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Property profile & analytics
OFF-MARKET
Estimated value
$3,550,000
Warehouses
1030 Germantown Pike East Norriton, PA 19403-3929
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0144617
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Total area
34,183 SF
Lot
2.16 ac (94,090 SF)
Zoning code
I
APN
33-00-02908-00-2
UPID
US73-0144617
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
-
Reliable Companies East Norriton Marketing & Advertising Printing Service
-
FedEx Drop Box Postal Service Courier Service
-
Gambone Group Property Management Company
-
Gambone Construction Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$3.55M
Owner & transaction history
Ne Ind Owner-2 LLC · 5 yrs held
Ne Ind Owner-2 LLC
since 2021
Last sale
$3.5M
3 recorded transactions
Zoning & alternative use
I · East Norriton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.4M
+76.8%
Apartment house (5+ units)
$4.9M
+61.8%
Restaurant
$4.8M
+57.4%
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 East Norriton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Norriton 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
$4,560,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,045,000
Current use
MEDICAL BUILDING
$5,390,000
Change: +77% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,930,000
Change: +62% · Conversion: Difficult
RESTAURANT
$4,800,000
Change: +57% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,455,000
Change: +46% · Conversion: Moderate
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±10% · vs last sale $3.53M (Jul 20 2021)
Last sale anchor
$3.53M
Jul 20 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
$104 / 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
$74,333
Tax year 2023
Assessed value
$1,577,900
Assessed 2024
Previous assessed
$1,577,900
+0.0% YoY
Effective rate
4.71%
On assessed value
Total market value
$1,577,900
Applied tax rate
33.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
OTHER
Cooling
NONE
Stories
2
Rooms
18
Bathrooms
4
Total area
34,183 SF
Lot
2.16 ac (94,090 SF)
Zoning code
I
APN
33-00-02908-00-2
UPID
US73-0144617
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · East Norriton, PA
Zoning I · permitted uses
I · East Norriton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Norriton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
RESTAURANT
Est. value
$4.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1970
Heating
OTHER
Cooling
Yes
Stories
2
Rooms
18
Bathrooms
4
Lot
2.16 ac
Current owner
From public records · entity-resolved
Ne Ind Owner-2 LLC
Entity
Mailing address
3050 K ST NW STE #125, WASHINGTON, DC 20007-5122
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$3,534,496
Ne Ind Owner-2 LLC
Sharon G Corp
Special Warranty Deed
$167,844,099 · Canadian Imperial Bank
Sep 4, 2018
—
Sharon G Corp
—
Loan Modification
related
$50,000,000 · Capital One Nat'l Assn
Sep 26, 2016
—
Sharon G Corp
—
Deed
related
$50,000 · Capital One Bank NA
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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