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Property profile & analytics
OFF-MARKET
Estimated value
$3,685,000
Strip malls
1400 Charlotte St Pottstown, PA 19464-2315
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-0055041
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Total area
81,334 SF
Lot
8.04 ac (350,222 SF)
Zoning code
SC
APN
42-00-00913-00-8
UPID
US73-0055041
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
-
CubeSmart Self Storage Storage Facility
-
Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.12M
Blend (final)
Blend
$3.69M
Owner & transaction history
1400 Ncrd LP · 11 yrs held
1400 Ncrd LP
since 2014
7 recorded transactions
Zoning & alternative use
SC · Pottstown, 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 Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown 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
$3.69M
Range $3.32M – $4.05M · ±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
$45 / 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
$56,554
Tax year 2023
Assessed value
$1,150,500
Assessed 2024
Previous assessed
$1,150,500
+0.0% YoY
Effective rate
4.92%
On assessed value
Total market value
$1,150,500
Applied tax rate
42.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
CENTRAL
Total area
81,334 SF
Lot
8.04 ac (350,222 SF)
Zoning code
SC
APN
42-00-00913-00-8
UPID
US73-0055041
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SC · Pottstown, PA
Zoning SC · permitted uses
SC · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pottstown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Lot
8.04 ac
Current owner
From public records · entity-resolved
1400 Ncrd LP
Entity
Mailing address
805 3RD AVE FL, NEW YORK, NY 10022-7513
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2023
—
1400 Ncrd LP
—
Deed
related
$6,709,000 · First Citizens Community Bank
Oct 20, 2014
$4,500,000
1400 Ncrd LP
1400 N Charlotte Rd LLC
Grant Deed
—
Oct 20, 2014
—
1400 Ncrd LP
—
Grant Deed
related
$3,499,900 · Parke Bk
Sep 16, 2013
$2,533
1400 N Charlotte Road LLC
Sheriff Of Montgomery County
Trustees Deed
related
—
Jun 25, 2008
—
Charlotte Road Pottstown North
North Charlotte Road Pottstown
Quit Claim Deed
related
$800,000 · Parke Bank
May 21, 2008
—
Charlotte Road Pottstown North
North Charlotte Road Pottstown
Quit Claim Deed
—
Mar 14, 2008
$2,600,000
North Charlotte Road Pottstown
Berman,david
Trustees Deed
$8,000,000 · Parke Bank
Oct 22, 2007
—
David Berman
Shop-rite Of Pottstown INC
Grant Deed
—
Jun 29, 2005
$850,000
David Berman
1400 North Charlotte Street
Grant Deed
—
Jun 29, 2005
$800,000
David Berman
Pottslan Associates
Grant Deed
—
—
—
North Charlotte Road Pottstown
—
Deed Of Trust
related
$578,789 · Parke Bank
—
—
North Charlotte Road Pottstown
—
Deed Of Trust
related
$375,000 · Parke Bank
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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