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Property profile & analytics
OFF-MARKET
Estimated value
$3,035,000
Apartment buildings
200 Montgomery Ave, Ardmore, PA 19003-2417
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US73-5866209
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Total area
28,944 SF
Lot
0.82 ac (35,650 SF)
Zoning code
R7
APN
40-00-38376-00-5
UPID
US73-5866209
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
-
Louis P. Bucky, MD, FACS Spa & Massage Center Alternative Medicine Practice
-
Exxon Gas Station
-
Llanfair Court Apts. Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
Llanfair Court · 21 yrs held
Llanfair Court
since 2005
5 recorded transactions
Zoning & alternative use
R7 · Ardmore, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.7M
+17.7%
Medical building
$4.6M
+13.4%
Restaurant
$4.1M
+1.0%
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 Ardmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ardmore 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
APARTMENT HOUSE (5+ UNITS)
$4,025,000
Current use
OFFICE BUILDING
$4,735,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$4,560,000
Change: +13% · Conversion: Moderate
RESTAURANT
$4,065,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,775,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$3.04M
Range $2.73M – $3.34M · ±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
$105 / 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
$46,317
Tax year 2023
Assessed value
$1,109,050
Assessed 2024
Previous assessed
$1,109,050
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$1,109,050
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
NONE
Units
20
Total area
28,944 SF
Lot
0.82 ac (35,650 SF)
Zoning code
R7
APN
40-00-38376-00-5
UPID
US73-5866209
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R7 · Ardmore, PA
Zoning R7 · permitted uses
R7 · Ardmore, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ardmore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$4.0M
OFFICE BUILDING
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.6M
RESTAURANT
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
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
1960
Heating
NONE
Cooling
Yes
Units
20
Lot
0.82 ac
Current owner
From public records · entity-resolved
Llanfair Court
Individual
Mailing address
PO BOX 739, ARDMORE, PA 19003-0739
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2009
—
Jerrehian
—
Deed Of Trust
related
$2,250,000 · Bryn Mawr Trust Co
Jun 21, 2005
$2,600,000
Llanfair Court
Jerrehian
Grant Deed
$1,950,000 · United Savings Bank
Mar 15, 2002
—
Jerrehian
—
Deed Of Trust
related
$3,000,000 · Bryn Mawr Trust Co
—
—
Jerrehian
—
Deed Of Trust
related
$3,000,000 · Bryn Mawr Trust Co
—
—
Rita J Bush
—
Deed Of Trust
related
$100,000 · Bryn Mawr Trust Co
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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