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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Retail properties & Spaces
246 Easton Rd Glenside, PA 19038
Entity Owned
~
Est. High Equity
Property ID
US73-2473354
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1976
Total area
6,000 SF
Lot
0.4 ac (17,575 SF)
Zoning code
C4
APN
31-00-08833-00-1
UPID
US73-2473354
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
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$715k
Blend (final)
Blend
$570k
Owner & transaction history
246 S Easton Rd LLC
246 S Easton Rd LLC
since 2025
4 recorded transactions
Zoning & alternative use
C4 · Glenside, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$945,000
+29.6%
Restaurant
$840,000
+15.4%
Apartment house (5+ units)
$835,000
+14.3%
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 Glenside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenside 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$730,000
Current use
MEDICAL BUILDING
$945,000
Change: +30% · Conversion: Difficult
RESTAURANT
$840,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$835,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$95 / 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
$23,215
Tax year 2023
Assessed value
$347,600
Assessed 2024
Previous assessed
$347,600
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$125,740
Assessed improvement
$221,860
Land market value
$125,740
Improvement market value
$221,860
Total market value
$347,600
Applied tax rate
31.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1976
Heating
OTHER
Cooling
NONE
Total area
6,000 SF
Lot
0.4 ac (17,575 SF)
Zoning code
C4
APN
31-00-08833-00-1
UPID
US73-2473354
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C4 · Glenside, PA
Zoning C4 · permitted uses
C4 · Glenside, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glenside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$945,000
RESTAURANT
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1976
Heating
OTHER
Cooling
Yes
Lot
0.4 ac
Current owner
From public records · entity-resolved
246 S Easton Rd LLC
Entity
Mailing address
246 S EASTON RD, GLENSIDE, PA 19038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$766,168
246 S Easton Rd LLC
Gm Burke LLC
Deed
$668,165 · Gm Burke LLC
May 27, 2004
$363,000
Gm Burke LLC
Pressley,david
Grant Deed
$480,000 · First Penn Bank
Jul 31, 2002
—
George Burke
Telford Industrial Development
Grant Deed
related
—
—
—
242 Enterprises INC
—
Deed Of Trust
related
$30,000 · Fred Santilli
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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