
$64,136,000 · Cbre Capital Markets INC
Oct 1, 2020
—
Neve,sara R Trust
Neve Sara R Trust
Quit Claim Deed
related
$49,454,437 · Santander Bk NA
Jul 31, 2018
—
Riverfront,s R N 2015 Prop Trust
Neve,sarah R
Quit Claim Deed
related
—
Apr 12, 2013
—
James J Neve
Neve James J 2006 Trust
Quit Claim Deed
related
—
Dec 31, 2012
—
Neve James J 2006 Trust
Neve,james J & Sarah R
Quit Claim Deed
related
—
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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