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Property profile & analytics
OFF-MARKET
Estimated value
$13,120,000
Office buildings
151 Warner Rd Wayne, PA 19087-2127
Entity Owned
9-yr Hold
Free & Clear
Property ID
US73-2291326
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
87,434 SF
Lot
7.08 ac (308,405 SF)
Zoning code
AR
APN
58-00-20412-00-5
UPID
US73-2291326
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
-
The Judge Group Business Management Consultant Business Development Service
-
Judge Audio Visual Solutions IT Consulting Firm Tech Support Center
-
Jackson Cross Partners Real Estate Agency
-
FedEx Drop Box Postal Service Courier Service
-
Copley Consulting Group Consultant Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.12M
Owner & transaction history
King Of Prussia Prop Invtrs LP · 9 yrs held
King Of Prussia Prop Invtrs LP
since 2016
4 recorded transactions
Zoning & alternative use
AR · 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
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,400,000
Current use
COMMERCIAL (GENERAL)
$15,660,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$13.12M
Range $11.81M – $14.43M · ±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
$150 / 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
$324,556
Tax year 2023
Assessed value
$10,531,400
Assessed 2024
Previous assessed
$10,531,400
+0.0% YoY
Effective rate
3.08%
On assessed value
Total market value
$10,531,400
Applied tax rate
58.0000
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
1980
Heating
FORCED AIR
Cooling
CENTRAL
Total area
87,434 SF
Lot
7.08 ac (308,405 SF)
Zoning code
AR
APN
58-00-20412-00-5
UPID
US73-2291326
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
AR · Wayne, PA
Zoning AR · permitted uses
AR · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$15.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1980
Heating
FORCED AIR
Cooling
Yes
Lot
7.08 ac
Current owner
From public records · entity-resolved
King Of Prussia Prop Invtrs LP
Entity
Free & Clear · 9 yrs held
Mailing address
610 FREEDOM BUSINESS CTR DR STE #310, KING OF PRUSSIA, PA 19406-1329
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2016
—
King Of Prussia Prop Invtrs LP
—
Grant Deed
related
$17,550,000 · Miscellaneous Ins Co
Oct 27, 2016
$26,821,043
King Of Prussia Prop Invtrs LP
Liberty Property LP
Grant Deed
—
Oct 27, 2016
—
Liberty Property LP
Liberty Property LP
Quit Claim Deed
related
—
Mar 5, 1997
—
Liberty Property LP
—
Deed Of Trust
related
$80,000,000 · First Nat'l Bank Boston Ttee
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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