New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,350,000
Assisted living facilities
2751 Dekalb Pike East Norriton, PA 19401-1820
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2222423
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1993
Total area
53,208 SF
Lot
4.15 ac (180,774 SF)
Zoning code
IN
APN
33-00-02071-70-4
UPID
US73-2222423
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
-
Suburban Woods Health & Rehabilitation Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.97M
Blend (final)
Blend
$6.35M
Owner & transaction history
Wood Re Group LLC · 4 yrs held
Wood Re Group LLC
since 2022
7 recorded transactions
Zoning & alternative use
IN · East Norriton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.3M
+33.1%
Medical building
$8.4M
+20.4%
Apartment house (5+ units)
$7.7M
+10.2%
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 East Norriton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Norriton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$6,965,000
Current use
OFFICE BUILDING
$9,265,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$8,385,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,675,000
Change: +10% · Conversion: Difficult
RESTAURANT
$7,470,000
Change: +7% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,935,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.35M
Range $5.72M – $6.99M · ±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
$119 / 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
$182,842
Tax year 2023
Assessed value
$3,881,250
Assessed 2024
Previous assessed
$3,881,250
+0.0% YoY
Effective rate
4.71%
On assessed value
Total market value
$3,881,250
Applied tax rate
33.0000
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
1993
Heating
HEAT PUMP
Cooling
CENTRAL
Units
120
Total area
53,208 SF
Lot
4.15 ac (180,774 SF)
Zoning code
IN
APN
33-00-02071-70-4
UPID
US73-2222423
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IN · East Norriton, PA
Zoning IN · permitted uses
IN · East Norriton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Norriton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$7.0M
OFFICE BUILDING
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$8.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.7M
RESTAURANT
Est. value
$7.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.9M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) 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
1993
Heating
HEAT PUMP
Cooling
Yes
Units
120
Lot
4.15 ac
Current owner
From public records · entity-resolved
Wood Re Group LLC
Entity
Mailing address
23700 COMMERCE PARK, BEACHWOOD, OH 44122-5827
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2022
—
Wood Re Group LLC
Suburban Woods Re LP
Assignment Of Lease (leasehold Sale)
$73,000,000 · Cibc Bank USA
Jul 31, 2020
—
Suburban Woods Re LP
—
Deed
related
$250,000 · Cibc Bk USA
Feb 21, 2018
—
Suburban Woods Re LP
—
Grant Deed
related
$120,000,000 · Midcap Fin'l
Feb 2, 2016
$11,000,000
Prime Healthcare Services-subu
Mercy Suburban Hospital
Grant Deed
—
Sep 29, 2014
—
Suburban Woods Re LP
—
Grant Deed
related
$30,000,000 · Privatebank & Tr
Aug 24, 2009
—
Mercy Suburban Hospital
Mercy Suburban Hospital
Quit Claim Deed
related
—
Dec 2, 1998
—
Woods Nursing Home Suburban
—
Deed Of Trust
related
$8,220,000 · Red Mountain Funding LLC
—
—
East Norriton Medical Assoc
—
Deed Of Trust
related
$3,600,000 · Dime Cre INC
—
—
Suburban Woods Re LP
—
Deed Of Trust
related
$250,000 · Cibc Bk USA
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 2751 Dekalb 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.
