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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Sports & entertainment properties
102 Township Line Rd Bechtelsville, PA 19505-9205
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5546003
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1930
Total area
840 SF
Lot
13.02 ac (567,151 SF)
APN
5398-17-21-1338
UPID
US73-5546003
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$810k
Owner & transaction history
Michael J Kelsch · 3 yrs held
Michael J Kelsch
since 2022
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
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 Bechtelsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bechtelsville 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
$855,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $775k (Jul 29 2022)
Last sale anchor
$775k
Jul 29 2022
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
$964 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,846
Tax year 2024
Assessed value
$363,100
Assessed 2024
Previous assessed
$363,100
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$355,900
Assessed improvement
$7,200
Land market value
$355,900
Improvement market value
$7,200
Total market value
$363,100
Applied tax rate
38.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1930
Heating
NONE
Total area
840 SF
Lot
13.02 ac (567,151 SF)
APN
5398-17-21-1338
UPID
US73-5546003
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Lot
13.02 ac
Current owner
From public records · entity-resolved
Michael J Kelsch
Individual
Mailing address
465 N FUNK RD, BOYERTOWN, PA 19512-8639
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2025
—
Michael J Kelsch
—
Deed
related
$650,000 · The Victory Bank
Jul 29, 2022
—
Michael J Kelsch
Michael Kelsch
Intrafamily Transfer
related
$735,000 · The Victory Bank
Aug 18, 2021
$775,000
Michael Kelsch
Longview Colebrookdale LLC
Deed
$575,000 · Longview Colebrookdale LLC
Jul 14, 2008
$1,025,000
Longview Colebrookdale LLC
Kelsch,francis J & Dawn A
Grant Deed
—
Mar 5, 2008
$3,350
Colebrookdale Township
Kelsch,francis J & Dawn A
Grant Deed
—
Apr 16, 2007
—
Francis J Kelsch
Kelsch,francis J
Quit Claim Deed
related
—
Dec 13, 2006
—
Francis J Kelsch
Kelsch,francis J & Dawn A
Quit Claim Deed
related
$335,000 · Apex Mortgage Corp
—
—
Francis J Kelsch
—
Deed Of Trust
related
$250,000 · Harold R Kemp
—
—
Kelsch,francis J & Dawn A
—
Deed Of Trust
related
$45,000 · Blue Ball Nat'l Bk
—
—
Kelsch,francis J & Dawn A
—
Deed Of Trust
related
$120,000 · Blue Ball Nat'l 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.
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