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Property profile & analytics
OFF-MARKET
Estimated value
$1,910,000
Warehouses
2040-2042 Lucon Rd Schwenksville, PA 19473
Individually Owned
~
Est. High Equity
Property ID
US73-6000234
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
22,800 SF
Lot
4.81 ac (209,524 SF)
Zoning code
LI
APN
51-00-02311-50-9
UPID
US73-6000234
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
$2.30M
Blend (final)
Blend
$1.91M
Owner & transaction history
Nina K Kibblehouse
Nina K Kibblehouse
since 2026
7 recorded transactions
Zoning & alternative use
LI · Schwenksville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.2M
+51.6%
Neighborhood: shopping center
$3.0M
+42.2%
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
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
WAREHOUSE, STORAGE
$2,090,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,170,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,970,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$1.91M
Range $1.72M – $2.10M · ±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
$84 / 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
$31,447
Tax year 2023
Assessed value
$750,930
Assessed 2024
Previous assessed
$750,930
+0.0% YoY
Effective rate
4.19%
On assessed value
Total market value
$750,930
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Heating
OTHER
Cooling
NONE
Total area
22,800 SF
Lot
4.81 ac (209,524 SF)
Zoning code
LI
APN
51-00-02311-50-9
UPID
US73-6000234
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
WAREHOUSE, STORAGE Current
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.0M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1965
Heating
OTHER
Cooling
Yes
Lot
4.81 ac
Current owner
From public records · entity-resolved
Nina K Kibblehouse
Individual
Mailing address
PO BOX 196, SKIPPACK, PA 19474-0196
Ownership since
2026
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
Mar 19, 2026
—
Nina K Kibblehouse
John R Kibblehouse SR 2022 Revocabl
Deed
related
—
Jun 4, 2018
$1,325,000
Wynstone Nominee 15 LLC
Global Customs LLC
Grant Deed
$1,060,000 · Univest Bk & Tr Co
Aug 2, 2007
—
Harleysville Nat Bk & T Co
Global Customs LLC
Grant Deed
related
—
May 10, 2004
$1,000,000
Global Customs LLC
Demeno Prop
Grant Deed
$1,000,000 · Harleysville Nat Bk&t Co
Jun 5, 2002
$700,000
Demeno Properties LP
Baldassari,james J Tr
Grant Deed
$700,000 · James J Baldassari Trustee
Jun 5, 2002
—
Demeno Properties LP
—
Deed Of Trust
related
$2,100,000 · Union Nat'l Bk & Tr Souderton
—
—
Demeno Prop
—
Deed Of Trust
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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