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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Warehouses
187 8th St Pennsburg, PA 18073-1623
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-0890015
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1953
Total area
7,627 SF
Lot
4.34 ac (189,050 SF)
Zoning code
SC
APN
15-00-00379-00-2
UPID
US73-0890015
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
$725k
Owner & transaction history
East-penn Hill Properties LLC · 10 yrs held
East-penn Hill Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
SC · Pennsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ions. § 110-904 Drive-through facilities. § 110-905 Development regulations. § 110-906 Plan requirements. § 110-907 Alterations and/or removal of existing principal buildings and construction of new buildings. Article X SC Shopping Center District § 110-1000 Declaration of legislative intent. § 110-1001 Permitted uses. § 110-1002 Dimensional regulations. § 1…
Zone name
Shopping Center District
General category
COMMERCIAL
Zone area
17.33 ac
Top alternative use upside
Medical building
$1.2M
+71.9%
Restaurant
$1.1M
+53.1%
Apartment house (5+ units)
$1.1M
+51.6%
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 Pennsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pennsburg 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
WAREHOUSE, STORAGE
$700,000
Current use
MEDICAL BUILDING
$1,200,000
Change: +72% · Conversion: Difficult
RESTAURANT
$1,070,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,060,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$995,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$95 / 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
$14,192
Tax year 2023
Assessed value
$347,880
Assessed 2024
Previous assessed
$347,880
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$231,350
Assessed improvement
$116,530
Land market value
$231,350
Improvement market value
$116,530
Total market value
$347,880
Applied tax rate
15.0000
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
1953
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
7,627 SF
Lot
4.34 ac (189,050 SF)
Zoning code
SC
APN
15-00-00379-00-2
UPID
US73-0890015
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SC · Pennsburg, PAZoning SC · permitted uses
SC · Pennsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ions. § 110-904 Drive-through facilities. § 110-905 Development regulations. § 110-906 Plan requirements. § 110-907 Alterations and/or removal of existing principal buildings and construction of new buildings. Article X SC Shopping Center District § 110-1000 Declaration of legislative intent. § 110-1001 Permitted uses. § 110-1002 Dimensional regulations. § 110-1003 Development regulations. § 110-1004 Satellite use regulations. § 110-1005
Zone name
Shopping Center District
General category
COMMERCIAL
Zone area
17.33 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$700,000
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$995,000
WAREHOUSE, STORAGE Current
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
1953
Heating
HEAT PUMP
Cooling
Yes
Lot
4.34 ac
Current owner
From public records · entity-resolved
East-penn Hill Properties LLC
Entity
Mailing address
187 W 8TH ST, PENNSBURG, PA 18073-1623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
May 3, 2016
—
East-penn Hill Properties LLC
Baver,bruce W & David G
Grant Deed
—
Apr 14, 2010
—
Loretta F Baver
Baver Gordon H
Quit Claim Deed
related
—
Dec 14, 2006
—
Gordon H Baver
Baver,gordon H & Loretta F
Quit Claim Deed
related
—
Jul 10, 2002
—
Gordon H Baver
Upper Hanover Township Industr
Grant Deed
related
—
—
—
David G Baver
—
Deed Of Trust
related
$116,847 · Univest Bank & Trust Co
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.
Try Rey
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