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Property profile & analytics
OFF-MARKET
Estimated value
$5,605,000
Warehouses
220 5th Ave Trappe, PA 19426-2106
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-5773228
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
85,789 SF
Lot
11.12 ac (484,387 SF)
Zoning code
LI
APN
23-00-00325-00-3
UPID
US73-5773228
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
$6.77M
Blend (final)
Blend
$5.61M
Owner & transaction history
Boro Trappe · 22 yrs held
Boro Trappe
since 2003
7 recorded transactions
Zoning & alternative use
LI · Trappe, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ements. § 340-63 Special design requirements. § 340-64 Development requirements. § 340-65 Dimensional regulations. § 340-66 Application and review by Planning Commission. § 340-67 through § 340-69. (Reserved) Article IX LI Limited Industrial District § 340-70 Intent. § 340-71 Use regulations. § 340-72 Dimensional regulations. § 340-73 Exceptions for side and…
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
52.19 ac
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 Trappe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trappe 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
$7,865,000
Current use
Blend value · Realmo final
$5.61M
Range $5.04M – $6.17M · ±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
$65 / 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
$94,647
Tax year 2023
Assessed value
$2,252,000
Assessed 2024
Previous assessed
$2,252,000
+0.0% YoY
Effective rate
4.20%
On assessed value
Total market value
$2,252,000
Applied tax rate
23.0000
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
1973
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
85,789 SF
Lot
11.12 ac (484,387 SF)
Zoning code
LI
APN
23-00-00325-00-3
UPID
US73-5773228
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Trappe, PAZoning LI · permitted uses
LI · Trappe, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ements. § 340-63 Special design requirements. § 340-64 Development requirements. § 340-65 Dimensional regulations. § 340-66 Application and review by Planning Commission. § 340-67 through § 340-69. (Reserved) Article IX LI Limited Industrial District § 340-70 Intent. § 340-71 Use regulations. § 340-72 Dimensional regulations. § 340-73 Exceptions for side and rear yards. § 340-74 Application and review by Planning Commission; approval or d
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
52.19 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.9M
WAREHOUSE, STORAGE Current
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
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
11.12 ac
Current owner
From public records · entity-resolved
Boro Trappe
Individual
Mailing address
220 W 5TH AVE, TRAPPE, PA 19426-2106
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2018
—
Eye Designs Facility LP
—
Deed
related
$3,000,000 · Republic Bk/ny
Oct 22, 2003
—
Boro Trappe
Eye Designs LLC
Grant Deed
related
—
Nov 5, 1998
—
Designs Facility LP Eye
—
Deed Of Trust
related
$1,300,000 · Montgomery County Industrial
Jun 8, 1998
$1,000,000
Designs Facility LP Eye
Uti Corp
Grant Deed
$200,000 · Pnc Bank
Jun 8, 1998
—
Designs Facility LP Eye
—
Deed Of Trust
related
$1,300,000 · Pnc Bank
Jun 2, 1998
$1,000,000
Uti Corp
Montgomery County Ind Dev Auth
Grant Deed
—
—
—
Designs Facility LP Eye
—
Deed Of Trust
related
$200,000 · Montgomery County Dev Corp
—
—
Designs Facility Eye
—
Deed Of Trust
related
$1,761,219 · Republic First Bank
—
—
Eye Designs Facility LP
—
Deed Of Trust
related
$3,000,000 · Republic Bk/ny
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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