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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Apartment buildings
1113 Main St Lansdale, PA 19446-1943
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-5565961
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
7,176 SF
Lot
0.28 ac (12,375 SF)
Zoning code
RA
APN
11-00-09748-00-6
UPID
US73-5565961
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
$830k
Blend (final)
Blend
$765k
Owner & transaction history
Cnsy LLC · 8 yrs held
Cnsy LLC
since 2018
7 recorded transactions
Zoning & alternative use
RA · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of this zone to provide well-designed residential land uses and uses accessory to the same to maintain and enhance the residential environment of neighborhoods, promoting uniformity of sizes and densities
Zone name
Residential A
General category
RESIDENTIAL
Zone area
929.45 ac
Source
Realmo
Top alternative use upside
Office building
$1.2M
+17.7%
Medical building
$1.1M
+13.4%
Restaurant
$1.0M
+1.0%
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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
APARTMENT HOUSE (5+ UNITS)
$995,000
Current use
OFFICE BUILDING
$1,175,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$1,130,000
Change: +13% · Conversion: Moderate
RESTAURANT
$1,005,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$935,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$800,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$107 / 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
$10,401
Tax year 2023
Assessed value
$247,270
Assessed 2024
Previous assessed
$247,270
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$106,280
Assessed improvement
$140,990
Land market value
$106,280
Improvement market value
$140,990
Total market value
$247,270
Applied tax rate
11.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
6
Rooms
18
Bathrooms
4
Total area
7,176 SF
Lot
0.28 ac (12,375 SF)
Zoning code
RA
APN
11-00-09748-00-6
UPID
US73-5565961
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RA · Lansdale, PAZoning RA · permitted uses
RA · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the intent of this zone to provide well-designed residential land uses and uses accessory to the same to maintain and enhance the residential environment of neighborhoods, promoting uniformity of sizes and densities
Zone name
Residential A
General category
RESIDENTIAL
Zone area
929.45 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$995,000
OFFICE BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$935,000
INDUSTRIAL (GENERAL)
Est. value
$800,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
FORCED AIR
Cooling
Yes
Stories
2
Units
6
Rooms
18
Bathrooms
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Cnsy LLC
Entity
Mailing address
2047 PLEASANT VLY DR, LANSDALE, PA 19446-4461
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2018
$680,000
Cnsy LLC
Snyder,gerald W & Mary E
Grant Deed
$510,000 · William Penn Bk Fsb
Dec 1, 2010
—
Univest Natl Bk & Trust Co
Snyder,gerald W & Mary E
Grant Deed
related
—
May 2, 2008
$544,500
Gerald W Snyder
Decembrino,james R & Donna L
Grant Deed
$350,000 · James R & Donna L Decembrino
—
—
Gerald W Snyder
—
Loan Modification
related
$287,225 · Univest Bk & Tr Co
—
—
James R Decembrino
—
Deed Of Trust
related
$50,000 · Quakertown National Bank
—
—
James R Decembrino
—
Deed Of Trust
related
$180,000 · Quakertown National Bank
—
—
James R Decembrino
—
Deed Of Trust
related
$135,000 · Quakertown National Bank
—
—
Cnsy LLC
—
Deed Of Trust
related
$480,000 · Td Bk NA
—
—
Cnsy LLC
—
Deed Of Trust
related
$480,000 · Td Bk 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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