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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
1121 Walnut St Lansdale, PA 19446-1109
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-4068798
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2020
Total area
7,164 SF
Lot
1.09 ac (47,567 SF)
Zoning code
C
APN
35-00-11212-00-3
UPID
US73-4068798
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
-
Meenan Transmission Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joan Meenan · 5 yrs held
Joan Meenan
since 2020
Last sale
$139,900
7 recorded transactions
Zoning & alternative use
C · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Class C Residential Residential Apartment Professional Office A Professional Office B Limited Professional Office (LPO) Commercial Business Business (B-2) Business Park Overlay Industrial Floodplain Conservation Transit-Oriented Design Overlay Professional Office and Specialty Restaurant Conservation Overlay Retirement Village Overlay Downtown Business Overl…
Zone name
Commercial
General category
COMMERCIAL
Zone area
48.86 ac
Source
Zoning Code 2018 PDF
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$19,999
Tax year 2023
Assessed value
$499,520
Assessed 2024
Previous assessed
$499,520
+0.0% YoY
Effective rate
4.00%
On assessed value
Total market value
$499,520
Applied tax rate
35.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Total area
7,164 SF
Lot
1.09 ac (47,567 SF)
Zoning code
C
APN
35-00-11212-00-3
UPID
US73-4068798
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Lansdale, PAZoning C · permitted uses
C · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Class C Residential Residential Apartment Professional Office A Professional Office B Limited Professional Office (LPO) Commercial Business Business (B-2) Business Park Overlay Industrial Floodplain Conservation Transit-Oriented Design Overlay Professional Office and Specialty Restaurant Conservation Overlay Retirement Village Overlay Downtown Business Overlay Mixed-Use Overlay Business Center Revitalization Overlay Historic Rehabilitation Overlay
Zone name
Commercial
General category
COMMERCIAL
Zone area
48.86 ac
Source
Zoning Code 2018 PDF
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Joan Meenan
Individual
Mailing address
1121 WALNUT ST, LANSDALE, PA 19446-1109
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Joan Meenan
Walnut-hatfield LLC
Grant Deed
related
—
Aug 19, 2020
—
Walnut-hatfield LLC
—
Deed
related
$2,300,000 · American Bk
Jun 12, 2020
—
Walnut-hatfield LLC
—
Deed
related
$1,850,000 · American Bk
Mar 10, 2020
—
Walnut-hatfield LLC
—
Deed
related
$1,400,000 · American Bk
Jan 21, 2020
—
Walnut-hatfield LLC
—
Deed
related
$1,250,000 · American Bk
Oct 22, 2019
$80,997
Walnut-hatfield LLC
Montellas Walnut Street Assoc
Grant Deed
related
—
Oct 21, 2016
$139,900
Montellas Walnut Street Assoc
Berthold George W
Grant Deed
—
—
—
Walnut-hatfield LLC
—
Loan Modification
related
$1,400,000 · American Bk
—
—
Walnut-hatfield LLC
—
Loan Modification
related
$1,850,000 · American Bk
—
—
Walnut-hatfield LLC
—
Deed Of Trust
related
$1,250,000 · American Bk
—
—
Walnut-hatfield LLC
—
Loan Modification
related
$2,300,000 · American Bk
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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