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Property profile & analytics
OFF-MARKET
Office Spaces
2031 Broad St Lansdale, PA 19446-1063
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1379201
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1986
Total area
1,107 SF
Lot
0.03 ac (1,107 SF)
Zoning code
LPO
APN
35-00-01153-80-1
UPID
US73-1379201
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
-
M. Myers & Associates, LLC Accounting Firm
-
Thrivent Financial: Lutherans Insurance Agency
-
Lansdale Family Dentistry Dental Office
-
Dilip Dudhat, DMD Dental Office
-
Ralph J. Petrucci, EDD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
924 Main Htown LLC · 4 yrs held
924 Main Htown LLC
since 2021
Last sale
$145,000
7 recorded transactions
Zoning & alternative use
LPO · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,872
Tax year 2023
Assessed value
$96,710
Assessed 2024
Previous assessed
$96,710
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$15,780
Assessed improvement
$80,930
Land market value
$15,780
Improvement market value
$80,930
Total market value
$96,710
Applied tax rate
35.0000
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
1986
Heating
FORCED AIR
Cooling
CENTRAL
Total area
1,107 SF
Lot
0.03 ac (1,107 SF)
Zoning code
LPO
APN
35-00-01153-80-1
UPID
US73-1379201
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LPO · Lansdale, PA
Zoning LPO · permitted uses
LPO · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
FORCED AIR
Cooling
Yes
Lot
0.03 ac
Current owner
From public records · entity-resolved
924 Main Htown LLC
Entity
Mailing address
924 MAIN ST, HELLERTOWN, PA 18055-1525
Ownership since
2021
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
Aug 3, 2021
$145,000
924 Main Htown LLC
Plark LLC
Deed
—
Feb 14, 2017
$140,000
Plark LLC
Taeho Kang
Deed
—
May 30, 2014
$170,000
Taeho Kang
Jake Gama Realty LLC
Grant Deed
—
Jun 1, 2012
$146,000
Jake Gama Realty LLC
Glancey Properties LLC
Grant Deed
$116,800 · Milestone Bank
Jan 28, 2005
—
Glancey Properties LLC
Glancey,brian P & Theresa M
Quit Claim Deed
related
—
Jun 19, 1998
$105,000
Brian P Glancey
G K G Associates
Grant Deed
$100,000 · National Penn Bank
—
—
Glancey Properties LLC
—
Deed Of Trust
related
$120,000 · First Service 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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