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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Apartment buildings
15 Frnt St Souderton, PA 18964-1570
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0764766
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1910
Total area
4,268 SF
Lot
0.13 ac (5,724 SF)
Zoning code
C2
APN
21-00-03284-00-7
UPID
US73-0764766
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$439k
Blend (final)
Blend
$510k
Owner & transaction history
Intrepid Partners LLC · 4 yrs held
Intrepid Partners LLC
since 2022
Last sale
$500,000
3 recorded transactions
Zoning & alternative use
C2 · Souderton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
TABLE OF CONTENTS
Top alternative use upside
Office building
$700,000
+17.7%
Medical building
$675,000
+13.4%
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 Souderton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Souderton 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
$520,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$595,000
Current use
OFFICE BUILDING
$700,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$675,000
Change: +13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $500k (Mar 17 2022)
Last sale anchor
$500k
Mar 17 2022
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
$119 / 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
$5,119
Tax year 2023
Assessed value
$113,360
Assessed 2024
Previous assessed
$113,360
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$49,450
Assessed improvement
$63,910
Land market value
$49,450
Improvement market value
$63,910
Total market value
$113,360
Applied tax rate
21.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1910
Heating
HOT WATER
Cooling
NONE
Stories
2
Rooms
12
Bathrooms
4
Total area
4,268 SF
Lot
0.13 ac (5,724 SF)
Zoning code
C2
APN
21-00-03284-00-7
UPID
US73-0764766
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Souderton, PAZoning C2 · permitted uses
C2 · Souderton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
TABLE OF CONTENTS
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$595,000
OFFICE BUILDING
Est. value
$700,000
MEDICAL BUILDING
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
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
1910
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Intrepid Partners LLC
Entity
Mailing address
762 E MAIN ST STE, LANSDALE, PA 19446-3004
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
$500,000
Intrepid Partners LLC
James Martin
Deed
$350,000 · Harleysville Bank
Aug 28, 2013
$340,000
James Martin
Godshall,evelyn N
Grant Deed
—
Oct 5, 2012
—
Evelyn N Godshall
Godshall Richard M
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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