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Property profile & analytics
OFF-MARKET
Estimated value
$3,600,000
Office buildings
1566 Medical Dr Pottstown, PA 19464-3229
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US73-2722489
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
30,836 SF
Lot
4.12 ac (179,467 SF)
Zoning code
LI
APN
42-00-03065-09-7
UPID
US73-2722489
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
-
Dr. Barbara L. Gross, DO Pediatrician Physician
-
High Focus Centers Pottstown Outpatient Treatment Center Medical Clinic
-
The Light Program Medical Clinic
-
Healthsouth Rehabilitation Center Physician
-
Contec Systems Industrial Corporation Environmental Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.60M
Owner & transaction history
Parec Pottstown Office Associa · 28 yrs held
Parec Pottstown Office Associa
since 1998
7 recorded transactions
Zoning & alternative use
LI · Pottstown, 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 Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown 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
$5,045,000
Current use
MEDICAL BUILDING
$4,860,000
Change: -4% · Conversion: Easy
RESTAURANT
$4,330,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,285,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.60M
Range $3.24M – $3.96M · ±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
$117 / 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
$73,149
Tax year 2023
Assessed value
$1,488,150
Assessed 2024
Previous assessed
$1,488,150
+0.0% YoY
Effective rate
4.92%
On assessed value
Total market value
$1,488,150
Applied tax rate
42.0000
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
1985
Heating
FORCED AIR
Cooling
CENTRAL
Total area
30,836 SF
Lot
4.12 ac (179,467 SF)
Zoning code
LI
APN
42-00-03065-09-7
UPID
US73-2722489
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Pottstown, PA
Zoning LI · permitted uses
LI · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pottstown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.0M
MEDICAL BUILDING
Est. value
$4.9M
RESTAURANT
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1985
Heating
FORCED AIR
Cooling
Yes
Lot
4.12 ac
Current owner
From public records · entity-resolved
Parec Pottstown Office Associa
Individual
Mailing address
725 SKIPPACK PIKE STE #340, BLUE BELL, PA 19422-1752
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2021
—
Parec Pottstown Office Associates
—
Deed
related
$4,615,000 · Bryn Mawr & Kostner LLC
Dec 20, 2016
—
Parec Pottstown Office Assocs
—
Deed
related
$4,200,000 · Vist Bk
May 13, 2011
—
Parec Pottstown Office Assocs
—
Deed Of Trust
related
$3,100,000 · Firstrust Bank
Apr 27, 2001
—
Parec Pottstown Office Assocs
—
Deed Of Trust
related
$3,700,000 · Lincoln National Life Ins
Jul 1, 1998
$1,050,000
Parec Pottstown Office Associa
1566 Medical Drive Associates
Grant Deed
—
Jul 1, 1998
—
Parec Pottstown Office Associ
—
Deed Of Trust
related
$2,650,000 · Wilmington Trust Co
—
—
Parec Pottstown Office Assocs
—
Deed Of Trust
related
$4,200,000 · Vist Bk
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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