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Property profile & analytics
OFF-MARKET
Estimated value
$4,195,000
Warehouses
1200 Mermaid Ln, Wyndmoor, PA 19038-7635
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0336632
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Total area
78,131 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C
APN
52-00-11575-00-1
UPID
US73-0336632
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
-
Image360 Philly NW (Bike/Boat/Book/etc) Store Printing Service
-
Active Day of Chestnut Hill Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.77M
Blend (final)
Blend
$4.20M
Owner & transaction history
Stephen L Kurtz · 16 yrs held
Stephen L Kurtz
since 2009
6 recorded transactions
Zoning & alternative use
C · Wyndmoor, 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 Wyndmoor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wyndmoor 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
Blend value · Realmo final
$4.20M
Range $3.78M – $4.61M · ±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
$54 / 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
$77,558
Tax year 2023
Assessed value
$1,646,535
Assessed 2024
Previous assessed
$1,646,535
+0.0% YoY
Effective rate
4.71%
On assessed value
Total market value
$1,646,535
Applied tax rate
52.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1962
Heating
NONE
Cooling
NONE
Total area
78,131 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C
APN
52-00-11575-00-1
UPID
US73-0336632
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Wyndmoor, PA
Zoning C · permitted uses
C · Wyndmoor, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wyndmoor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Cooling
Yes
Lot
2.25 ac
Current owner
From public records · entity-resolved
Stephen L Kurtz
Individual
Mailing address
1100 E MERMAID LN, WYNDMOOR, PA 19038-7600
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2020
—
Stephen L Kurtz
—
Deed
related
$3,556,165 · Truist Bk
Jul 22, 2009
—
Stephen L Kurtz
Free Range Associates
Grant Deed
related
$640,000 · National Penn Bank
Apr 3, 2002
—
Free Range Associates LP
General Atronics Realty Corp
Grant Deed
$2,300,000 · Minnesota Life Insurance Co
Apr 16, 1998
—
General Atronics Realty Corp
—
Deed Of Trust
related
$1,000,000 · Nationsbank
—
—
Kurtz Construction Co
—
Deed Of Trust
related
$250,000 · Valley Green Bank
—
—
Stephen L Kurtz
—
Deed Of Trust
related
$3,556,165 · Truist 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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