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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Office buildings
1610 Medical Dr Pottstown, PA 19464-3292
Individually Owned
28-yr Hold
Free & Clear
Property ID
US73-2078692
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
39,512 SF
Lot
2.93 ac (127,631 SF)
Zoning code
LI
APN
42-00-03065-30-4
UPID
US73-2078692
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
-
ISES Educational Institution University
-
Montgomery County Higher Educ County Government Office
-
LabCorp Diagnostic Center Drug Testing Service
-
PMSI Division of Internal Medicine Medical Clinic
-
EasyPEO Human Resource Consulting Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
Parec Pottstown Office Associa · 28 yrs held
Parec Pottstown Office Associa
since 1998
5 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
$6,465,000
Current use
MEDICAL BUILDING
$6,230,000
Change: -4% · Conversion: Easy
RESTAURANT
$5,545,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,490,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±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
$94,265
Tax year 2023
Assessed value
$1,917,700
Assessed 2024
Previous assessed
$1,917,700
+0.0% YoY
Effective rate
4.92%
On assessed value
Total market value
$1,917,700
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
1986
Heating
FORCED AIR
Cooling
CENTRAL
Total area
39,512 SF
Lot
2.93 ac (127,631 SF)
Zoning code
LI
APN
42-00-03065-30-4
UPID
US73-2078692
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
$6.5M
MEDICAL BUILDING
Est. value
$6.2M
RESTAURANT
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.5M
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
1986
Heating
FORCED AIR
Cooling
Yes
Lot
2.93 ac
Current owner
From public records · entity-resolved
Parec Pottstown Office Associa
Individual
Free & Clear · 28 yrs held
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2016
—
Parec Pottstown Office Associates
—
Deed
related
$4,200,000 · Vist Financial
May 13, 2011
—
Parec Pottstown Office Assocs
—
Deed Of Trust
related
$3,100,000 · Firstrust Bank
Jul 1, 1998
$1,500,000
Parec Pottstown Office Associa
Rouse & Associates
Trustees Deed
—
Jul 1, 1998
$1,050,000
Parec Pottstown Office Associa
1566 Medical Drive Associates
Trustees Deed
—
—
—
Lincoln Nat Life I Co
—
Deed Of Trust
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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