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Property profile & analytics
FOR LEASE
Office buildings
231 Saint Asaphs Rd Bala Cynwyd, PA 19004
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1649944
For Lease
Contact for pricing
231 Saint Asaphs Rd,Unit Bala, Cynwyd, PA 19004
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
408,216 SF
Lot
16.62 ac (723,967 SF)
Zoning code
C0
APN
40-00-57132-00-5
UPID
US73-1649944
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Adjimi Bala Propco LLC · 2 yrs held
Adjimi Bala Propco LLC
since 2023
Last sale
$18.0M
5 recorded transactions
Zoning & alternative use
C0 · Bala Cynwyd, 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 Cynwyd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cynwyd 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,369,727
Tax year 2023
Assessed value
$32,797,760
Assessed 2024
Previous assessed
$32,797,760
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$32,797,760
Applied tax rate
40.0000
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
For Lease
Year built
1979
Heating
HOT WATER
Cooling
CENTRAL
Total area
408,216 SF
Lot
16.62 ac (723,967 SF)
Zoning code
C0
APN
40-00-57132-00-5
UPID
US73-1649944
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C0 · Bala Cynwyd, PA
Zoning C0 · permitted uses
C0 · Bala Cynwyd, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bala Cynwyd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
HOT WATER
Cooling
Yes
Lot
16.62 ac
Current owner
From public records · entity-resolved
Adjimi Bala Propco LLC
Entity
Mailing address
444 HWY 35B, EATONTOWN, NJ 07724-2200
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2023
$18,000,000
Adjimi Bala Propco LLC
Bala Plaza INC
Special Warranty Deed
$99,500,000 · Citi Real Estate Funding INC
Oct 9, 2023
—
Bala Plaza Property INC
—
Deed
related
—
Dec 22, 2003
—
Bala Plaza INC
Bala Plaza Prop In
Quit Claim Deed
related
—
—
—
Bala Plaza Property INC
—
Loan Modification
related
—
—
—
Bala Plaza Property INC
—
Deed Of Trust
related
$78,000,000 · Pnc Bk/nj
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?”
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