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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Retail properties & Spaces
279 Kulp Rd Harleysville, PA 19438-1847
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0213853
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1974
Total area
9,600 SF
Lot
1.18 ac (51,591 SF)
Zoning code
VC
APN
50-00-01423-00-3
UPID
US73-0213853
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
-
JC Auto Sales Car Dealership
-
Michalak's Auto Repair of Harleysville Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
Kulp Road Realty LLC · 4 yrs held
Kulp Road Realty LLC
since 2022
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
VC · Harleysville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+143.0%
Retail stores
$2.6M
+121.4%
Office building
$1.6M
+34.5%
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 Harleysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harleysville 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
$2,205,000
ML approach
$2,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,835,000
Change: +143% · Conversion: Difficult
RETAIL STORES
$2,585,000
Change: +121% · Conversion: Difficult
OFFICE BUILDING
$1,570,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$1,515,000
Change: +30% · Conversion: Difficult
RESTAURANT
$1,345,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,335,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$2.20M
Range $1.98M – $2.41M · ±10% · vs last sale $2.13M (Apr 15 2022)
Last sale anchor
$2.13M
Apr 15 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
$229 / 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
$14,738
Tax year 2023
Assessed value
$360,640
Assessed 2024
Previous assessed
$360,640
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$60,150
Assessed improvement
$300,490
Land market value
$60,150
Improvement market value
$300,490
Total market value
$360,640
Applied tax rate
50.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
9,600 SF
Lot
1.18 ac (51,591 SF)
Zoning code
VC
APN
50-00-01423-00-3
UPID
US73-0213853
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC · Harleysville, PAZoning VC · permitted uses
VC · Harleysville, 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
$2.8M
RETAIL STORES
Est. value
$2.6M
OFFICE BUILDING
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Kulp Road Realty LLC
Entity
Mailing address
279 KULP RD, HARLEYSVILLE, PA 19438-1847
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
—
Kulp Road Realty LLC
—
Deed
related
$788,000 · South Eastern Economic Development Compa
May 19, 2022
—
Kulp Road Realty LLC
—
Deed
related
$1,855,000 · Just Cruisin INC
Apr 15, 2022
$2,130,000
Kulp Road Realty LLC
Richard L Krause
Deed
$1,092,000 · Peoples Security Bank & Trust Compa
Oct 2, 2020
—
Richard L Krause
—
Deed
related
$208,300 · Keybank USA
Feb 13, 2004
—
Harleysville Nat Bk & T Co
Krause,gayle
Grant Deed
related
—
Jul 22, 1997
$325,000
Richard L Krause
Harley Rental
Grant Deed
$840,000 · Harleysville Nat'l Bank & Trus
—
—
Richard L Krause
—
Deed Of Trust
related
$100,000 · First Niagara Bank
—
—
Richard L Krause
—
Deed Of Trust
related
$225,000 · Harleysville Nat'l Bank & Trus
—
—
Richard L Krause
—
Deed Of Trust
related
$371,584 · Harleysville Nat'l Bank & Trus
—
—
Gayle Krause
—
Deed Of Trust
related
$300,000 · Harleysville Nat'l Bank & Trus
—
—
Richard L Krause
—
Deed Of Trust
related
$208,300 · Keybank USA
—
—
Richard L Krause
—
Deed Of Trust
related
$125,000 · Harleysville Nat'l Bank & Trus
—
—
Richard L Krause
—
Deed Of Trust
related
$50,000 · Harleysville Nat'l Bank & Trus
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.
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