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Property profile & analytics
OFF-MARKET
Estimated value
$88,085,000
Office buildings
401 City Ave Bala Cynwyd, PA 19004-1122
Entity Owned
24-yr Hold
Free & Clear
Property ID
US73-0335918
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
418,017 SF
Lot
19.1 ac (831,996 SF)
Zoning code
CO
APN
40-00-10960-00-7
UPID
US73-0335918
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
-
Seth P Maltzman Law Office Law Firm
-
Susquehanna International Group LLP Corporate Office
-
Unicorn HRO Employment Agency Business Service Center
-
Context Asset Management Financial Advisor
-
401 City Avenue Heliport Heliport
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$79.51M
Blend (final)
Blend
$88.09M
Owner & transaction history
401 City Avenue Associates LP · 24 yrs held
401 City Avenue Associates LP
since 2001
2 recorded transactions
Zoning & alternative use
CO · Bala Cynwyd, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$123.6M
+85.0%
Retail stores
$112.6M
+68.5%
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 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
$66,805,000
Current use
AUTO REPAIR, GARAGE
$123,555,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$112,560,000
Change: +68% · Conversion: Moderate
MEDICAL BUILDING
$65,890,000
Change: -1% · Conversion: Easy
RESTAURANT
$58,675,000
Change: -12% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$58,100,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$54,485,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$88.09M
Range $79.28M – $96.89M · ±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
$211 / 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
$2,189,179
Tax year 2023
Assessed value
$52,419,350
Assessed 2024
Previous assessed
$52,419,350
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$12,455,270
Assessed improvement
$39,964,080
Land market value
$12,455,270
Improvement market value
$39,964,080
Total market value
$52,419,350
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
HEAT PUMP
Cooling
CENTRAL
Total area
418,017 SF
Lot
19.1 ac (831,996 SF)
Zoning code
CO
APN
40-00-10960-00-7
UPID
US73-0335918
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
$66.8M
AUTO REPAIR, GARAGE
Est. value
$123.6M
RETAIL STORES
Est. value
$112.6M
MEDICAL BUILDING
Est. value
$65.9M
RESTAURANT
Est. value
$58.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$58.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$54.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
HEAT PUMP
Cooling
Yes
Lot
19.1 ac
Current owner
From public records · entity-resolved
401 City Avenue Associates LP
Entity
Free & Clear · 24 yrs held
Mailing address
401 E CITY AVE STE #222, BALA CYNWYD, PA 19004-1116
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2002
—
401 City Avenue Assoc LP
—
Deed Of Trust
related
$75,000,000 · Merrill Lynch Credit Corp
Oct 9, 2001
$100,000,000
401 City Avenue Associates LP
Equitable Life Assurance Socie
Grant Deed
—
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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