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Property profile & analytics
FOR SALE
Outlet malls
2471 W Cheltenham Ave Wyncote, PA 19095
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-4398982
For Sale
1 / 12
$22,695,000
2471 W Cheltenham Ave, Wyncote, PA 19095
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1959
Total area
217,236 SF
Lot
7.17 ac (312,325 SF)
Zoning code
C2
APN
31-00-05701-04-5
UPID
US73-4398982
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
Current use
Occupant on record · Public records
-
PNC Mortgage Loan Service Bank
-
Hair Buzz (Bike/Boat/Book/etc) Store Cosmetic Store
-
WUYM Charitable Organization Social Service Agency
-
Amazon Hub Locker - Doaa Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.70M
Owner & transaction history
Cheltenham Re LLC · 4 yrs held
Cheltenham Re LLC
since 2022
3 recorded transactions
Zoning & alternative use
C2 · Wyncote, 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 Wyncote submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wyncote 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
$104 / 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
$532,497
Tax year 2023
Assessed value
$7,973,000
Assessed 2024
Previous assessed
$7,973,000
+0.0% YoY
Effective rate
6.68%
On assessed value
Total market value
$7,973,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1959
Heating
FORCED AIR
Cooling
CENTRAL
Total area
217,236 SF
Lot
7.17 ac (312,325 SF)
Zoning code
C2
APN
31-00-05701-04-5
UPID
US73-4398982
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Wyncote, PA
Zoning C2 · permitted uses
C2 · Wyncote, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wyncote. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
FORCED AIR
Cooling
Yes
Lot
7.17 ac
Current owner
From public records · entity-resolved
Cheltenham Re LLC
Entity
Free & Clear · 4 yrs held
Mailing address
700 DELSEA DR, WESTVILLE, NJ 08093-1229
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Cheltenham Re LLC
Cheltenham Re LLC
Re-recorded Document
related
—
Aug 3, 2021
—
Cheltenham Re LP
—
Deed
related
$19,400,000 · Valley National Bank
Feb 1, 2016
$17,812,185
Cheltenham Re LP
Zs Cheltenham Investor LLC
Trustees Deed
related
$20,200,000 · Oritani Fin
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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