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Property profile & analytics
OFF-MARKET
Estimated value
$2,990,000
Commercial land
1886 Swamp Pike Gilbertsville, PA 19525-9668
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0120552
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1940
Total area
31,063 SF
Lot
55.46 ac (2,415,838 SF)
Zoning code
CB1
APN
47-00-07308-00-7
UPID
US73-0120552
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
$3.34M
Blend (final)
Blend
$2.99M
Owner & transaction history
Redus De LLC · 15 yrs held
Redus De LLC
since 2011
7 recorded transactions
Zoning & alternative use
CB1 · Gilbertsville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.9M
+46.4%
Restaurant
$4.4M
+30.4%
Apartment house (5+ units)
$4.3M
+29.1%
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 Gilbertsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilbertsville 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
COMMERCIAL (GENERAL)
$3,345,000
Current use
MEDICAL BUILDING
$4,895,000
Change: +46% · Conversion: Easy
RESTAURANT
$4,360,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,315,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,050,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$2.99M
Range $2.69M – $3.29M · ±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
$96 / 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
$49,679
Tax year 2023
Assessed value
$1,321,980
Assessed 2024
Previous assessed
$1,321,980
+0.0% YoY
Effective rate
3.76%
On assessed value
Total market value
$1,321,980
Applied tax rate
47.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1940
Heating
YES
Total area
31,063 SF
Lot
55.46 ac (2,415,838 SF)
Zoning code
CB1
APN
47-00-07308-00-7
UPID
US73-0120552
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CB1 · Gilbertsville, PAZoning CB1 · permitted uses
CB1 · Gilbertsville, 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
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$4.9M
RESTAURANT
Est. value
$4.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
COMMERCIAL (GENERAL) 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
1940
Heating
YES
Lot
55.46 ac
Current owner
From public records · entity-resolved
Redus De LLC
Entity
Mailing address
2312 N BROAD ST, COLMAR, PA 18915-9725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Aug 25, 2020
—
Rp Wynstone LP
—
Deed Of Trust
related
$300,000 · Univest Bk & Tr Co
Nov 4, 2019
—
Rp Wynstone LP
—
Grant Deed
related
$4,200,000 · Univest Bk & Tr Co
Apr 20, 2011
$3,547
Redus De LLC
Sheriff Of Montgomery County
Trustees Deed
related
—
Apr 24, 2007
—
Wassmer Residential
Th Prop LLC
Grant Deed
related
—
Jun 4, 2004
$4,500,000
Th Prop
Airport Part Gp INC
Grant Deed
$2,250,000 · Wachovia Bank NA
Mar 7, 2001
—
New Hanover Airport LP
Kaas,mary E
Grant Deed
$1,250,000 · Security National Bank
Mar 2, 2001
$300,000
Wawa INC
Charles K Heinly Estate
Grant Deed
—
—
—
New Hanover Airport LP
—
Deed Of Trust
related
$264,000 · Security National Bank
—
—
Airport Partners G INC
—
Deed Of Trust
related
$615,000 · Security National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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