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Property profile & analytics
OFF-MARKET
Estimated value
$2,265,000
Industrial properties
400 Reed Rd Broomall, PA 19008-4001
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2093947
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1970
Total area
40,808 SF
Lot
2 ac (87,120 SF)
APN
25-00-03921-00
UPID
US73-2093947
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
-
Spiral Stair Warehouse General Contractor
-
M Cohen & Sons Metal Working Shop Metal Fabricator
-
The Iron Shop Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.92M
Blend (final)
Blend
$2.27M
Owner & transaction history
Hr Reed Road LP · 2 yrs held
Hr Reed Road LP
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.1M
+10.5%
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 Broomall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broomall 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
INDUSTRIAL (GENERAL)
$2,840,000
Current use
WAREHOUSE, STORAGE
$3,140,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$2.27M
Range $2.04M – $2.49M · ±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
$56 / 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
$38,102
Tax year 2024
Assessed value
$2,204,890
Assessed 2024
Previous assessed
$2,204,890
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$216,340
Assessed improvement
$1,988,550
Total market value
$2,204,890
Applied tax rate
2,506.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
40,808 SF
Lot
2 ac (87,120 SF)
APN
25-00-03921-00
UPID
US73-2093947
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
WAREHOUSE, STORAGE
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1970
Heating
NONE
Cooling
Yes
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
Hr Reed Road LP
Entity
Mailing address
400 REED RD, BROOMALL, PA 19008-4001
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Hr Reed Road LP
—
Deed
related
$10,000,000 · Wilmington Savings Fund Society Fsb
Feb 10, 2022
—
H R Reed Road LP
—
Deed
related
$10,000,000 · Beb Credit Group II LLC
Mar 11, 2020
—
H R Reed Road LP
—
Deed
related
$2,093,165 · Td Bank NA
Jun 24, 2019
—
H R Reed Road LP
—
Deed
related
$1,085,600 · Td Bank NA
Jul 10, 2014
—
H R Reed LP
—
Loan Modification
related
$6,250,000 · Td Bk NA
Feb 8, 2006
—
Hr Reed Road
—
Grant Deed
related
$2,800,000 · Pnc Bank
Jul 3, 2003
—
H R Reed Road LP
—
Deed Of Trust
related
$1,100,000 · Pnc Bank
—
—
H R Reed Road LP
—
Loan Modification
related
$4,750,000 · Td Bank NA
—
—
H R Reed Road LP
—
Loan Modification
related
$4,750,000 · Td Bank NA
—
—
Hr Reed Road
—
Deed Of Trust
related
—
—
—
H R Reed Road LP
—
Loan Modification
related
$7,000,000 · Td Bk NA
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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