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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Commercial real estate
2039 Lucon Rd Schwenksville, PA 19473-2013
Entity Owned
6-yr Hold
Property ID
US73-2536357
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1743
Total area
4,460 SF
Lot
5.61 ac (244,372 SF)
Zoning code
LI
APN
51-00-02329-00-5
UPID
US73-2536357
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
$570k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$560k
Owner & transaction history
Mks Property Management LLC · 6 yrs held
Mks Property Management LLC
since 2020
Last sale
$520,000
3 recorded transactions
Zoning & alternative use
LI · Schwenksville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$730,000
+74.8%
Medical building
$705,000
+68.4%
Neighborhood: shopping center
$580,000
+39.3%
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 Schwenksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schwenksville 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
$590,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$415,000
Current use
OFFICE BUILDING
$730,000
Change: +75% · Conversion: Easy
MEDICAL BUILDING
$705,000
Change: +68% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +39% · Conversion: Difficult
WAREHOUSE, STORAGE
$410,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $520k (Feb 6 2020)
Last sale anchor
$520k
Feb 6 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
$126 / 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
$12,989
Tax year 2023
Assessed value
$310,160
Assessed 2024
Previous assessed
$310,160
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$181,890
Assessed improvement
$128,270
Land market value
$181,890
Improvement market value
$128,270
Total market value
$310,160
Applied tax rate
51.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1743
Heating
NONE
Cooling
NONE
Stories
2
Rooms
9
Bathrooms
3
Total area
4,460 SF
Lot
5.61 ac (244,372 SF)
Zoning code
LI
APN
51-00-02329-00-5
UPID
US73-2536357
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Schwenksville, PA
Zoning LI · permitted uses
LI · Schwenksville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schwenksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$415,000
OFFICE BUILDING
Est. value
$730,000
MEDICAL BUILDING
Est. value
$705,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$410,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1743
Heating
NONE
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
3
Lot
5.61 ac
Current owner
From public records · entity-resolved
Mks Property Management LLC
Entity
Mailing address
300 WALNUT ST, LANSDALE, PA 19446-2420
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2020
$520,000
Mks Property Management LLC
Lynne C Brockett
Grant Deed
$416,000 · American Heritage FCU
Jul 7, 2017
$545,000
Lynne C Brockett
Wentz Harry T JR Trust
Grant Deed
—
Dec 26, 2006
—
Wentz Harry T JR Trust
Wentz,harry T JR
Quit Claim Deed
related
—
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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