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Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Flex space
20 Un Ave, Lansdowne, PA 19050-2239
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1141634
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Total area
59,217 SF
Lot
1.39 ac (60,455 SF)
APN
23-00-03198-00
UPID
US73-1141634
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
$4.40M
CAP Approach
CAP
$5.53M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.40M
Owner & transaction history
Mick Mick LLC · 1 yrs held
Mick Mick LLC
since 2024
Last sale
$4.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.0M
+70.4%
Office building
$6.7M
+63.0%
Warehouse, storage
$4.6M
+10.5%
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 Lansdowne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdowne 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
$4,400,000
ML approach
$4,400,000
CAP Approach
CAP Return
Estimation
6%
$5,985,000
6.5%
$5,525,000
7%
$5,130,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,125,000
Current use
AUTO REPAIR, GARAGE
$7,025,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$6,725,000
Change: +63% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,560,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,685,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±10% · vs last sale $4.40M (Oct 7 2024)
Last sale anchor
$4.40M
Oct 7 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
$74 / 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
$34,379
Tax year 2024
Assessed value
$834,990
Assessed 2024
Previous assessed
$834,990
+0.0% YoY
Effective rate
4.12%
On assessed value
Assessed land
$165,630
Assessed improvement
$669,360
Total market value
$834,990
Applied tax rate
2,317.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Heating
NONE
Total area
59,217 SF
Lot
1.39 ac (60,455 SF)
APN
23-00-03198-00
UPID
US73-1141634
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.7M
WAREHOUSE, STORAGE
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
COMMERCIAL (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
1980
Heating
NONE
Lot
1.39 ac
Current owner
From public records · entity-resolved
Mick Mick LLC
Entity
Mailing address
5 BLUE RDG DR, LEVITTOWN, PA 19057-3001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
$4,400,000
Mick Mick LLC
Tillman Real Estate Associates
Deed
$3,500,000 · Philadelphia FCU
Feb 12, 2021
$141,000
Pa Brothers INC
Albert J Sgro JR
Special Warranty Deed
—
Oct 6, 2005
$1
Real Estate Assocs Tillman
Tillman Real Estate Associate
Grant Deed
$900,000 · Hudson United Bank
—
—
Real Estate Assoc Tillman
—
Deed Of Trust
related
$463,316 · Jefferson Bank
—
—
Real Estate Assocs LP Tillman
—
Loan Modification
related
$519,166 · Td Bank NA
—
—
Tillman Real Estate Associates
—
Deed Of Trust
related
$100,000 · Hudson United 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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