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Property profile & analytics
OFF-MARKET
Estimated value
$6,415,000
Assisted living facilities
108 Main St Richlandtown, PA 18955-1014
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US73-2589458
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2015
Total area
33,530 SF
Lot
8.72 ac (379,800 SF)
Zoning code
RS
APN
37-002-031
UPID
US73-2589458
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
-
Phoebe Richland Nursing Home Retirement Community
-
Phoebe Richland Health Care Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.95M
Blend (final)
Blend
$6.42M
Owner & transaction history
Phoebe Richland Health Care · 26 yrs held
Phoebe Richland Health Care
since 2000
3 recorded transactions
Zoning & alternative use
RS · Richlandtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.2M
+15.2%
Medical building
$8.3M
+4.1%
Commercial (general)
$8.0M
+0.9%
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 Richlandtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richlandtown 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$7,950,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,160,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$8,275,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,020,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,790,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$6,945,000
Change: -13% · Conversion: Difficult
RETAIL STORES
$6,640,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.42M
Range $5.77M – $7.06M · ±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
$191 / 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
Applied tax rate
37.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2015
Heating
CENTRAL
Cooling
YES
Buildings
6
Stories
2
Units
168
Total area
33,530 SF
Lot
8.72 ac (379,800 SF)
Zoning code
RS
APN
37-002-031
UPID
US73-2589458
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RS · Richlandtown, PA
Zoning RS · permitted uses
RS · Richlandtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richlandtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$7.8M
OFFICE BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$6.6M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2015
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
6
Units
168
Lot
8.72 ac
Current owner
From public records · entity-resolved
Phoebe Richland Health Care
Individual
Mailing address
1925 W TURNER ST, ALLENTOWN, PA 18104-5513
Ownership since
2000
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 3, 2000
$4,330,000
Phoebe Richland Health Care
Zohlman Nursing Home INC
Grant Deed
$4,000,000 · First Union National Bank
—
—
Phoebe Richland Health Care Ce
—
Deed Of Trust
related
$18,249,000 · Bank Of Ny Mellon
—
—
Phoebe Richland Health Care
—
Deed Of Trust
related
$4,199 · East 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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