Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Investment properties
103 2nd St North Wales, PA 19454-3102
Individually Owned
~
Est. High Equity
Property ID
US73-2752134
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1973
Total area
9,512 SF
Lot
0.53 ac (22,918 SF)
Zoning code
CBD
APN
14-00-02828-00-2
UPID
US73-2752134
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
$1.24M
Blend (final)
Blend
$960k
Owner & transaction history
Michael Dinunzio JR.
Michael Dinunzio JR.
2 recorded transactions
Zoning & alternative use
CBD · North Wales, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I OR Office Residential District § 208-32 Intent; applicable regulations. § 208-33 Permitted uses. § 208-34 Dimensional requirements. § 208-35 Standards and criteria for special exceptions. § 208-36 Lighting. Article IX CBD Commercial Business District § 208-37 Intent; applicable regulations. § 208-38 Permitted uses. § 208-39 Dimensional requirements. § 208-…
Zone name
Commercial Business
General category
COMMERCIAL
Zone area
33.41 ac
Top alternative use upside
Office building
$1.6M
+52.0%
Medical building
$1.5M
+46.4%
Restaurant
$1.3M
+30.4%
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 North Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Wales 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
COMMERCIAL (GENERAL)
$1,025,000
Current use
OFFICE BUILDING
$1,555,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$1,500,000
Change: +46% · Conversion: Easy
RESTAURANT
$1,335,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,320,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,240,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$101 / 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
$17,898
Tax year 2023
Assessed value
$438,500
Assessed 2024
Previous assessed
$438,500
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$93,810
Assessed improvement
$344,690
Land market value
$93,810
Improvement market value
$344,690
Total market value
$438,500
Applied tax rate
14.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1973
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
13
Bathrooms
4
Total area
9,512 SF
Lot
0.53 ac (22,918 SF)
Zoning code
CBD
APN
14-00-02828-00-2
UPID
US73-2752134
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CBD · North Wales, PAZoning CBD · permitted uses
CBD · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
I OR Office Residential District § 208-32 Intent; applicable regulations. § 208-33 Permitted uses. § 208-34 Dimensional requirements. § 208-35 Standards and criteria for special exceptions. § 208-36 Lighting. Article IX CBD Commercial Business District § 208-37 Intent; applicable regulations. § 208-38 Permitted uses. § 208-39 Dimensional requirements. § 208-40 Additional requirements for special exceptions. Article X Transit Oriented Devel
Zone name
Commercial Business
General category
COMMERCIAL
Zone area
33.41 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
13
Bathrooms
4
Lot
0.53 ac
Current owner
From public records · entity-resolved
Michael Dinunzio JR.
Individual
Mailing address
PO BOX 318, WEST POINT, PA 19486-0318
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Michael Dinunzio JR.
—
Deed Of Trust
related
$100,000 · Harleysville Savings Bank
—
—
Aurelia Dinunzio
—
Deed Of Trust
related
$300,000 · 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.
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 103 2nd St?
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.
