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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office buildings
219 Race St Ambler, PA 19002-4424
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-1087276
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
4,390 SF
Lot
0.36 ac (15,860 SF)
Zoning code
O
APN
01-00-03919-00-4
UPID
US73-1087276
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
$725k
Blend (final)
Blend
$620k
Owner & transaction history
Jamison Partners LP · 15 yrs held
Jamison Partners LP
since 2011
2 recorded transactions
Zoning & alternative use
O · Ambler, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
PART 13 C - COMMERCIAL DISTRICT §27-1301. Statement of Intent §27-1302. Use Regulations ZONING 27-4 5/18/2011 §27-1303. Dimensional Requirements §27-1304. Conditional Use Standards §27-1305. Parking Requirements PART 14 O - OFFICE DISTRICT §27-1401. Statement of Intent §27-1402. Use Regulations §27-1403. Dimensional Requirements §27-1404. Parking §27-1405. T…
Zone name
Office
General category
OPEN_SPACE
Zone area
6.71 ac
Source
Chapter27
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 Ambler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ambler 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
OFFICE BUILDING
$720,000
Current use
MEDICAL BUILDING
$690,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$141 / 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
$8,415
Tax year 2023
Assessed value
$226,320
Assessed 2024
Previous assessed
$226,320
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$44,220
Assessed improvement
$182,100
Land market value
$44,220
Improvement market value
$182,100
Total market value
$226,320
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
9
Bathrooms
1
Total area
4,390 SF
Lot
0.36 ac (15,860 SF)
Zoning code
O
APN
01-00-03919-00-4
UPID
US73-1087276
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
O · Ambler, PAZoning O · permitted uses
O · Ambler, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
PART 13 C - COMMERCIAL DISTRICT §27-1301. Statement of Intent §27-1302. Use Regulations ZONING 27-4 5/18/2011 §27-1303. Dimensional Requirements §27-1304. Conditional Use Standards §27-1305. Parking Requirements PART 14 O - OFFICE DISTRICT §27-1401. Statement of Intent §27-1402. Use Regulations §27-1403. Dimensional Requirements §27-1404. Parking §27-1405. Trash and Refuse Facilities §27-1406. Conditional Use Standards PART 15 I - INDUST
Zone name
Office
General category
OPEN_SPACE
Zone area
6.71 ac
Source
Chapter27
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$720,000
MEDICAL BUILDING
Est. value
$690,000
OFFICE BUILDING Current
MEDICAL BUILDING
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
1960
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Jamison Partners LP
Entity
Mailing address
1723 LAFAYETTE DR, JAMISON, PA 18929-1642
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2011
$350,000
Jamison Partners LP
Kritzstein & Titcher
Grant Deed
$280,000 · Freedom Cu
—
—
Stanley J
—
Deed Of Trust
related
$23,000 · Ambler Savings & Loan Assn
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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