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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Warehouses
1601 Republic Rd Huntingdon Valley, PA 19006-1809
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0648529
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
29,514 SF
Lot
2.13 ac (92,739 SF)
Zoning code
I
APN
41-00-07927-75-3
UPID
US73-0648529
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
-
Huntingdon Valley Outdoor Big Box & Wholesale Store
-
Prescription Services-America Pharmacy
-
Newtown Video Distributors Distribution Center Logistics Company
-
Bux-Mont Roofing Roofing Company General Contractor
-
US Supply Company Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.65M
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$3.65M
Owner & transaction history
Pennsylvania Tpke Commission · 16 yrs held
Pennsylvania Tpke Commission
since 2010
7 recorded transactions
Zoning & alternative use
I · Huntingdon Valley, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.8M
+63.1%
Medical building
$4.7M
+57.2%
Restaurant
$4.1M
+39.9%
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 Huntingdon Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntingdon Valley 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%
$5,030,000
6.5%
$4,645,000
7%
$4,315,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,960,000
Current use
OFFICE BUILDING
$4,830,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$4,650,000
Change: +57% · Conversion: Difficult
RESTAURANT
$4,145,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,100,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,845,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±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
$124 / 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
$47,563
Tax year 2023
Assessed value
$942,070
Assessed 2024
Previous assessed
$942,070
+0.0% YoY
Effective rate
5.05%
On assessed value
Assessed land
$170,870
Assessed improvement
$771,200
Land market value
$170,870
Improvement market value
$771,200
Total market value
$942,070
Applied tax rate
41.0000
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
NONE
Total area
29,514 SF
Lot
2.13 ac (92,739 SF)
Zoning code
I
APN
41-00-07927-75-3
UPID
US73-0648529
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Huntingdon Valley, PAZoning I · permitted uses
I · Huntingdon Valley, 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
WAREHOUSE, STORAGE Current
Est. value
$3.0M
OFFICE BUILDING
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.7M
RESTAURANT
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1975
Heating
FORCED AIR
Cooling
Yes
Lot
2.13 ac
Current owner
From public records · entity-resolved
Pennsylvania Tpke Commission
Individual
Mailing address
PO BOX 2579, WARMINSTER, PA 18974-0058
Ownership since
2010
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
Sep 6, 2019
—
Michael C Meister
—
Grant Deed
related
$9,000,000 · Keybank USA
Jan 5, 2011
—
Michael C Meister
—
Deed Of Trust
related
$5,000,000 · First Niagara Bank
Mar 3, 2010
—
Pennsylvania Tpke Commission
Meister,michael C
Grant Deed
—
Nov 7, 2001
$529,640
Michael C Meister
Meister,michael C
Grant Deed
related
$300,000 · Charles F Calvanese
—
—
Michael C Meister
—
Deed Of Trust
related
$7,994 · Commerce Bank
—
—
Michael C Meister
—
Deed Of Trust
related
$8,800,000 · First Niagara Bank
—
—
Michael C Meister
—
Deed Of Trust
related
$300,000 · Suburban Community 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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