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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Office buildings
19 2nd St Media, PA 19063-2918
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-1395057
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Total area
4,446 SF
Lot
0.13 ac (5,600 SF)
APN
26-00-01451-00
UPID
US73-1395057
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
-
George M Leute, M.A. Physician Medical Clinic
-
William Hernz, M.D. Physician
-
Oberfield William J MD Physician
-
Absolute Real Estate Investment Real Estate Agency
-
Duran Creative Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$730k
Owner & transaction history
Lycurgus Southeast Opportunity Fund · 3 yrs held
Lycurgus Southeast Opportunity Fund
since 2023
Last sale
$735,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$765,000
+36.6%
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 Media submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Media 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
$750,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$560,000
Current use
COMMERCIAL (GENERAL)
$765,000
Change: +37% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $735k (Feb 1 2023)
Last sale anchor
$735k
Feb 1 2023
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
$164 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$12,196
Tax year 2024
Assessed value
$600,080
Assessed 2024
Previous assessed
$600,080
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$115,140
Assessed improvement
$484,940
Total market value
$600,080
Applied tax rate
2,610.0000
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
1925
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
4,446 SF
Lot
0.13 ac (5,600 SF)
APN
26-00-01451-00
UPID
US73-1395057
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
OFFICE BUILDING Current
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$530,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1925
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Lycurgus Southeast Opportunity Fund
Entity
Free & Clear · 3 yrs held
Mailing address
490 RIVERVIEW RD, SWARTHMORE, PA 19081-1221
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
$735,000
Lycurgus Southeast Opportunity Fund
Mb Advisors Real Estate LLC
Deed
—
Nov 16, 2021
—
Ari LLC
Cool Valley Investments LLC
Deed
—
Jan 6, 2015
$575,000
Mb Advisors Real Estate LLC
Lexcat Partners LLC
Deed
$431,250 · United Savings Bank
Feb 14, 2011
$500,000
Lexcat Partners LLC
Wwi Enterprises LLC
Deed
$350,000 · Iron Workers Bank
Sep 7, 2007
$545,000
Wwi Ents LLC
Oberfield,william J & Lynn W
Grant Deed
$410,000 · Quaint Oak Savings Bank
—
—
William J Oberfield
—
Deed Of Trust
related
$50,000 · Pnc Bank
—
—
William J Oberfield
—
Deed Of Trust
related
$198,500 · Pnc 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.
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