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Property profile & analytics
OFF-MARKET
Estimated value
$435,000
Warehouses
297 Dekalb Pike North Wales, PA 19454-1806
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-2096173
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
14,880 SF
Lot
1.69 ac (73,477 SF)
Zoning code
LI
APN
46-00-00712-00-7
UPID
US73-2096173
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
-
TEK I.D. Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$435k
Owner & transaction history
Montgomery Cnty Indl Dev Corp · 14 yrs held
Montgomery Cnty Indl Dev Corp
since 2012
3 recorded transactions
Zoning & alternative use
LI · North Wales, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
velopment District (TOD) § 208-41 Purpose and applicability. § 208-42 Permitted uses. § 208-43 Dimensional requirements for development. § 208-44 Development design standards. § 208-45 Design review criteria. Article XI LI Limited Industrial District § 208-46 Intent. § 208-47 Permitted uses. § 208-48 Environmental regulations. § 208-49 Power facilities. § 20…
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
10.84 ac
Top alternative use upside
Restaurant
$2.1M
+53.1%
Apartment house (5+ units)
$2.1M
+51.6%
Neighborhood: shopping center
$1.9M
+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 North Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Wales 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
WAREHOUSE, STORAGE
$1,365,000
Current use
RESTAURANT
$2,090,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,070,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,940,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$435k
Range $392k – $479k · ±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
$29 / 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
$18,908
Tax year 2023
Assessed value
$506,840
Assessed 2024
Previous assessed
$506,840
+0.0% YoY
Effective rate
3.73%
On assessed value
Assessed land
$114,770
Assessed improvement
$392,070
Land market value
$114,770
Improvement market value
$392,070
Total market value
$506,840
Applied tax rate
46.0000
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
1980
Heating
HOT WATER
Cooling
CENTRAL
Total area
14,880 SF
Lot
1.69 ac (73,477 SF)
Zoning code
LI
APN
46-00-00712-00-7
UPID
US73-2096173
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · North Wales, PAZoning LI · permitted uses
LI · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
velopment District (TOD) § 208-41 Purpose and applicability. § 208-42 Permitted uses. § 208-43 Dimensional requirements for development. § 208-44 Development design standards. § 208-45 Design review criteria. Article XI LI Limited Industrial District § 208-46 Intent. § 208-47 Permitted uses. § 208-48 Environmental regulations. § 208-49 Power facilities. § 208-50 Dimensional requirements. § 208-51 Additional requirements for conditional us
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
10.84 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
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
1980
Heating
HOT WATER
Cooling
Yes
Lot
1.69 ac
Current owner
From public records · entity-resolved
Montgomery Cnty Indl Dev Corp
Entity
Mailing address
297 DEKALB PIKE, NORTH WALES, PA 19454-1806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2012
—
Montgomery Cnty Indl Dev Corp
Nextlevel Capital Holdings LLC
Grant Deed
—
Jul 12, 2011
$850,000
Nextlevel Capital Holdings LLC
Apter,allen B
Grant Deed
—
—
—
Montgomery Cnty Indl Dev Corp
—
Deed Of Trust
related
$340,000 · Pennsylvania Ind'l Dev Auth
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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