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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Medical Office Space
1151 Broad St Lansdale, PA 19446-5340
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1053304
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Total area
5,580 SF
Lot
0.54 ac (23,505 SF)
Zoning code
BP
APN
56-00-00727-00-9
UPID
US73-1053304
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
-
Family & Cosmetic Dental Care Dental Office
-
Heidi Tarshis DDS Dental Office
-
Gary Martin Greenberg Dental Office
-
Heidi Greer Tarshis Dental Office
-
Dr. Catharine Alger Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$544k
Blend (final)
Blend
$625k
Owner & transaction history
Bucks Health Management LLC · 4 yrs held
Bucks Health Management LLC
since 2022
Last sale
$641,900
3 recorded transactions
Zoning & alternative use
BP · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Code 2018 PDF
Top alternative use upside
Office building
$915,000
+3.8%
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
$665,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$880,000
Current use
OFFICE BUILDING
$915,000
Change: +4% · Conversion: Easy
RESTAURANT
$785,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$775,000
Change: -12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$725,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $642k (May 13 2022)
Last sale anchor
$642k
May 13 2022
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
$112 / 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
$9,442
Tax year 2023
Assessed value
$257,400
Assessed 2024
Previous assessed
$257,400
+0.0% YoY
Effective rate
3.67%
On assessed value
Total market value
$257,400
Applied tax rate
56.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
NONE
Total area
5,580 SF
Lot
0.54 ac (23,505 SF)
Zoning code
BP
APN
56-00-00727-00-9
UPID
US73-1053304
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BP · Lansdale, PAZoning BP · permitted uses
BP · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code 2018 PDF
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$880,000
OFFICE BUILDING
Est. value
$915,000
RESTAURANT
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$725,000
MEDICAL BUILDING Current
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1999
Heating
NONE
Cooling
Yes
Lot
0.54 ac
Current owner
From public records · entity-resolved
Bucks Health Management LLC
Entity
Mailing address
1625 GRASSHOPPER LN, AMBLER, PA 19002-1914
Ownership since
2022
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
May 13, 2022
$641,900
Bucks Health Management LLC
Curtis L Deardorff
Deed
$513,520 · Penn Community Bank
Dec 11, 2019
$915,000
Bergeys Realty Co
Harris
Grant Deed
—
—
—
Curtis L Deardorff
—
Deed Of Trust
related
$200,000 · Harleysville Nat'l Bank & Trus
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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