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Property profile & analytics
FOR SALE
Office Spaces
150 E Swedesford Rd, Wayne, PA 19087
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-4351691
For Sale
1 / 2
Contact for pricing
150 E Swedesford Rd, Wayne, PA 19087
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1982
Total area
914 SF
Lot
0.02 ac (914 SF)
Zoning code
LI
APN
4305 36860000
UPID
US73-4351691
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
-
Frank X Bennett Esq Law Firm
-
Gary E. Thompson, Esquire Law Firm
-
Charleston, Kelly & Associates Law Firm
-
Framework Therapy, LLC Crisis Center Medical Clinic
-
Roll-Off Dumpster Direct Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Positive Note LLC · 1 yrs held
Positive Note LLC
since 2024
Last sale
$173,500
6 recorded transactions
Zoning & alternative use
LI · Wayne, 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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,603
Tax year 2024
Assessed value
$102,290
Assessed 2024
Previous assessed
$102,290
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$27,420
Assessed improvement
$74,870
Land market value
$27,420
Improvement market value
$74,870
Total market value
$102,290
Applied tax rate
43.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1982
Heating
FORCED AIR
Cooling
CENTRAL
Total area
914 SF
Lot
0.02 ac (914 SF)
Zoning code
LI
APN
4305 36860000
UPID
US73-4351691
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Wayne, PA
Zoning LI · permitted uses
LI · Wayne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
FORCED AIR
Cooling
Yes
Lot
0.02 ac
Current owner
From public records · entity-resolved
Positive Note LLC
Entity
Mailing address
150 E SWEDESFORD RD, WAYNE, PA 19087-1458
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
—
Positive Note LLC
—
Deed
related
$210,000 · Meridian Bank
Oct 23, 2024
$173,500
Positive Note LLC
Brm Realty LLC
Deed
$210,000 · Meridian Bank
May 24, 2022
$225,000
Positive Note LLC
Brendan Abstract Company INC
Deed
$270,000 · Meridian Bank
Jun 16, 2020
$271,695
Brendan Abstract Co INC
Dennis J Ryan
Grant Deed
—
May 13, 2019
$190,000
Mbhp Rental Group LLC
Brm Realty LLC
Grant Deed
$152,000 · Penn Cmnty Bk
Dec 5, 2017
$200,000
Dennis J Ryan
1571 N Valley LLC
Deed
$150,000 · Beneficial Finance Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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