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Property profile & analytics
OFF-MARKET
Estimated value
$10,995,000
Office buildings
40 Monument Rd Bala Cynwyd, PA 19004-1729
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-5647400
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
93,768 SF
Lot
3.68 ac (160,301 SF)
Zoning code
CO
APN
40-00-40820-00-9
UPID
US73-5647400
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
-
Millennium Surgical Corporation Surgical Supply Store Medical Supply Store
-
Novak Francella Accounting Firm Tax Preparation
-
Zeplowitz Group Financial Advisor
-
Living Beyond Breast Cancer Charitable Organization Social Service Agency
-
PaperWorks Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.92M
Blend (final)
Blend
$11.00M
Owner & transaction history
1 Cherry Hill Corp · 18 yrs held
1 Cherry Hill Corp
since 2008
4 recorded transactions
Zoning & alternative use
CO · Bala Cynwyd, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bala Cynwyd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bala Cynwyd 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
OFFICE BUILDING
$14,985,000
Current use
MEDICAL BUILDING
$14,780,000
Change: -1% · Conversion: Easy
RESTAURANT
$13,160,000
Change: -12% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$13,035,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$12,220,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$11.00M
Range $9.90M – $12.09M · ±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
$117 / 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
$273,233
Tax year 2023
Assessed value
$6,542,500
Assessed 2024
Previous assessed
$6,542,500
+0.0% YoY
Effective rate
4.18%
On assessed value
Total market value
$6,542,500
Applied tax rate
40.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
FORCED AIR
Cooling
NONE
Total area
93,768 SF
Lot
3.68 ac (160,301 SF)
Zoning code
CO
APN
40-00-40820-00-9
UPID
US73-5647400
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CO · Bala Cynwyd, PA
Zoning CO · permitted uses
CO · Bala Cynwyd, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bala Cynwyd. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$15.0M
MEDICAL BUILDING
Est. value
$14.8M
RESTAURANT
Est. value
$13.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.2M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1989
Heating
FORCED AIR
Cooling
Yes
Lot
3.68 ac
Current owner
From public records · entity-resolved
1 Cherry Hill Corp
Entity
Mailing address
1651 CONEY IS AVE STE, BROOKLYN, NY 11230-5849
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2018
—
One Cherry Hill Corp
—
Grant Deed
related
$12,280,000 · New York Cmnty Bk
Mar 12, 2008
$19,271,552
1 Cherry Hill Corp
Bala Cynwyd Associates
Grant Deed
$14,400,000 · New York Community Bank
Jan 11, 2008
—
Bala Cynwyd Associates
Bala Cynwyd Associates
Quit Claim Deed
—
—
—
One Cherry Hill Corp
—
Deed Of Trust
related
$13,620,542 · New York Community 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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