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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Office Spaces
1180 Welsh Rd Lansdale, PA 19446
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0061998
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2000
Total area
42,000 SF
Lot
0.96 ac (42,000 SF)
Zoning code
OC
APN
56-00-09309-02-4
UPID
US73-0061998
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
$4.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.17M
Blend (final)
Blend
$4.50M
Owner & transaction history
Philip Jaisohn Memorial Foundation · 1 yrs held
Philip Jaisohn Memorial Foundation
since 2024
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
OC · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,500,000
ML approach
$4,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,870,000
Current use
MEDICAL BUILDING
$6,620,000
Change: -4% · Conversion: Easy
RESTAURANT
$5,895,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,840,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Aug 23 2024)
Last sale anchor
$4.50M
Aug 23 2024
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
$116,910
Tax year 2023
Assessed value
$3,186,540
Assessed 2024
Previous assessed
$3,186,540
+0.0% YoY
Effective rate
3.67%
On assessed value
Total market value
$3,186,540
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Total area
42,000 SF
Lot
0.96 ac (42,000 SF)
Zoning code
OC
APN
56-00-09309-02-4
UPID
US73-0061998
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
OC · Lansdale, PA
Zoning OC · permitted uses
OC · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.6M
RESTAURANT
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.8M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2000
Heating
FORCED AIR
Cooling
Yes
Lot
0.96 ac
Current owner
From public records · entity-resolved
Philip Jaisohn Memorial Foundation
Individual
Mailing address
1180 WELSH RD STE, NORTH WALES, PA 19454-2053
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
$4,500,000
Philip Jaisohn Memorial Foundation
1120 Welsh Road Gcc Associates LLC
Special Warranty Deed
—
Aug 15, 2024
—
1120 Welsh Road Gcc Associates LLC
1120 Welsh Road Gcc Associates LLC
Intrafamily Transfer
related
—
Nov 2, 2022
—
1120 Welsh Road Gcc Associates LLC
—
Deed
related
$7,500,000 · Phoenixville Federal Bank & Trust
Aug 3, 2018
—
1120 Welsh Road Gcc Assocs LLC
—
Trustees Deed
related
$11,900,000 · Shem Creek Gcc LLC
Mar 16, 2018
$5,063,947
1120 Welsh Road Gcc Assocs LLC
Gcc Building Associates LP
Grant Deed
related
—
Jun 6, 2016
—
Gcc Building Associates LP
—
Deed
related
$4,900,000 · Shem Creek Gcc LLC
Jul 31, 2006
$529,902
Gcc Building Associates
Jebro Gcc LLC
Grant Deed
—
Jul 31, 2006
$1,226,357
Gcc Building Associates
Belin,harry L
Grant Deed
—
Aug 26, 2005
$261,744
Gcc Building Associates
Waverley Place Realty Trust
Grant Deed
—
Nov 10, 2004
$494,000
Jebro Gcc LLC
Dee Dev
Grant Deed
—
Jan 28, 2004
$245,000
Place Realt Y Waverley
Gcc Bldg Assocs
Grant Deed
—
Aug 30, 2002
$1,023,000
Harry L Belin
Gcc Building Associates LP
Grant Deed
—
Jul 2, 1999
—
Gcc Building Associates LP
—
Grant Deed
related
$14,100,000 · Sovereign Bank
Dec 30, 1997
—
Gcc Building Associates LP
—
Deed Of Trust
related
$5,250,000 · Royal Bank Of Pennsylvania
Aug 27, 1997
—
Gcc Building Assoc LP
—
Deed Of Trust
related
$4,513,000 · Main Line Bank
—
—
Gcc Building Assoc LP
—
Deed Of Trust
related
$851,365 · Gcc Land Assoc
—
—
Gcc Building Assoclp
—
Deed Of Trust
related
$5,800,000 · Private Lender
—
—
Gcc Building Associates LP
—
Deed Of Trust
related
$1,250,000 · Blue Ball National Bank
—
—
Gcc Building Associates LP
—
Deed Of Trust
related
$4,900,000 · Shem Creek Gcc LLC
—
—
Gcc Building Associates LP
—
Deed Of Trust
related
$5,381,203 · Bc7 LLC
—
—
Gcc Building Associates LP
—
Deed Of Trust
related
$1,250,000 · Independence Mortgage
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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