New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Investment properties
2637 Rdg Pike Trooper, PA 19403-1609
Entity Owned
19-yr Hold
Free & Clear
Property ID
US73-5991768
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1954
Total area
22,380 SF
Lot
1.98 ac (86,075 SF)
Zoning code
HC
APN
43-00-11884-00-7
UPID
US73-5991768
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
-
Dollar General Discount Store
-
Advance Auto Parts Auto Parts Store
-
Western Union Bank Credit Union
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.57M
Comparable Approach
Comparable
$3.20M
Blend (final)
Blend
$3.03M
Owner & transaction history
Trooper Advance LP · 19 yrs held
Trooper Advance LP
since 2007
5 recorded transactions
Zoning & alternative use
HC · Trooper, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.9M
+45.0%
Medical building
$3.5M
+31.2%
Apartment house (5+ units)
$3.2M
+20.1%
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 Trooper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trooper 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%
$3,860,000
6.5%
$3,565,000
7%
$3,310,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,690,000
Current use
OFFICE BUILDING
$3,895,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$3,530,000
Change: +31% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,230,000
Change: +20% · Conversion: Moderate
RESTAURANT
$3,140,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,915,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±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
$135 / 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
$50,577
Tax year 2023
Assessed value
$1,240,030
Assessed 2024
Previous assessed
$1,240,030
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$501,190
Assessed improvement
$738,840
Land market value
$501,190
Improvement market value
$738,840
Total market value
$1,240,030
Applied tax rate
43.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1954
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
1
Bathrooms
2
Total area
22,380 SF
Lot
1.98 ac (86,075 SF)
Zoning code
HC
APN
43-00-11884-00-7
UPID
US73-5991768
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HC · Trooper, PA
Zoning HC · permitted uses
HC · Trooper, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trooper. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
RESTAURANT
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1954
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
2
Lot
1.98 ac
Current owner
From public records · entity-resolved
Trooper Advance LP
Entity
Free & Clear · 19 yrs held
Mailing address
630 KNOX RD, WAYNE, PA 19087-2016
Ownership since
2007
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
May 28, 2019
—
Trooper Advance LP
—
Deed
related
$1,820,000 · Investors Bk
Sep 4, 2012
—
Trooper Advance LP
—
Deed Of Trust
related
$2,400,000 · First Niagara Bank
Mar 7, 2007
$2,475,000
Trooper Advance LP
Milshap LLC
Deed
—
Jul 29, 1997
$1,585,784
Milshap LLC
Eagleville II Associates LP
Grant Deed
$1,100,000 · Main Line Bank
—
—
Trooper Advance LP
—
Deed Of Trust
related
$1,820,000 · Investors Bk
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?”
You own 2637 Rdg Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
