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Property profile & analytics
OFF-MARKET
Estimated value
$4,300,000
Warehouses
2992 Franks Rd Huntingdon Valley, PA 19006-4215
Entity Owned
15-yr Hold
Free & Clear
Property ID
US73-2815471
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Total area
47,400 SF
Lot
3.04 ac (132,422 SF)
Zoning code
I
APN
41-00-03091-00-9
UPID
US73-2815471
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
-
Fabrics For Industry (Bike/Boat/Book/etc) Store
-
Hydra-matic, Inc. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.79M
Blend (final)
Blend
$4.30M
Owner & transaction history
5 Property Management LLC · 15 yrs held
5 Property Management LLC
since 2010
3 recorded transactions
Zoning & alternative use
I · Huntingdon Valley, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.7M
+39.9%
Apartment house (5+ units)
$6.6M
+38.6%
Neighborhood: shopping center
$6.2M
+30.0%
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 Huntingdon Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntingdon Valley 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
$4,755,000
Current use
RESTAURANT
$6,655,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,590,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,180,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$4.30M
Range $3.87M – $4.73M · ±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
$91 / 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
$53,013
Tax year 2023
Assessed value
$1,050,000
Assessed 2024
Previous assessed
$1,050,000
+0.0% YoY
Effective rate
5.05%
On assessed value
Assessed land
$108,560
Assessed improvement
$941,440
Land market value
$108,560
Improvement market value
$941,440
Total market value
$1,050,000
Applied tax rate
41.0000
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
1963
Heating
NONE
Cooling
NONE
Stories
2
Total area
47,400 SF
Lot
3.04 ac (132,422 SF)
Zoning code
I
APN
41-00-03091-00-9
UPID
US73-2815471
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Huntingdon Valley, PAZoning I · permitted uses
I · Huntingdon Valley, 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
WAREHOUSE, STORAGE Current
Est. value
$4.8M
RESTAURANT
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.2M
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
1963
Heating
NONE
Cooling
Yes
Stories
2
Lot
3.04 ac
Current owner
From public records · entity-resolved
5 Property Management LLC
Entity
Free & Clear · 15 yrs held
Mailing address
2992 FRANKS RD, HUNTINGDON VALLEY, PA 19006-4215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
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
Nov 17, 2010
—
5 Property Management LLC
Mckenna Joseph E Trust
Grant Deed
—
Jun 17, 1998
$390,000
Marguerite D Mckenna Trustee
Mckenna,joseph E & Marguerite D
Trustees Deed
related
—
Jun 17, 1998
$375,000
Marguerite D Mckenna Trustee
Mckenna,joseph E & Marguerite D
Trustees Deed
related
—
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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