Back to Search
Property profile & analytics
FOR SALE
Outlet malls
2727 W Cheltenham Ave Wyncote, PA 19095
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-3019179
For Sale
1 / 2
$6,215,000
2727 W Cheltenham Ave, Wyncote, PA 19095
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2003
Total area
14,356 SF
Lot
1.36 ac (59,242 SF)
Zoning code
C4
APN
31-00-05716-00-4
UPID
US73-3019179
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
-
Walgreens Pharmacy
-
Walgreens Pharmacy Pharmacy
-
Labcorp at Walgreens Drug Testing Service Paternity Testing Service
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.75M
Blend (final)
Blend
$6.22M
Owner & transaction history
Exchangeright Net Leased Portfolio · 3 yrs held
Exchangeright Net Leased Portfolio
since 2022
Last sale
$6.3M
5 recorded transactions
Zoning & alternative use
C4 · Wyncote, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.2M
+9.8%
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
Method
Estimation
Statistic approach
$6,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,865,000
Current use
AUTO REPAIR, GARAGE
$4,245,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$6.22M
Range $5.59M – $6.84M · ±10% · vs last sale $6.30M (Aug 24 2022)
Last sale anchor
$6.30M
Aug 24 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
$433 / 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
$195,771
Tax year 2023
Assessed value
$2,931,250
Assessed 2024
Previous assessed
$2,931,250
+0.0% YoY
Effective rate
6.68%
On assessed value
Total market value
$2,931,250
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
2003
Heating
FORCED AIR
Cooling
CENTRAL
Total area
14,356 SF
Lot
1.36 ac (59,242 SF)
Zoning code
C4
APN
31-00-05716-00-4
UPID
US73-3019179
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C4 · Wyncote, PAZoning C4 · permitted uses
C4 · Wyncote, 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
RETAIL STORES Current
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$4.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2003
Heating
FORCED AIR
Cooling
Yes
Lot
1.36 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Portfolio
Individual
Mailing address
PO BOX 60308, PASADENA, CA 91116-6308
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
$6,300,000
Exchangeright Net Leased Portfolio
Cheltenham Ogontz Realty Partners L
Special Warranty Deed
$31,135,000 · Citi Real Estate Funding INC
Aug 24, 2022
—
Goodman Acquisition Xiv LLC
Cheltenham Ogontz Realty Partners L
Assignment Of Lease (leasehold Sale)
—
Apr 30, 2004
—
Re Alty Part Cheltenham-ogontz
Citizens Bk Pa
Grant Deed
related
—
Dec 9, 2003
—
Bruce A Goodman
Goodman,bruce A
Quit Claim Deed
related
—
Dec 9, 2003
$10
Bruce A Goodman
Goodman,bruce A
Grant Deed
related
$3,500,000 · State Farm Life Insurance Co
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?”
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.
