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    15 Keystone Dr Limerick, PA 19468-4294
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    Property profile & analytics

    15 Keystone Dr, Limerick, PA 19468-4294

    View on Map
    • Hotels
    • 40,913 SF
    • 2.56 lot acres
    Off-Market
    Last Sale Apr 12, 2024
    $5,500,000
    Property ID
    US73-2939673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,500,000
    Show details
    Cap Rate Potential
    4.6%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Holiday Inn Express & Suites Limerick - Pottstown, an IHG Hotel / Hotel & Motel

    Property Details for 15 Keystone Dr

    Year built
    2010
    Lot size
    2.56 lot acres
    Zone code
    OLI
    Property type
    Hotels
    Property subtype
    Motels
    APN
    37-00-05753-01-5
    APU
    370005753015

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 12, 2024 $5,500,000 JR Brothers LLC Zeauf Hotels LLC Deed $5M · Hanover Community Bank
    Jul 29, 2016 — Zeauf Hotels LLC Zeauf Hotels LLC Intrafamily Transfer · related —
    Nov 8, 2012 $7,225,000 Zeauf Hotels LLC Landmark Hotels INC Deed $5M · Republic Bank
    Apr 8, 2009 — Landmark Hotels INC — Deed Of Trust · related $4.3M · Cnb National Bank
    Dec 11, 2008 $850,000 Landmark Hotels INC Linfield Corporate Center Grant Deed —
    Dec 20, 2005 $9,715,875 Linfield Corporate Center Hough Of Loew Associates INC Grant Deed $12M · Bancorp Bank
    Jan 31, 2000 — Hough Loew Associates INC — Grant Deed · related $300k · Wilmington Trust Co Pa
    Aug 12, 1997 — Hough/loew Assoc INC — Grant Deed · related $6.5M · Wilmington Trust Of Pennsylvan

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,500,000
      ML approach
      $5,500,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,210,000
      6.5%
      $3,885,000
      7%
      $3,610,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,322,000
      Market price range: $1.50M - $4.32M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $6,520,000
      OFFICE BUILDING
      $4,535,000
      RESTAURANT
      $3,950,000
      RETAIL STORES
      $3,740,000
      INDUSTRIAL (GENERAL)
      $3,420,000
      MEDICAL BUILDING
      $3,390,000
      COMMERCIAL (GENERAL)
      $3,370,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Limerick
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.5505
    Latitude
    40.2163
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $129,925
    $0.00
    $0.00
    $3,360,040
    -
    $0.00
    $0.00
    $3,360,040

    Comparable in this City

    • Value Estimation
      $9,150,000
      86,632 SF

      500 Cresson Blvd

      HOTEL/MOTEL
      500 Cresson Blvd, Royersford, PA 19468
      View Details
    • Value Estimation
      $4,390,000
      61,155 SF

      430 Linfield Trappe Rd

      HOTEL/MOTEL
      430 Linfield Trappe Rd, Royersford, PA 19468-1202
      View Details
    • Value Estimation
      $510,000
      13,893 SF

      211 Main St

      HOTEL
      211 Main St, Royersford, PA 19468-2218
      View Details
    • Value Estimation by Request
      37.32 Acres

      679 Ridge Pike

      Industrial properties
      679 Ridge Pike, Limerick, PA 19468
      View Details
    • Value Estimation by Request
      0.07 Acres

      1st Ave

      INDUSTRIAL - VACANT LAND
      1st Ave, Royersford, PA 19468
      View Details
    • Value Estimation by Request
      2.41 Acres

      3rd Ave

      INDUSTRIAL - VACANT LAND
      3rd Ave, Royersford, PA 19468
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Restaurant, Bar, and Hotel

      Fully renovated restaurant, bar, and hotel on 2+ acres.
      3347 Ridge Pike, Royersford, PA 19468
      View Details
    • $9,330,000
      37.32 Acres

      Limerick Industrial Land & Buildings

      37 Acres, Prime Location, Investment Opportunity
      679 Ridge Pike, Limerick, PA 19468
      View Details
    • Contact for pricing
      200,000 SF

      Limerick Commercial Property For Sale

      200,000 square foot commercial property available in Limerick, Pennsylvania.
      508 North Lewis Rd, Limerick, PA 19468
      View Details
    • Contact for pricing
      Pending

      Prime Commercial Land in Limerick

      Large commercial parcel ideal for development with frontage on Ridge Pike.
      142 Ridge Pike W, Royersford, PA 19468
      View Details
    • Contact for pricing
      3,731 SF

      Two Buildings on Ridge Pike

      Two buildings on 2.65 acres with high visibility.
      188 Ridge Pike W, Royersford, PA 19468
      View Details
    • Contact for pricing

      Commercial Property on Ridge Pike

      Commercial property suitable for owner occupancy or investment.
      168 Ridge St W, Royersford, PA 19468
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Retail Space in Active Corridor

      Retail space available in a busy commercial area.
      196 Ridge Pike West, Limerick, PA 19468
      View Details
    • Contact for pricing
      650 SF

      Office Space in Limerick

      Office spaces available for lease with ample parking and signage.
      292 Ridge Pike W, Limerick, PA 19468
      View Details
    • Contact for pricing
      14,097 SF

      Class A Medical Office Space

      Medical office building in Limerick Office Campus for lease.
      410 W Linfield Trappe Rd, Royersford, PA 19468
      View Details
    • Contact for pricing

      Medical Office Building For Rent

      Medical office building with surgery center and highway access.
      420 W Linfield Trappe Rd, Limerick, PA 19468
      View Details
    • Contact for pricing
      8,564 SF

      Royersford Medical Facility for Rent

      Turnkey medical facility with essential features for patient care.
      475 Enterprise Dr, Royersford, PA 19468
      View Details
    • Contact for pricing
      5,701 SF

      Medical Office Space Available

      Class A medical office building with high visibility and ample parking.
      450 Cresson Blvd, Royersford, PA 19468
      View Details
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    Limerick, PA 19468-4294
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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