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Property profile & analytics
OFF-MARKET
Estimated value
$42,790,000
Super regional malls
2000 Chemical Rd Plymouth Meeting, PA 19462
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US73-2211426
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2000
Total area
469,066 SF
Lot
47 ac (2,047,320 SF)
Zoning code
MU
APN
49-00-03889-40-9
UPID
US73-2211426
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
by Request
Comparable Approach
Comparable
$32.89M
Blend (final)
Blend
$42.79M
Owner & transaction history
Metroplex West Associates LP · 27 yrs held
Metroplex West Associates LP
since 1999
6 recorded transactions
Zoning & alternative use
MU · Plymouth Meeting, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$65.8M
+7.7%
Apartment house (5+ units)
$65.2M
+6.6%
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 Plymouth Meeting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth Meeting 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
NEIGHBORHOOD: SHOPPING CENTER
$61,140,000
Current use
RESTAURANT
$65,840,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$65,195,000
Change: +7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$52,455,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$42.79M
Range $38.51M – $47.07M · ±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
$91 / 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
$1,433,848
Tax year 2023
Assessed value
$43,690,940
Assessed 2024
Previous assessed
$43,690,940
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$15,607,510
Assessed improvement
$28,083,430
Land market value
$15,607,510
Improvement market value
$28,083,430
Total market value
$43,690,940
Applied tax rate
49.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Total area
469,066 SF
Lot
47 ac (2,047,320 SF)
Zoning code
MU
APN
49-00-03889-40-9
UPID
US73-2211426
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MU · Plymouth Meeting, PA
Zoning MU · permitted uses
MU · Plymouth Meeting, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth Meeting. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$61.1M
RESTAURANT
Est. value
$65.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$65.2M
INDUSTRIAL (GENERAL)
Est. value
$52.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2000
Heating
FORCED AIR
Cooling
Yes
Lot
47 ac
Current owner
From public records · entity-resolved
Metroplex West Associates LP
Entity
Mailing address
350 SENTRY PKWY #300, BLUE BELL, PA 19422-2314
Ownership since
1999
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 2, 2023
—
Metroplex West Associates LP
—
Deed
related
—
Nov 2, 2011
—
Metroplex West Associates LP
—
Deed Of Trust
related
$87,500,000 · New York Life Insurance
Sep 14, 2011
—
Metroplex West Associates LP
—
Deed Of Trust
related
$87,500,000 · New York Life Insurance
Oct 24, 2001
—
Metroplex West Associates LP
—
Deed Of Trust
related
$65,500,000 · Column Financial INC
Jun 2, 1999
—
Metroplex West Associates LP
Mp West Agent INC
Grant Deed
$74,550,000 · Nationsbank
—
—
Metroplex West Associates
—
Deed Of Trust
related
$1,800,000 · Bank Of America
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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