Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,830,000
Assisted living facilities
265 Township Line Rd Elkins Park, PA 19027-2221
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-0195635
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1968
Total area
48,170 SF
Lot
4.37 ac (190,357 SF)
Zoning code
AO
APN
30-00-67204-00-5
UPID
US73-0195635
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
-
Dr. Edmund L. Lafer, MD Physician
-
Elkins Crest Health & Rehabilitation Center Rehabilitation Center Nursing Home
-
Extendicare Health Care Home Health Care Service
-
Eric Mack Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.54M
Blend (final)
Blend
$10.83M
Owner & transaction history
Shg Rewd LLC · 4 yrs held
Shg Rewd LLC
since 2022
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
AO · Elkins Park, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.2M
+125.9%
Retail stores
$13.0M
+105.8%
Office building
$7.9M
+25.0%
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 Elkins Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkins Park 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
$12,190,000
ML approach
$9,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$14,240,000
Change: +126% · Conversion: Difficult
RETAIL STORES
$12,970,000
Change: +106% · Conversion: Difficult
OFFICE BUILDING
$7,880,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$7,595,000
Change: +20% · Conversion: Difficult
RESTAURANT
$6,760,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,695,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$10.83M
Range $9.75M – $11.91M · ±10% · vs last sale $11.78M (May 19 2022)
Last sale anchor
$11.78M
May 19 2022
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
$225 / 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
$192,600
Tax year 2023
Assessed value
$4,158,920
Assessed 2024
Previous assessed
$4,158,920
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$1,045,000
Assessed improvement
$3,113,920
Land market value
$1,045,000
Improvement market value
$3,113,920
Total market value
$4,158,920
Applied tax rate
30.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1968
Heating
HOT WATER
Cooling
WINDOW A/C
Units
150
Total area
48,170 SF
Lot
4.37 ac (190,357 SF)
Zoning code
AO
APN
30-00-67204-00-5
UPID
US73-0195635
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
AO · Elkins Park, PAZoning AO · permitted uses
AO · Elkins Park, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$14.2M
RETAIL STORES
Est. value
$13.0M
OFFICE BUILDING
Est. value
$7.9M
MEDICAL BUILDING
Est. value
$7.6M
RESTAURANT
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.7M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1968
Heating
HOT WATER
Cooling
Yes
Units
150
Lot
4.37 ac
Current owner
From public records · entity-resolved
Shg Rewd LLC
Entity
Free & Clear · 4 yrs held
Mailing address
23700 COMMERCE PARK, CLEVELAND, OH 44122-5827
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Shg Rewd LLC
Broad Mountain Re 2 LP
Lease
—
May 19, 2022
$11,775,000
Elkins Crest Re Group LLC
Elkins Crest Re 1 LP
Deed
$73,000,000 · Cibc Bank USA
Dec 1, 2016
—
Elkins Crest Re 1 LP
—
Deed
related
$5,641,145 · Walker & Dunlop
Aug 23, 2007
—
Lasalle Bank NA
Lehman Brothers Bank Fsb
Grant Deed
related
—
Nov 8, 2006
$7,777,180
Elkins Crest Re 1 LP
Roch Carter
Deed
—
Oct 8, 1999
—
Health Facilities Northern
—
Deed Of Trust
related
—
—
—
Elkins Crest Re 1 LP
—
Loan Modification
related
$5,641,145 · Walker & Dunlop
—
—
Elkins Crest Re 1 LP
—
Deed Of Trust
related
$6,253 · Walker & Dunlop
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 265 Township Line Rd?
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.
