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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Office Spaces
197 Royersford Rd 3 Linfield, PA 19468-1851
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1874251
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1997
Total area
7,895 SF
Lot
1.07 ac (46,418 SF)
Zoning code
HC
APN
37-00-04319-00-9
UPID
US73-1874251
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
-
The Goddard School of Royersford Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.34M
Owner & transaction history
Lewis Road Associates LP · 21 yrs held
Lewis Road Associates LP
since 2004
7 recorded transactions
Zoning & alternative use
HC · Linfield, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+64.6%
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 Linfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Linfield 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
OFFICE BUILDING
$1,290,000
Current use
RETAIL STORES
$2,125,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$1,245,000
Change: -4% · Conversion: Easy
RESTAURANT
$1,110,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,095,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±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
$169 / 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
$26,688
Tax year 2023
Assessed value
$690,200
Assessed 2024
Previous assessed
$690,200
+0.0% YoY
Effective rate
3.87%
On assessed value
Total market value
$690,200
Applied tax rate
37.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
CENTRAL
Total area
7,895 SF
Lot
1.07 ac (46,418 SF)
Zoning code
HC
APN
37-00-04319-00-9
UPID
US73-1874251
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HC · Linfield, PA
Zoning HC · permitted uses
HC · Linfield, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Linfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1997
Heating
FORCED AIR
Cooling
Yes
Lot
1.07 ac
Current owner
From public records · entity-resolved
Lewis Road Associates LP
Entity
Mailing address
1030 W GERMANTOWN PIKE, NORRISTOWN, PA 19403-3929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Apr 25, 2023
—
Lewis Road Associates LP
—
Deed
related
$43,500,000 · Td Bank NA
Jul 22, 2021
—
Lewis Road Associates LP
—
Deed
related
$50,000,000 · Capital One NA
Sep 4, 2018
—
Lewis Road Associates LP
—
Loan Modification
related
$50,000,000 · Penn Cmnty Bk
Sep 23, 2016
—
Lewis Road Associates LP
—
Deed
related
$50,000,000 · Capital One Bank NA
Oct 20, 2004
—
Lewis Road Associates LP
Owner,record
Grant Deed
related
—
May 22, 1997
—
Lewis Road Shopping Center Ass
—
Deed Of Trust
related
$2,050,000 · Pnc Bank
—
—
Lewis Road Shopping Center
—
Deed Of Trust
related
$400,000 · 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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