New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,125,000
Strip malls
319 County Line Rd Hatboro, PA 19040-1602
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2501449
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1975
Total area
15,840 SF
Lot
1.96 ac (85,552 SF)
Zoning code
LC3
APN
36-00-02719-00-8
UPID
US73-2501449
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
-
Legion Transformation Center Hatboro Gym & Fitness Center
-
Radiant Life Chiropractic Alternative Medicine Practice
-
Deer View Family Medicine Medical Clinic
-
LAUREN KLOTZBACH, DPT Physician
-
Pabbys Pet Pantry (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$3.13M
Owner & transaction history
Altimari Center Horsham I LLC · 3 yrs held
Altimari Center Horsham I LLC
since 2023
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
LC3 · Hatboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.7M
+126.8%
Retail stores
$4.3M
+106.6%
Office building
$2.6M
+25.5%
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 Hatboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatboro 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
$3,240,000
ML approach
$3,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,065,000
Current use
AUTO REPAIR, GARAGE
$4,680,000
Change: +127% · Conversion: Difficult
RETAIL STORES
$4,265,000
Change: +107% · Conversion: Easy
OFFICE BUILDING
$2,590,000
Change: +26% · Conversion: Moderate
MEDICAL BUILDING
$2,495,000
Change: +21% · Conversion: Difficult
RESTAURANT
$2,225,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,200,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$3.13M
Range $2.81M – $3.44M · ±10% · vs last sale $2.99M (Jan 18 2023)
Last sale anchor
$2.99M
Jan 18 2023
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
$197 / 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
$36,528
Tax year 2023
Assessed value
$929,300
Assessed 2024
Previous assessed
$929,300
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$271,840
Assessed improvement
$657,460
Land market value
$271,840
Improvement market value
$657,460
Total market value
$929,300
Applied tax rate
36.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
CENTRAL
Total area
15,840 SF
Lot
1.96 ac (85,552 SF)
Zoning code
LC3
APN
36-00-02719-00-8
UPID
US73-2501449
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LC3 · Hatboro, PA
Zoning LC3 · permitted uses
LC3 · Hatboro, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hatboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$4.7M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
RESTAURANT
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1975
Heating
FORCED AIR
Cooling
Yes
Lot
1.96 ac
Current owner
From public records · entity-resolved
Altimari Center Horsham I LLC
Entity
Mailing address
56 BOBBIE DR, IVYLAND, PA 18974-1600
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$2,985,000
Altimari Center Horsham I LLC
Edward Moser
Deed
—
Apr 1, 2011
—
Edward F Moser
—
Deed Of Trust
related
$1,425,000 · Bryn Mawr Trust Co
—
—
Edward F Moser
—
Deed Of Trust
related
$259,638 · National Penn Bank
—
—
Edward F Moser
—
Deed Of Trust
related
$505,000 · National Penn Bank
—
—
Edward F Moser
—
Deed Of Trust
related
$830,000 · National Penn 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 319 County Line Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
