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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Investment properties
199 City Ave Bala Cynwyd, PA 19004
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2780642
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Total area
20,217 SF
Lot
0.14 ac (5,972 SF)
Zoning code
C2
APN
40-00-11084-00-9
UPID
US73-2780642
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
$3.04M
CAP Approach
CAP
$3.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Kenmore Investment Partners · 16 yrs held
Kenmore Investment Partners
since 2009
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
C2 · Bala Cynwyd, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+48.5%
Medical building
$3.2M
+46.4%
Restaurant
$2.8M
+30.4%
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 Bala Cynwyd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bala Cynwyd 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
$2,880,000
ML approach
$3,040,000
CAP Approach
CAP Return
Estimation
6%
$3,485,000
6.5%
$3,220,000
7%
$2,990,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,175,000
Current use
OFFICE BUILDING
$3,230,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$3,185,000
Change: +46% · Conversion: Easy
RESTAURANT
$2,840,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,810,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,635,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±10% · vs last sale $3.00M (Nov 16 2020)
Last sale anchor
$3.00M
Nov 16 2020
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
$150 / 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
$27,884
Tax year 2023
Assessed value
$667,680
Assessed 2024
Previous assessed
$667,680
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$227,600
Assessed improvement
$440,080
Land market value
$227,600
Improvement market value
$440,080
Total market value
$667,680
Applied tax rate
40.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Heating
NONE
Cooling
NONE
Total area
20,217 SF
Lot
0.14 ac (5,972 SF)
Zoning code
C2
APN
40-00-11084-00-9
UPID
US73-2780642
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Bala Cynwyd, PA
Zoning C2 · permitted uses
C2 · Bala Cynwyd, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bala Cynwyd. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.2M
RESTAURANT
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1930
Heating
NONE
Cooling
Yes
Lot
0.14 ac
Current owner
From public records · entity-resolved
Kenmore Investment Partners
Entity
Mailing address
101 BLUE SPRUCE DR, KENNETT SQUARE, PA 19348-4114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Nov 16, 2020
—
Weis Equity 199 LLC
—
Deed
related
$2,000,000 · Firstrust Bk
Apr 25, 2018
—
Kenmore Investment Partners LP
—
Deed
related
$500,000 · Vist Bk
Aug 12, 2009
$965,000
Kenmore Investment Partners
Feinberg,stephen
Grant Deed
—
Dec 8, 1998
$83,460
Stephen Feinberg
Msf Properties
Grant Deed
—
—
—
Kenmore Investment Partners LP
—
Loan Modification
related
$1,000,000 · Conestoga Bk
—
—
Kenmore Investment Partners LP
—
Deed Of Trust
related
$500,000 · Vist Bk
—
—
Weis Equity 199 LLC
—
Deed Of Trust
related
$2,000,000 · Firstrust Bk
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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