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Property profile & analytics
FOR LEASE
Office buildings
401 Plymouth Rd Plymouth Meeting, PA 19462
Individually Owned
22-yr Hold
Free & Clear
Property ID
US73-6002319
For Lease
1 / 2
Contact for pricing
401 Plymouth Rd, Plymouth Meeting, PA 19462
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Total area
452,740 SF
Lot
11.03 ac (480,467 SF)
Zoning code
C
APN
49-00-09337-00-1
UPID
US73-6002319
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
-
Liberty Mutual Surety - Plymouth Meeting Financial Advisor Insurance Agency
-
All Covered Philadelphia Area Office IT Consulting Firm Tech Support Center
-
Offit Kurman: Plymouth Meeting Law Firm
-
FedEx Drop Box Postal Service Courier Service
-
Over The Top Cafe LLC. Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$85.58M
Blend (final)
Blend
$71.89M
Owner & transaction history
Oper Part I L P Witmer · 22 yrs held
Oper Part I L P Witmer
since 2003
4 recorded transactions
Zoning & alternative use
C · Plymouth Meeting, 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 Plymouth Meeting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth Meeting 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
Blend value · Realmo final
$71.89M
Range $64.70M – $79.08M · ±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
$159 / 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
$769,746
Tax year 2023
Assessed value
$23,455,000
Assessed 2024
Previous assessed
$23,455,000
+0.0% YoY
Effective rate
3.28%
On assessed value
Total market value
$23,455,000
Applied tax rate
49.0000
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
For Lease
Year built
2002
Heating
NONE
Cooling
NONE
Total area
452,740 SF
Lot
11.03 ac (480,467 SF)
Zoning code
C
APN
49-00-09337-00-1
UPID
US73-6002319
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Plymouth Meeting, PA
Zoning C · permitted uses
C · Plymouth Meeting, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth Meeting. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Lot
11.03 ac
Current owner
From public records · entity-resolved
Oper Part I L P Witmer
Individual
Free & Clear · 22 yrs held
Mailing address
555 E LANCASTER AVE #100, RADNOR, PA 19087-5158
Ownership since
2003
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
Oct 10, 2003
—
Oper Part I L P Witmer
Brinker Penn
Grant Deed
related
—
Sep 10, 2001
—
Plymouth Tfc
—
Trustees Deed
related
$34,000,000 · Key Bank NA
May 10, 2001
—
Plymouth Township (pa)
Plymouth Meeting General Ptshp
Quit Claim Deed
related
—
Dec 22, 1997
$3,100,000
Plymouth Tfc
Gwml Holdings INC
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.
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?”
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