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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Warehouses
2842 Mt Carmel Ave Glenside, PA 19038-2211
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5832765
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
13,343 SF
Lot
0.8 ac (34,830 SF)
Zoning code
F2
APN
30-00-45384-00-9
UPID
US73-5832765
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
-
Redirected Wood Company Production Facility Furniture & Home Goods
-
Lumigent (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Yeshiva Temimei Darech Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.54M
Blend (final)
Blend
$1.24M
Owner & transaction history
James Curran · 4 yrs held
James Curran
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
F2 · Glenside, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+53.1%
Apartment house (5+ units)
$1.9M
+51.6%
Neighborhood: shopping center
$1.7M
+42.2%
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 Glenside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenside 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
$1,295,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,225,000
Current use
RESTAURANT
$1,875,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,855,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,740,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.25M (Jun 13 2022)
Last sale anchor
$1.25M
Jun 13 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
$93 / 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
$24,660
Tax year 2023
Assessed value
$532,500
Assessed 2024
Previous assessed
$720,750
-26.1% YoY
Effective rate
4.63%
On assessed value
Total market value
$532,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
9
Bathrooms
4
Total area
13,343 SF
Lot
0.8 ac (34,830 SF)
Zoning code
F2
APN
30-00-45384-00-9
UPID
US73-5832765
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
F2 · Glenside, PA
Zoning F2 · permitted uses
F2 · Glenside, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glenside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
WAREHOUSE, STORAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
4
Lot
0.8 ac
Current owner
From public records · entity-resolved
James Curran
Individual
Mailing address
705 ALTON CT, AMBLER, PA 19002-1824
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2022
$1,250,000
James Curran
Llvg Limited Partnership
Deed
$1,000,000 · Firstrust Bank
Nov 9, 2009
—
American Tower Asset Sub II Ll
—
Deed Of Trust
related
$1,750,000,000 · American Tower Depositor Sub L
Mar 6, 2007
$825,000
Llvg
Lane Co INC
Grant Deed
—
—
—
Lane Co INC
—
Deed Of Trust
related
$250,000 · Willow Grove Bank
—
—
Lane Co INC
—
Deed Of Trust
related
$585,000 · Willow Grove Bank
—
—
Lane Company INC
—
Deed Of Trust
related
$350,000 · First Union National Bank
—
—
Lane Co INC
—
Deed Of Trust
related
$10,000 · Joseph Muscara INC
—
—
Lane Co INC
—
Deed Of Trust
related
$10,000 · Muscara Joseph INC
—
—
Lane Company INC
—
Deed Of Trust
related
$350,000 · First Union National Bank
—
—
Lane Co INC
—
Deed Of Trust
related
$700,000 · Greenpoint Mortgage Funding
—
—
Lane Company INC
—
Deed Of Trust
related
$100,000 · Pnc Bank
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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