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Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Office buildings
1445 City Ave Wynnewood, PA 19096-3831
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-2263025
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
12,600 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C2
APN
40-00-11180-00-3
UPID
US73-2263025
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
-
Pacer Staffing Employment Agency
-
Living Free Cancer Medical Clinic Hospital
-
Casella Nancy T Physician Medical Clinic
-
Myers Ellen P Physician Medical Clinic
-
THINK Instead Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.89M
Owner & transaction history
Harry Engel · 16 yrs held
Harry Engel
since 2010
7 recorded transactions
Zoning & alternative use
C2 · Wynnewood, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+80.6%
Retail stores
$3.4M
+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 Wynnewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wynnewood 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%
$3,520,000
6.5%
$3,250,000
7%
$3,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,060,000
Current use
AUTO REPAIR, GARAGE
$3,725,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$3,395,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$1,985,000
Change: -4% · Conversion: Easy
RESTAURANT
$1,770,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,750,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$229 / 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
$52,423
Tax year 2023
Assessed value
$1,255,250
Assessed 2024
Previous assessed
$1,255,250
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$285,000
Assessed improvement
$970,250
Land market value
$285,000
Improvement market value
$970,250
Total market value
$1,255,250
Applied tax rate
40.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Total area
12,600 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C2
APN
40-00-11180-00-3
UPID
US73-2263025
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Wynnewood, PA
Zoning C2 · permitted uses
C2 · Wynnewood, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wynnewood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1965
Heating
FORCED AIR
Cooling
Yes
Lot
0.23 ac
Current owner
From public records · entity-resolved
Harry Engel
Individual
Mailing address
1106 SAINT ANDREWS RD, BRYN MAWR, PA 19010-1936
Ownership since
2010
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
Apr 13, 2010
—
Harry Engel
Engel,dinah B
Quit Claim Deed
related
—
—
—
Harry Engel
—
Deed Of Trust
related
$150,000 · Pnc Bank
—
—
Harry Engel
—
Deed Of Trust
related
$140,212 · Pnc Bank
—
—
Dinah B Engel
—
Deed Of Trust
related
$150,000 · Pnc Bank
—
—
Harry Engel
—
Deed Of Trust
related
$160,000 · Pnc Bank
—
—
Harry L Engel
—
Deed Of Trust
related
$146,000 · Pnc Bank
—
—
Harry Engel
—
Deed Of Trust
related
$150,000 · Pnc 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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