Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,880,000
Warehouses
215 Church Rd King Of Prussia, PA 19406-3203
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5592843
Property summary
AI-generated overview
This exceptional investment opportunity presents two strategically located office buildings in King of Prussia, Pennsylvania's thriving Montgomery County. The portfolio comprises a multi-tenant office building and a single-tenant building currently under a long-term lease with Playtime Pet Resort. The combined portfolio offers a substantial 55,324 square feet of net rentable space, distributed across two buildings situated on a 4.79-acre lot. Currently boasting 100% occupancy, this stabilized investment features a weighted average lease term remaining (WALT) exceeding six years, providing significant long-term income potential. The property is zoned LI (Limited Industrial) and is offered for sale either as a complete portfolio or as two individual properties. Note that if sold separately, a condominium structure would be established. The address is 215-217 W Church Rd, King of Prussia, PA 19406. Individual building square footage ranges from 16,015 to 55,324 square feet. This presents a rare opportunity to acquire a high-performing, fully leased commercial real estate portfolio in a prime location.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Total area
85,320 SF
Lot
4.79 ac (208,652 SF)
Zoning code
LI
APN
58-00-03355-00-7
UPID
US73-5592843
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
-
John Kraus - Realty Mark Associates Real Estate Agency
-
Aunt Rakies Biscotti Bakery Specialty Food Shop
-
Meredith Gayle Murphy Alternative Medicine Practice Acupuncture
-
King of Prussia Bridge Club Bridge Club Social Club
-
Leslie Russell Associate Broker, Realty Mark Associates-KOP Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.04M
Blend (final)
Blend
$3.88M
Owner & transaction history
Vist Bk · 15 yrs held
Vist Bk
since 2010
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
LI · King Of Prussia, 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 King Of Prussia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King Of Prussia 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
Blend value · Realmo final
$3.88M
Range $3.49M – $4.27M · ±10% · vs last sale $3.80M (Jan 13 2026)
Last sale anchor
$3.80M
Jan 13 2026
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
$45 / 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
$75,207
Tax year 2023
Assessed value
$2,440,350
Assessed 2024
Previous assessed
$2,440,350
+0.0% YoY
Effective rate
3.08%
On assessed value
Total market value
$2,440,350
Applied tax rate
58.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Heating
ELECTRIC
Cooling
CENTRAL
Stories
3
Total area
85,320 SF
Lot
4.79 ac (208,652 SF)
Zoning code
LI
APN
58-00-03355-00-7
UPID
US73-5592843
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · King Of Prussia, PA
Zoning LI · permitted uses
LI · King Of Prussia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King Of Prussia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
ELECTRIC
Cooling
Yes
Stories
3
Lot
4.79 ac
Current owner
From public records · entity-resolved
Vist Bk
Individual
Mailing address
2929 WALNUT ST STE #1540, PHILADELPHIA, PA 19104-5437
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2010
—
Vist Bk
Ykop Gp LLC
Grant Deed
related
$3,880,000 · Vist Bank
Apr 2, 2008
—
Ykop LP Ykop Gp LLC
Ykop
Quit Claim Deed
related
—
Aug 30, 2007
$4,350,000
Ykop
Lasalle Bank NA 2002-fx1
Grant Deed
—
Aug 30, 2007
—
Nova Savings Bank
Ykop Gp LLC
Grant Deed
related
—
May 18, 2007
—
Cdc Coml Mtg Trust 2002 Fx-1
Churoad Associates
Grant Deed
—
Nov 5, 1997
$1,900,000
Churoad Assoc LP
Bryn Mawr Trust Co
Grant Deed
$7,200,000 · Bank Of New York
Nov 5, 1997
—
Churoad Associates LP
—
Grant Deed
related
$7,200,000 · Bank Of New York
—
—
Churoad Associates LP
—
Deed Of Trust
related
$4,276,238 · Capital Company
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 215 Church Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
