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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Investment properties
209 Broad St Lansdale, PA 19446-3816
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0062937
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1965
Total area
2,500 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C
APN
11-00-00912-00-4
UPID
US73-0062937
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
-
Lansdale Cash for Gold (Bike/Boat/Book/etc) Store
-
Indian Deli Department Store
-
Quick Way Food Mart Grocery & Convenience Store
-
ATM Atm
-
Russel's Convenience Store Inc . Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Tarunbhai Patel · 4 yrs held
Tarunbhai Patel
since 2022
3 recorded transactions
Zoning & alternative use
C · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Class C Residential Residential Apartment Professional Office A Professional Office B Limited Professional Office (LPO) Commercial Business Business (B-2) Business Park Overlay Industrial Floodplain Conservation Transit-Oriented Design Overlay Professional Office and Specialty Restaurant Conservation Overlay Retirement Village Overlay Downtown Business Overl…
Zone name
Commercial
General category
COMMERCIAL
Zone area
48.86 ac
Source
Zoning Code 2018 PDF
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
Method
Estimation
Statistic approach
by Request
ML approach
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±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
$114 / 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
$7,697
Tax year 2023
Assessed value
$182,990
Assessed 2024
Previous assessed
$182,990
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$65,550
Assessed improvement
$117,440
Land market value
$65,550
Improvement market value
$117,440
Total market value
$182,990
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
1
Total area
2,500 SF
Lot
0.17 ac (7,250 SF)
Zoning code
C
APN
11-00-00912-00-4
UPID
US73-0062937
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Lansdale, PAZoning C · permitted uses
C · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Class C Residential Residential Apartment Professional Office A Professional Office B Limited Professional Office (LPO) Commercial Business Business (B-2) Business Park Overlay Industrial Floodplain Conservation Transit-Oriented Design Overlay Professional Office and Specialty Restaurant Conservation Overlay Retirement Village Overlay Downtown Business Overlay Mixed-Use Overlay Business Center Revitalization Overlay Historic Rehabilitation Overlay
Zone name
Commercial
General category
COMMERCIAL
Zone area
48.86 ac
Source
Zoning Code 2018 PDF
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Tarunbhai Patel
Individual
Mailing address
509 GRAYSON LN, HARLEYSVILLE, PA 19438-2106
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
—
Tarunbhai Patel
Chimanbhai Patel
Intrafamily Transfer
related
$190,000 · Harleysville Bank
—
—
Chimanbhai Patel
—
Deed Of Trust
related
$121,600 · Willow Grove Bank
—
—
Lalifaben Patel
—
Deed Of Trust
related
$200,000 · Harleysville Savings 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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