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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Medical Office Space
1601 Medical Dr Pottstown, PA 19464-3241
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0338677
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
4,000 SF
Lot
1.01 ac (43,778 SF)
Zoning code
LI
APN
42-00-03065-36-7
UPID
US73-0338677
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
-
PMSI Comprehensive Healthcare Physician
-
Premier Sports Physical Therapy Physician
-
Cooper Alan E MD Physician
-
Dr. an H. Pham, MD Physician
-
PATRICIA R BUSSMANN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$801k
Blend (final)
Blend
$695k
Owner & transaction history
1460 Russell Road Associates LP · 4 yrs held
1460 Russell Road Associates LP
since 2021
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
LI · Pottstown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+70.8%
Office building
$655,000
+3.8%
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
$775,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$630,000
Current use
RETAIL STORES
$1,075,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $600k (Nov 18 2021)
Last sale anchor
$600k
Nov 18 2021
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
$174 / 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
$22,074
Tax year 2023
Assessed value
$449,090
Assessed 2024
Previous assessed
$449,090
+0.0% YoY
Effective rate
4.92%
On assessed value
Assessed land
$159,310
Assessed improvement
$289,780
Land market value
$159,310
Improvement market value
$289,780
Total market value
$449,090
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Total area
4,000 SF
Lot
1.01 ac (43,778 SF)
Zoning code
LI
APN
42-00-03065-36-7
UPID
US73-0338677
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Pottstown, PAZoning LI · permitted uses
LI · Pottstown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$630,000
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
MEDICAL BUILDING Current
RETAIL STORES
OFFICE BUILDING
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
1988
Heating
FORCED AIR
Cooling
Yes
Lot
1.01 ac
Current owner
From public records · entity-resolved
1460 Russell Road Associates LP
Entity
Mailing address
7 E SKIPPACK PIKE STE 250B, AMBLER, PA 19002-5310
Ownership since
2021
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
Nov 18, 2021
$600,000
1460 Russell Road Associates LP
Pmsi 1601 Investors
Deed
—
Aug 16, 2000
$565,000
Pmsi 1601 Investors
Morris,vernon R
Grant Deed
$133,750 · Main Street Bank
—
—
Vernon R Morris
—
Deed Of Trust
related
$90,000 · Berks County Bank
—
—
Pmsi 1601 Investors
—
Deed Of Trust
related
$431,250 · Main Street 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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