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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Apartment buildings
230 Grn St Souderton, PA 18964-1752
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-5811395
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Total area
5,376 SF
Lot
0.39 ac (17,173 SF)
Zoning code
R2
APN
21-00-03760-00-8
UPID
US73-5811395
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
$987k
Blend (final)
Blend
$720k
Owner & transaction history
Gerald K Peddigree · 20 yrs held
Gerald K Peddigree
since 2006
2 recorded transactions
Zoning & alternative use
R2 · Souderton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$880,000
+17.7%
Medical building
$845,000
+13.4%
Restaurant
$755,000
+1.0%
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 Souderton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Souderton 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
APARTMENT HOUSE (5+ UNITS)
$745,000
Current use
OFFICE BUILDING
$880,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$845,000
Change: +13% · Conversion: Moderate
RESTAURANT
$755,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$600,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$134 / 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
$11,496
Tax year 2023
Assessed value
$254,570
Assessed 2024
Previous assessed
$254,570
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$86,550
Assessed improvement
$168,020
Land market value
$86,550
Improvement market value
$168,020
Total market value
$254,570
Applied tax rate
21.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1975
Heating
ELECTRIC
Cooling
WINDOW A/C
Units
6
Total area
5,376 SF
Lot
0.39 ac (17,173 SF)
Zoning code
R2
APN
21-00-03760-00-8
UPID
US73-5811395
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Souderton, PA
Zoning R2 · permitted uses
R2 · Souderton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Souderton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$745,000
OFFICE BUILDING
Est. value
$880,000
MEDICAL BUILDING
Est. value
$845,000
RESTAURANT
Est. value
$755,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
INDUSTRIAL (GENERAL)
Est. value
$600,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1975
Heating
ELECTRIC
Cooling
Yes
Units
6
Lot
0.39 ac
Current owner
From public records · entity-resolved
Gerald K Peddigree
Individual
Mailing address
510 RDG VLY RD, SELLERSVILLE, PA 18960-1136
Ownership since
2006
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
Jan 19, 2006
$550,000
Gerald K Peddigree
Wellington,robert & Deborah
Grant Deed
$60,000 · Robert R & Deborah J Wellington
Jan 17, 2001
—
Richard M Godshall
Wellington,robert R & Deborah J
Grant Deed
related
—
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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