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Property profile & analytics
OFF-MARKET
Estimated value
$8,500,000
Warehouses
1520 Franklin St, Harleysville, PA 19438
Entity Owned
Property ID
US73-1868151
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2023
Total area
102,520 SF
Lot
2.21 ac (96,268 SF)
Zoning code
C
APN
53-00-03192-00-4
UPID
US73-1868151
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.62M
Blend (final)
Blend
$8.50M
Owner & transaction history
Mequity Lansdale LLC
Mequity Lansdale LLC
since 2026
7 recorded transactions
Zoning & alternative use
C · Harleysville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.4M
+42.2%
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 Harleysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harleysville 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
WAREHOUSE, STORAGE
$9,400,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,360,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$8.50M
Range $7.65M – $9.35M · ±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
$83 / 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
$161,077
Tax year 2023
Assessed value
$3,976,830
Assessed 2024
Previous assessed
$394,390
+908.3% YoY
Effective rate
4.05%
On assessed value
Total market value
$3,976,830
Applied tax rate
53.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
782
Rooms
7
Bathrooms
1
Total area
102,520 SF
Lot
2.21 ac (96,268 SF)
Zoning code
C
APN
53-00-03192-00-4
UPID
US73-1868151
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Harleysville, PA
Zoning C · permitted uses
C · Harleysville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harleysville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.4M
WAREHOUSE, STORAGE Current
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
2023
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
782
Rooms
7
Bathrooms
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
Mequity Lansdale LLC
Entity
Mailing address
2200 WASHINGTON AVE, SAINT LOUIS, MO 63103-1522
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2026
$6,001,216
Mequity Lansdale LLC
Twain Gl X LLC
Deed
—
Aug 20, 2021
—
Twain Gl X LLC
—
Deed
related
$5,400,000 · Parkside Financial Bank & Trt
Jul 1, 2021
—
Towamencin Township
Gl X LLC
Deed
—
Jun 3, 2021
$880,000
Storage Partners Of Towamencin LLC
Two Farms INC
Deed
$3,154,751 · Scf Nbl LLC
Jun 3, 2021
$980,000
Twain Gl X LLC
Storage Partners Of Towamencin LLC
Special Warranty Deed
—
Dec 26, 2017
$2,000,000
Two Farms INC
Smg Lansdale LLC
Grant Deed
—
Dec 17, 2012
$1,860,000
Smg Lansdale LLC
Colcor LP
Grant Deed
—
Dec 17, 2012
—
Smg Lansdale LLC
—
Trustees Deed
related
$860,000 · Colcor LP
Apr 20, 2010
—
Colcor LP
Colcor Ltd
Quit Claim Deed
—
Nov 9, 2000
$175,000
Colcor Ltd
Keener,j A & E A
Grant Deed
—
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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