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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Investment properties
103 Narberth Ave Narberth, PA 19072-1980
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0883464
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Total area
3,870 SF
Lot
0.03 ac (1,320 SF)
Zoning code
C
APN
12-00-02722-00-2
UPID
US73-0883464
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
$905k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$726k
Blend (final)
Blend
$905k
Owner & transaction history
Narberth Property Holdings LLC · 1 yrs held
Narberth Property Holdings LLC
since 2024
Last sale
$906,403
7 recorded transactions
Zoning & alternative use
C · Narberth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+30.6%
Retail stores
$1.0M
+19.0%
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 Narberth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Narberth 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
$905,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Current use
AUTO REPAIR, GARAGE
$1,145,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,040,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $906k (Nov 25 2024)
Last sale anchor
$906k
Nov 25 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
$8,425
Tax year 2023
Assessed value
$177,630
Assessed 2024
Previous assessed
$177,630
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$120,980
Assessed improvement
$56,650
Land market value
$120,980
Improvement market value
$56,650
Total market value
$177,630
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1922
Heating
HOT WATER
Cooling
NONE
Total area
3,870 SF
Lot
0.03 ac (1,320 SF)
Zoning code
C
APN
12-00-02722-00-2
UPID
US73-0883464
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Narberth, PA
Zoning C · permitted uses
C · Narberth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Narberth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1922
Heating
HOT WATER
Cooling
Yes
Lot
0.03 ac
Current owner
From public records · entity-resolved
Narberth Property Holdings LLC
Entity
Mailing address
PO BOX 6TH 6, HAVERFORD, PA 19041-0006
Ownership since
2024
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
Dec 23, 2024
—
Narberth Property Holdings LLC
—
Deed
related
$301,730 · 103 N Narbeth LP
Nov 25, 2024
$906,403
Narberth Property Holdings LLC
103 N Narberth LP
Deed
$620,000 · Meridian Bank
Oct 6, 2021
—
103 North Narberth LP
—
Deed
related
$391,500 · Meridian Bank
Apr 5, 2019
—
103 N Narberth LP
—
Deed
related
$285,000 · Univest Bk & Tr Co
Apr 19, 2010
$370,000
103 North Narberth LP
Pelberg,michael S & Ann R
Grant Deed
$301,000 · Bryn Mawr Trust Co
Apr 19, 2010
—
Bryn Mawr Trust Co
103 N Narberth LP
Grant Deed
related
—
Mar 10, 1998
$200,000
Michael S Pelberg
Narberth Laundromat INC
Grant Deed
$315,000 · Bryn Mawr Trust Co
—
—
103 N Narberth LP
—
Deed Of Trust
related
$285,000 · Univest Bk & Tr Co
—
—
Michael S Pelberg
—
Deed Of Trust
related
$18,000 · Bryn Mawr Trust Co
—
—
103 N Narberth LP
—
Loan Modification
related
$432,000 · Univest Bk & Tr Co
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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