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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Office Spaces
311 Sumneytown Pike Ste 1a North Wales, PA 19454-2532
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-0634473
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1900
Total area
3,660 SF
Lot
0.08 ac (3,660 SF)
Zoning code
GA
APN
56-00-08256-15-7
UPID
US73-0634473
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
-
Hershman Present & Klein: Mc Leer Karen Dental Office
-
Drs. Bejel & Present - North Wales Family Dentistry Dental Office
-
IBS Centers for Advanced Food Allergy Testing Medical Clinic
-
Dr. Brittany Bejel Dental Office
-
Dr. Michael Stierstorfer Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$945k
Comparable Approach
Comparable
$762k
Blend (final)
Blend
$835k
Owner & transaction history
Patriarch Vi LP · 15 yrs held
Patriarch Vi LP
since 2010
7 recorded transactions
Zoning & alternative use
GA · North Wales, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+80.6%
Retail stores
$985,000
+64.6%
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%
$1,025,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$600,000
Current use
AUTO REPAIR, GARAGE
$1,080,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$985,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$575,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$228 / 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
$15,845
Tax year 2023
Assessed value
$431,900
Assessed 2024
Previous assessed
$431,900
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$173,850
Assessed improvement
$258,050
Land market value
$173,850
Improvement market value
$258,050
Total market value
$431,900
Applied tax rate
56.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1900
Heating
HOT WATER
Cooling
CENTRAL
Total area
3,660 SF
Lot
0.08 ac (3,660 SF)
Zoning code
GA
APN
56-00-08256-15-7
UPID
US73-0634473
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GA · North Wales, PA
Zoning GA · permitted uses
GA · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Wales. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$985,000
MEDICAL BUILDING
Est. value
$575,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1900
Heating
HOT WATER
Cooling
Yes
Lot
0.08 ac
Current owner
From public records · entity-resolved
Patriarch Vi LP
Entity
Mailing address
311 N SUMNEYTOWN PIKE STE 1A, NORTH WALES, PA 19454-2532
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2010
—
Patriarch Vi LP
—
Deed Of Trust
related
$1,500,000 · Patriarch Holdings LLC
Nov 3, 2010
$650,000
Patriarch Vi LP
Patriarch Management LP
Grant Deed
$550,000 · Patricia H Imbesi
Dec 12, 2003
$440,000
Patriarch Mgmnt
Fischetti,anthony M
Grant Deed
—
Dec 5, 1997
$430,000
Anthony M Fischetti
Burns,dennis J & Meridith R
Grant Deed
$344,000 · First Service Bank
—
—
Anthony M Fischetti
—
Deed Of Trust
related
$100,000 · First Service Bank
—
—
Anthony M Fischetti
—
Deed Of Trust
related
$100,000 · First Service Bank
—
—
Anthony M Fischetti
—
Deed Of Trust
related
$50,000 · First Service Bank
—
—
Anthony M Fischetti
—
Deed Of Trust
related
$40,000 · First Service Bank
—
—
Anthony M Fischetti
—
Deed Of Trust
related
$70,000 · First Service Bank
—
—
Anthony M Fischetto
—
Deed Of Trust
related
$100,000 · First Service Bank
—
—
Patriarch Mgmnt
—
Deed Of Trust
related
$440,000 · Patriarch Holdings L
—
—
Progress Bk
—
Deed Of Trust
related
—
—
—
Progress Bk
—
Deed Of Trust
related
—
—
—
Progress Bk
—
Deed Of Trust
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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