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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Commercial real estate
1231 Fairview Ave, Blue Bell, PA 19422
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-0070330
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
9,776 SF
Lot
1.89 ac (82,111 SF)
Zoning code
C
APN
66-00-02001-01-2
UPID
US73-0070330
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
$1.56M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.37M
Owner & transaction history
Harleysville Nat Bk & T Co · 22 yrs held
Harleysville Nat Bk & T Co
since 2004
7 recorded transactions
Zoning & alternative use
C · Blue Bell, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+52.0%
Medical building
$1.5M
+46.4%
Restaurant
$1.4M
+30.4%
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 Blue Bell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Bell 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%
$1,685,000
6.5%
$1,555,000
7%
$1,445,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,050,000
Current use
OFFICE BUILDING
$1,600,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$1,540,000
Change: +46% · Conversion: Easy
RESTAURANT
$1,370,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,360,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,275,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$140 / 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
$22,853
Tax year 2023
Assessed value
$723,950
Assessed 2024
Previous assessed
$723,950
+0.0% YoY
Effective rate
3.16%
On assessed value
Assessed land
$349,410
Assessed improvement
$374,540
Land market value
$349,410
Improvement market value
$374,540
Total market value
$723,950
Applied tax rate
66.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Total area
9,776 SF
Lot
1.89 ac (82,111 SF)
Zoning code
C
APN
66-00-02001-01-2
UPID
US73-0070330
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Blue Bell, PA
Zoning C · permitted uses
C · Blue Bell, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blue Bell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL 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
1990
Heating
FORCED AIR
Cooling
Yes
Lot
1.89 ac
Current owner
From public records · entity-resolved
Harleysville Nat Bk & T Co
Entity
Mailing address
180 STURBRIDGE CT, SELLERSVILLE, PA 18960-2896
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
—
Lawrence A Troilo
—
Deed
related
$565,000 · Vist Bank
Jan 20, 2004
—
Harleysville Nat Bk & T Co
Troilo,charlotte
Quit Claim Deed
related
—
Nov 5, 2003
—
Harleysville Nat Bk & T Co
Troilo,charlotte
Quit Claim Deed
related
$875,000 · Harleysville Nat'l Bank & Trus
Oct 22, 2003
—
Lawrence A Troilo
Troilo,charlotte M
Quit Claim Deed
related
—
Jun 26, 2003
—
Charlotte Troilo
Carfagno,carmen S
Grant Deed
related
—
Dec 17, 2002
$850,000
Atqi LLC
Carfagno,carmen S
Grant Deed
—
Sep 6, 2000
—
Carmen S Carfagno
Carfagno,carmen S
Quit Claim Deed
related
—
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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