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Property profile & analytics
OFF-MARKET
Investment properties
185 Washington St, Pottstown, PA 19464-5957
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0675889
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
3,178 SF
Lot
0.04 ac (1,658 SF)
Zoning code
RMHD
APN
16-00-32568-00-5
UPID
US73-0675889
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
by Request
Owner & transaction history
Potts Properties LLC · 3 yrs held
Potts Properties LLC
since 2022
Last sale
$170,000
7 recorded transactions
Zoning & alternative use
RMHD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,770
Tax year 2023
Assessed value
$61,440
Assessed 2024
Previous assessed
$61,440
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$28,240
Assessed improvement
$33,200
Land market value
$28,240
Improvement market value
$33,200
Total market value
$61,440
Applied tax rate
16.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
NONE
Cooling
NONE
Stories
2
Total area
3,178 SF
Lot
0.04 ac (1,658 SF)
Zoning code
RMHD
APN
16-00-32568-00-5
UPID
US73-0675889
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RMHD · Pottstown, PA
Zoning RMHD · permitted uses
RMHD · 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.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Potts Properties LLC
Entity
Mailing address
311 CAMBRIDGE DR, ROYERSFORD, PA 19468-2845
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2022
$170,000
Potts Properties LLC
Noble Property Group LLC
Deed
$266,000 · The Victory Bank
Jun 9, 2021
$750,000
Noble Property Group LLC
Washington Street Commons LLC
Deed
$600,000 · First Resource Bank
Jul 10, 2014
—
Washington Street Commons LLC
Edleman,robert W & Kimberly A
Grant Deed
related
—
May 1, 2008
—
Susquehanna Bank Dv
Edleman,robert W
Grant Deed
related
—
Sep 5, 2000
$68,000
Robert W Edleman
Sparks,richard
Grant Deed
$62,000 · Patriot Bank NA
—
—
Robert W Edleman
—
Deed Of Trust
related
$375,000 · Patriot Bank NA
—
—
Robert W Edleman
—
Deed Of Trust
related
$50,000 · Susquehanna Bank
—
—
Robert W Edleman
—
Deed Of Trust
related
$5,000 · Individual
—
—
Kimberly A Edlwman
—
Deed Of Trust
related
$55,790 · Patriot Bank NA
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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