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Property profile & analytics
OFF-MARKET
Estimated value
$13,195,000
Office buildings
1690 Sumneytown Pike 4 Lansdale, PA 19446-4882
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5722206
Property summary
AI-generated overview
This exceptional three-story, Class A office building, totaling 77,077 square feet, presents a prime opportunity for businesses seeking prestigious Lansdale office space. Strategically located at the Lansdale Interchange of the Pennsylvania Turnpike (I-476), this property offers unparalleled accessibility and visibility. Built in 2004, the building boasts modern amenities and a sophisticated design. Multiple tenancy options are available, ranging from 1,433 to 8,164 square feet, catering to diverse business needs. The property sits on a 1.78-acre lot and includes 1000 parking spaces, ensuring ample convenience for employees and clients. High-speed elevators efficiently service all three floors. The building is zoned BC and features a Montgomery County address (APN: 53-08256016, 53-08256034). This executive office space in Lansdale, Pennsylvania (zip code 19446) provides a professional and productive work environment, perfectly situated for easy access to major transportation routes. The building's modern design and prime location make it an ideal choice for businesses seeking a high-profile presence in the thriving Lansdale market. Contact us today to explore the available suites and discover how this exceptional property can benefit your organization.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
77,700 SF
Lot
1.78 ac (77,500 SF)
Zoning code
BC
APN
53-00-08256-01-6
UPID
US73-5722206
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
-
Almac Group Industrial Manufacturer Production Facility
-
NetLine Corporation Advertising Agency Marketing & Advertising
-
Butrica Ployd and Associates Accounting Firm
-
Care Factory Home Care Home Health Care Service
-
LARRY IAN BARMAT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.58M
Blend (final)
Blend
$13.20M
Owner & transaction history
Cb Spectrum Partners LP · 13 yrs held
Cb Spectrum Partners LP
since 2013
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
BC · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$20.9M
+64.6%
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
OFFICE BUILDING
$12,715,000
Current use
RETAIL STORES
$20,920,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$12,245,000
Change: -4% · Conversion: Easy
RESTAURANT
$10,905,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,800,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$13.20M
Range $11.88M – $14.51M · ±10% · vs last sale $13.50M (Sep 20 2024)
Last sale anchor
$13.50M
Sep 20 2024
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
$170 / 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
$236,950
Tax year 2023
Assessed value
$5,850,000
Assessed 2024
Previous assessed
$5,850,000
+0.0% YoY
Effective rate
4.05%
On assessed value
Total market value
$5,850,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Total area
77,700 SF
Lot
1.78 ac (77,500 SF)
Zoning code
BC
APN
53-00-08256-01-6
UPID
US73-5722206
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
OFFICE BUILDING Current
Est. value
$12.7M
RETAIL STORES
Est. value
$20.9M
MEDICAL BUILDING
Est. value
$12.2M
RESTAURANT
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.8M
OFFICE BUILDING Current
RETAIL STORES
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
2003
Heating
FORCED AIR
Cooling
Yes
Lot
1.78 ac
Current owner
From public records · entity-resolved
Cb Spectrum Partners LP
Entity
Mailing address
1120 WELSH RD STE #170, NORTH WALES, PA 19454-3710
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
36 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2020
—
Cb Spectrum Partners LP
—
Deed
related
$9,200,000 · Phoenixville Fed'l Bk&tr
Feb 18, 2015
—
Cb Spectrum Partners LP
—
Grant Deed
related
$9,850,000 · Bank Of America
Apr 17, 2013
$1,105,425
Cb Spectrum Partners LP
Bnm Investments LLC
Grant Deed
—
Mar 11, 2013
—
Cb Spectrum Partners LP
—
Trustees Deed
related
$945,000 · Pnc Bank
Jun 17, 2009
—
Cb Spectrum Partners
—
Deed Of Trust
related
$11,386,589 · National City Bank
Oct 3, 2006
—
National City Bk
Bnm Invest LLC
Grant Deed
related
—
Jul 31, 2006
$334,674
Cb Spectrum Partners
Roseman Family Trust
Grant Deed
—
Jul 31, 2006
$311,725
Cb Spectrum Partners
Xdo Hamp Ttca LLC
Grant Deed
—
Jul 31, 2006
$217,379
Cb Spectrum Partners
Hammond Ttca LLC
Grant Deed
—
Jul 31, 2006
$197,717
Cb Spectrum Partners
Grinberg Ttca LLC
Grant Deed
—
Jul 31, 2006
$2,610,573
Cb Spectrum Partners
Towamencin Town Center Assocs
Grant Deed
—
Jul 31, 2006
$277,053
Cb Spectrum Partners
Roth Ttca LLC
Grant Deed
—
Jul 31, 2006
$230,128
Cb Spectrum Partners
Schnauzer Realty LLC
Grant Deed
—
Jul 31, 2006
$867,603
Cb Spectrum Partners
Goldstein William S Trust
Grant Deed
—
Jul 31, 2006
$583,290
Cb Spectrum Partners
Douglas J Detweiler Towamencin
Grant Deed
—
Jul 31, 2006
$429,658
Cb Spectrum Partners
Macdonald-eastlake LLC
Grant Deed
—
Apr 6, 2005
$1,000,000
Towamencin Town Center Assocs
Dee Dev
Grant Deed
—
Apr 6, 2005
$558,000
Towamencin Town Center Assocs
Naper
Grant Deed
—
Apr 6, 2005
$490,000
Towamencin Town Center Assocs
Waverley Place Realty Trust
Grant Deed
—
Jan 3, 2005
$296,300
Roth Ttca LLC
Towamencin Town Center Assocs
Grant Deed
—
Jan 3, 2005
$275,000
Hammond Ttca LLC
Towamencin Town Center Assocs
Grant Deed
—
Dec 15, 2004
$250,000
Grinberg Ttca LLC
Towamencin Town Center Assocs
Grant Deed
—
Nov 10, 2004
$394,800
Xdo Hamp Ttca LLC
Towamencin Town Center Assocs
Grant Deed
—
Oct 8, 2004
$738,562
Douglas J Detweiler Towamencin
Towamencin Town Center Assocs
Grant Deed
related
—
Aug 20, 2004
$544,000
Macdonald-eastlake LLC
Towamencin Town Ctrassocs
Grant Deed
—
Jun 22, 2004
$291,300
Schnauzer Realty LLC
Towamencin Town Ctrassocs
Grant Deed
—
Apr 15, 2004
$400,000
Roseman Family Inter Vivos
Trefoil Gp INC
Grant Deed
—
Apr 15, 2004
$23,750
Roseman Family Inter Vivos
Trefoil Gp INC
Grant Deed
—
Mar 10, 2004
$1,098,003
William S Goldstein
Trefoil Gp INC
Grant Deed
—
Jan 28, 2004
$558,000
Towamencin Twp
Trefoil Gp INC
Grant Deed
—
Jan 28, 2004
$490,000
Towamencin Twp
Trefoil Gp INC
Grant Deed
—
Nov 12, 2003
—
Towamencin Twp
Trefoil Gp INC
Grant Deed
related
—
Sep 16, 2002
$1,000,000
Dee Development Co
Tow Amencin Town Center Assoc
Grant Deed
—
Jun 10, 2002
$1,434,000
Bnm Investments LLC
Towamencin Town Center Assoc
Grant Deed
$3,500,000 · Hilton Realty Co
—
—
Towamencin Town Center Assoc
—
Deed Of Trust
related
$4,700,000 · Blue Ball National Bank
—
—
Cb Spectrum Partners LP
—
Deed Of Trust
related
$9,200,000 · Phoenixville Fed'l Bk&tr
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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