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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Banks
1551 Vly Frg Rd Ste 3 Lansdale, PA 19446-5461
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-2513369
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1983
Total area
2,572 SF
Lot
0.05 ac (2,100 SF)
Zoning code
SC
APN
56-00-09021-16-6
UPID
US73-2513369
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
by Request
Blend (final)
Blend
$565k
Owner & transaction history
North Penn Mktplace Assocs · 22 yrs held
North Penn Mktplace Assocs
since 2004
4 recorded transactions
Zoning & alternative use
SC · Lansdale, 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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
$220 / 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
$12,405
Tax year 2023
Assessed value
$338,100
Assessed 2024
Previous assessed
$338,100
+0.0% YoY
Effective rate
3.67%
On assessed value
Total market value
$338,100
Applied tax rate
56.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
CENTRAL
Total area
2,572 SF
Lot
0.05 ac (2,100 SF)
Zoning code
SC
APN
56-00-09021-16-6
UPID
US73-2513369
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SC · Lansdale, PA
Zoning SC · permitted uses
SC · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Lot
0.05 ac
Current owner
From public records · entity-resolved
North Penn Mktplace Assocs
Individual
Mailing address
500 E BROWARD BLVD STE #1130, FORT LAUDERDALE, FL 33394-3022
Ownership since
2004
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
Jul 8, 2011
—
Bre Retail Residual North Penn
—
Deed Of Trust
related
$1,000,000,000 · Wells Fargo Bank
Mar 26, 2004
—
North Penn Mktplace Assocs
Jp Morgan Chase Bk
Grant Deed
related
—
May 6, 2002
—
North Penn Marketplace Assoc
—
Deed Of Trust
related
$4,250,000 · Archon Financial LP
Sep 16, 1998
$4,639,615
North Penn Marketplace Assoc
North Penn Marketplace Assoc
Grant 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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