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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Office Spaces
1200 Welsh Rd Ste 9 North Wales, PA 19454-3771
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5923542
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2010
Total area
3,880 SF
Lot
0.94 ac (40,943 SF)
Zoning code
S
APN
46-00-04151-33-9
UPID
US73-5923542
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
$1.00M
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$1.28M
Owner & transaction history
Brotherhood LP · 5 yrs held
Brotherhood LP
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
S · North Wales, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+80.6%
Retail stores
$1.0M
+64.6%
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 North Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Wales 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
$1,700,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,145,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,045,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10% · vs last sale $1.50M (Dec 21 2020)
Last sale anchor
$1.50M
Dec 21 2020
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
$330 / 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
$31,026
Tax year 2023
Assessed value
$831,720
Assessed 2024
Previous assessed
$555,790
+49.6% YoY
Effective rate
3.73%
On assessed value
Total market value
$831,720
Applied tax rate
46.0000
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
2010
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Total area
3,880 SF
Lot
0.94 ac (40,943 SF)
Zoning code
S
APN
46-00-04151-33-9
UPID
US73-5923542
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
S · North Wales, PA
Zoning S · permitted uses
S · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Wales. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
RETAIL STORES
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
2010
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Brotherhood LP
Entity
Mailing address
PO BOX 249, BLUE BELL, PA 19422-0249
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2021
—
Brotherhood LP
—
Deed
related
$1,209,000 · First Savings Bank
Dec 21, 2020
—
Brotherhood LP
Joseph Fish
Grant Deed
related
—
Aug 30, 2016
—
Asia Hazin
Hazin,milia
Quit Claim Deed
related
—
Jul 5, 2012
$1,500,000
Milia Hazin
Montgomery Commons 9 LLC
Grant Deed
—
Nov 5, 2010
—
Montgomery Commonse 9 LLC
Montgomery Coa LP
Quit Claim Deed
—
Oct 29, 2010
—
Montgomery Commons Associates
—
Deed Of Trust
related
$18,350,000 · J P Morgan Chase Bank
Apr 7, 2010
—
Montgomery Coa LP
—
Deed Of Trust
related
$6,900,000 · Manufacturers & Traders Trust
Nov 21, 2006
$617,260
Montgomery Coa
Montgomery Commons Associates
Grant Deed
—
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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