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Property profile & analytics
OFF-MARKET
Estimated value
$2,065,000
Strip malls
1586 Sumneytown Pike 1600 Lansdale, PA 19446-4883
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1460256
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
14,352 SF
Lot
2.71 ac (118,048 SF)
Zoning code
BC
APN
53-00-08244-00-1
UPID
US73-1460256
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
$2.07M
Owner & transaction history
Tollgate Commons LLC · 9 yrs held
Tollgate Commons LLC
since 2017
7 recorded transactions
Zoning & alternative use
BC · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+25.5%
Medical building
$2.3M
+20.9%
Restaurant
$2.0M
+7.7%
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
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
NEIGHBORHOOD: SHOPPING CENTER
$1,870,000
Current use
OFFICE BUILDING
$2,350,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$2,260,000
Change: +21% · Conversion: Difficult
RESTAURANT
$2,015,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,995,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,605,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±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
$144 / 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
$60,536
Tax year 2023
Assessed value
$1,494,560
Assessed 2024
Previous assessed
$1,494,560
+0.0% YoY
Effective rate
4.05%
On assessed value
Total market value
$1,494,560
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
14,352 SF
Lot
2.71 ac (118,048 SF)
Zoning code
BC
APN
53-00-08244-00-1
UPID
US73-1460256
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BC · Lansdale, PA
Zoning BC · permitted uses
BC · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.3M
RESTAURANT
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
2.71 ac
Current owner
From public records · entity-resolved
Tollgate Commons LLC
Entity
Mailing address
101 COWPATH RD, LANSDALE, PA 19446-1119
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Tollgate Commons LLC
—
Deed
related
$4,500,000 · American Bank
Feb 3, 2017
$4,564,800
Tollgate Commons LLC
Towamencin Town Center Assoc
Grant Deed
$5,021,012 · * Other Institutional Lenders
Feb 9, 2016
$107,252
Towamencin Town Center Assocs
Lewis Tollgate LLC
Grant Deed
—
Oct 23, 2015
$171,875
Towamencin Town Center Assocs
Spear Tollgate LLC
Grant Deed
—
Dec 8, 2008
$51,500
Tf Pa III LLC
Towamencin Town Center Assocs
Grant Deed
—
Oct 12, 2007
$243,564
Spear Tollgate LLC
Towamencin Town Center Assocs
Grant Deed
—
Jun 8, 2007
$385,169
Lewis Tollgate LLC
Towamencin Town Center Assocs
Grant Deed
—
May 16, 2007
$285,700
Tf Pa II LLC
Towamencin Town Center Assocs
Grant Deed
—
May 16, 2007
$148,600
Tf Pa I LLC
Towamencin Town Center Assocs
Grant Deed
—
Mar 9, 2007
—
Towamencin Town Center Assocs
—
Trustees Deed
related
$3,830,000 · Continental Bank NA
Jun 5, 2003
$400,000
Towamencin Town Ctr Assocs
Ziegler,robert
Grant Deed
$400,000 · Blue Ball National Bank
—
—
Towamencin Town Center Assoc
—
Deed Of Trust
related
$5,125,000 · Barclays Bk/plc
—
—
Towamencin Town Center Assocs
—
Deed Of Trust
related
$400,000 · Blue Ball National Bank
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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