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Property profile & analytics
OFF-MARKET
Estimated value
$4,420,000
Warehouses
311 June Ave Blandon, PA 19510-9550
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2887568
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
48,079 SF
Lot
2.86 ac (124,582 SF)
APN
5410-07-68-3011
UPID
US73-2887568
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
-
Happy Returns Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.41M
CAP Approach
CAP
$5.24M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$4.42M
Owner & transaction history
311 June LLC · 4 yrs held
311 June LLC
since 2022
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.1M
+52.2%
Office building
$4.7M
+38.6%
Restaurant
$4.3M
+27.2%
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 Blandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blandon 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
$4,420,000
ML approach
$4,405,000
CAP Approach
CAP Return
Estimation
6%
$5,675,000
6.5%
$5,240,000
7%
$4,865,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,380,000
Current use
AUTO REPAIR, GARAGE
$5,140,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$4,680,000
Change: +39% · Conversion: Difficult
RESTAURANT
$4,295,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$3,185,000
Change: -6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,130,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.42M
Range $3.98M – $4.86M · ±10% · vs last sale $4.00M (Jan 4 2022)
Last sale anchor
$4.00M
Jan 4 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
$92 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,731
Tax year 2024
Assessed value
$1,568,100
Assessed 2024
Previous assessed
$1,568,100
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$102,100
Assessed improvement
$1,466,000
Land market value
$102,100
Improvement market value
$1,466,000
Total market value
$1,568,100
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1999
Heating
NONE
Stories
1
Total area
48,079 SF
Lot
2.86 ac (124,582 SF)
APN
5410-07-68-3011
UPID
US73-2887568
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
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
$3.4M
AUTO REPAIR, GARAGE
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.7M
RESTAURANT
Est. value
$4.3M
RETAIL STORES
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.1M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Stories
1
Lot
2.86 ac
Current owner
From public records · entity-resolved
311 June LLC
Entity
Mailing address
417 MYRTLE AVE, BROOKLYN, NY 11205-2426
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
Jul 10, 2024
—
311 June LLC
—
Deed
related
$1,000,000 · American Bank A Pennsylvani
Jan 4, 2022
$4,000,000
311 June LLC
Mahalo One LLC
Special Warranty Deed
$3,200,000 · American Bank
Aug 27, 2019
—
Mahalo One LLC
—
Deed
related
$1,644,000 · M & T Bank
Aug 14, 2019
$1,995,000
Mahalo One LLC
Kbf Ents LP
Correction Deed
related
—
Aug 22, 2018
$1,995,000
Mahalo One LLC
Kbf Enterprises LP
Deed
$1,596,000 · M & T Bank
Mar 26, 2013
—
Kbf Ents LP
—
Deed Of Trust
related
$7,250,000 · Sovereign Bank
Aug 29, 2006
—
Kbf Ents
—
Trustees Deed
related
$1,120,000 · Sovereign Bank
—
—
Kbf Ents
—
Deed Of Trust
related
$830,500 · Sovereign Bank
—
—
Kbf Ents
—
Deed Of Trust
related
$830,500 · Sovereign 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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