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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Apartment buildings
205 Walnut St Green Lane, PA 18054-2333
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2641042
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Total area
9,120 SF
Lot
0.33 ac (14,500 SF)
Zoning code
GA
APN
07-00-00501-00-5
UPID
US73-2641042
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
$2.68M
CAP Approach
CAP
$1.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.61M
Owner & transaction history
Cottage Street Investments LLC · 3 yrs held
Cottage Street Investments LLC
since 2022
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
GA · Green Lane, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ons. § 415-13 Area regulations. § 415-14 Height regulations. Article V R-3 Residential Districts § 415-15 Use regulations. § 415-16 Area regulations. § 415-17 Height regulations. § 415-18 Accessory buildings. Article VI GA Garden Apartment Districts § 415-19 Declaration of legislative intent. § 415-20 Use regulations. § 415-21 Area regulations. § 415-22 Heig…
Zone name
Garden Apartment
General category
COMMERCIAL
Zone area
2.40 ac
Top alternative use upside
Auto repair, garage
$2.7M
+112.7%
Retail stores
$2.5M
+93.7%
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 Green Lane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Green Lane 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
$2,640,000
ML approach
$2,675,000
CAP Approach
CAP Return
Estimation
6%
$2,055,000
6.5%
$1,895,000
7%
$1,760,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,695,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$2,455,000
Change: +94% · Conversion: Difficult
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10% · vs last sale $2.55M (Sep 15 2022)
Last sale anchor
$2.55M
Sep 15 2022
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
$286 / 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
$9,024
Tax year 2023
Assessed value
$261,010
Assessed 2024
Previous assessed
$261,010
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$82,740
Assessed improvement
$178,270
Land market value
$82,740
Improvement market value
$178,270
Total market value
$261,010
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1973
Heating
NONE
Cooling
NONE
Units
8
Total area
9,120 SF
Lot
0.33 ac (14,500 SF)
Zoning code
GA
APN
07-00-00501-00-5
UPID
US73-2641042
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GA · Green Lane, PAZoning GA · permitted uses
GA · Green Lane, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ons. § 415-13 Area regulations. § 415-14 Height regulations. Article V R-3 Residential Districts § 415-15 Use regulations. § 415-16 Area regulations. § 415-17 Height regulations. § 415-18 Accessory buildings. Article VI GA Garden Apartment Districts § 415-19 Declaration of legislative intent. § 415-20 Use regulations. § 415-21 Area regulations. § 415-22 Height regulations. § 415-23 Development regulations. § 415-24 Submission of plans. Ar
Zone name
Garden Apartment
General category
COMMERCIAL
Zone area
2.40 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
RETAIL STORES
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
1973
Heating
NONE
Cooling
Yes
Units
8
Lot
0.33 ac
Current owner
From public records · entity-resolved
Cottage Street Investments LLC
Entity
Mailing address
PO BOX 52385, PHILADELPHIA, PA 19115-7385
Ownership since
2022
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
Sep 15, 2022
$2,550,000
Cottage Street Investments LLC
Green Lane Holdings LLC
Deed
$1,725,000 · Firstrust Bank
Dec 14, 2020
$302,400
Green Lane Holdings LLC
Barry Kaplan
Grant Deed
related
—
Dec 16, 1998
$729,400
Gloria W Kaplan
Matczak,john F
Grant Deed
—
—
—
Gloria Wene
—
Deed Of Trust
related
$379,400 · 1st Main Line Bank
—
—
Gloria W Kaplan
—
Deed Of Trust
related
$114,750 · 1st Main Line Bank
—
—
Gloria Wene
—
Deed Of Trust
related
$150,000 · 1st Main Line 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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