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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Warehouses
19 Groce Ave, Glenolden, PA 19036-1219
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-5888472
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
7,344 SF
Lot
0.18 ac (7,826 SF)
APN
15-00-01576-01
UPID
US73-5888472
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
$525k
Comparable Approach
Comparable
$477k
Blend (final)
Blend
$565k
Owner & transaction history
Advance Transit · 11 yrs held
Advance Transit
since 2015
Last sale
$785,000
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$870,000
+54.2%
Office building
$835,000
+47.5%
Commercial (general)
$610,000
+7.7%
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 Glenolden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenolden 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%
$570,000
6.5%
$525,000
7%
$490,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
AUTO REPAIR, GARAGE
$870,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$835,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: +8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$510,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $785k (Feb 28 2024)
Last sale anchor
$785k
Feb 28 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
$77 / 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
$12,841
Tax year 2024
Assessed value
$289,720
Assessed 2024
Previous assessed
$289,720
+0.0% YoY
Effective rate
4.43%
On assessed value
Assessed land
$46,830
Assessed improvement
$242,890
Total market value
$289,720
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
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
2017
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
7,344 SF
Lot
0.18 ac (7,826 SF)
APN
15-00-01576-01
UPID
US73-5888472
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
WAREHOUSE, STORAGE Current
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$870,000
OFFICE BUILDING
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$610,000
INDUSTRIAL (GENERAL)
Est. value
$510,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
2017
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Advance Transit
Individual
Free & Clear · 11 yrs held
Mailing address
613 W OAK LN, GLENOLDEN, PA 19036-1229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2015
$114,700
Advance Transit
Sheriff Of Delaware County|devine,robert W
Trustees Deed
related
—
May 10, 2004
$109,500
Robert W Devine
Hopkins,harold E
Grant Deed
$106,215 · Trident Mortgage Co
—
—
Lillian Hopkins
—
Deed Of Trust
related
$14,280 · First Union 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.
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