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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Commercial land
1013 Glasco Dr, Pennsburg, PA 18073-2230
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5342805
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Total area
4,606 SF
Lot
2.62 ac (114,127 SF)
Zoning code
R1
APN
57-00-01540-01-4
UPID
US73-5342805
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
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Fox Clearing LLC · 5 yrs held
Fox Clearing LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
R1 · Pennsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+174.6%
Retail stores
$1.2M
+150.2%
Office building
$755,000
+52.0%
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 Pennsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pennsburg 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
$1,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,360,000
Change: +175% · Conversion: Difficult
RETAIL STORES
$1,240,000
Change: +150% · Conversion: Easy
OFFICE BUILDING
$755,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$725,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10% · vs last sale $1.13M (Mar 17 2021)
Last sale anchor
$1.13M
Mar 17 2021
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
$241 / 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
$1,592
Tax year 2023
Assessed value
$47,480
Assessed 2024
Previous assessed
$47,480
+0.0% YoY
Effective rate
3.35%
On assessed value
Total market value
$47,480
Applied tax rate
57.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
NONE
Total area
4,606 SF
Lot
2.62 ac (114,127 SF)
Zoning code
R1
APN
57-00-01540-01-4
UPID
US73-5342805
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Pennsburg, PA
Zoning R1 · permitted uses
R1 · Pennsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pennsburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
OFFICE BUILDING
Est. value
$755,000
MEDICAL BUILDING
Est. value
$725,000
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1960
Heating
NONE
Lot
2.62 ac
Current owner
From public records · entity-resolved
Fox Clearing LLC
Entity
Mailing address
227 GRANITE RUN DR STE #100, LANCASTER, PA 17601-6813
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2021
—
Fox Clearing LLC
—
Deed
related
$5,400,000 · Cnb Bank
Mar 17, 2021
$1,125,000
Fox Clearing LLC
Glenwood Chase Associates LP
Deed
—
Jan 6, 2017
—
Glenwood Chase Associates LP
—
Deed
related
$1,000,000 · Other Institutional Lenders
Sep 23, 2016
$400,000
Glenwood Chase Associates LP
Schultz,anne M
Grant Deed
—
—
—
Glenwood Chase Associates LP
—
Deed Of Trust
related
$1,000,000 · Other Institutional Lenders
—
—
Anne M Schultz
—
Deed Of Trust
related
$150,000 · Ameriquest Mortgage Corp
—
—
Anne M Schultz
—
Deed Of Trust
related
$45,000 · Landtrust Properties INC
—
—
John J Schutlz
—
Deed Of Trust
related
$15,500 · Keystone Farm Credit
—
—
John J Schultz
—
Deed Of Trust
related
$130,105 · National 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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