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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Investment properties
404 Broad St Souderton, PA 18964-1214
Individually Owned
17-yr Hold
Free & Clear
Property ID
US73-2768790
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Total area
6,716 SF
Lot
0.23 ac (9,999 SF)
Zoning code
C2
APN
21-00-00920-00-4
UPID
US73-2768790
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$585k
Owner & transaction history
D Bradley Price · 17 yrs held
D Bradley Price
since 2009
4 recorded transactions
Zoning & alternative use
C2 · Souderton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$945,000
+30.4%
Apartment house (5+ units)
$935,000
+29.1%
Neighborhood: shopping center
$875,000
+21.1%
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 Souderton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Souderton 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
COMMERCIAL (GENERAL)
$725,000
Current use
RESTAURANT
$945,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$935,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$87 / 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
$8,787
Tax year 2023
Assessed value
$194,580
Assessed 2024
Previous assessed
$194,580
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$95,000
Assessed improvement
$99,580
Land market value
$95,000
Improvement market value
$99,580
Total market value
$194,580
Applied tax rate
21.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Heating
NONE
Cooling
NONE
Stories
2
Rooms
13
Bathrooms
2
Total area
6,716 SF
Lot
0.23 ac (9,999 SF)
Zoning code
C2
APN
21-00-00920-00-4
UPID
US73-2768790
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Souderton, PA
Zoning C2 · permitted uses
C2 · Souderton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Souderton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$725,000
RESTAURANT
Est. value
$945,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
COMMERCIAL (GENERAL) Current
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
1905
Heating
NONE
Cooling
Yes
Stories
2
Rooms
13
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
D Bradley Price
Individual
Free & Clear · 17 yrs held
Mailing address
402 E BROAD ST, SOUDERTON, PA 18964-1255
Ownership since
2009
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
Jun 23, 2009
—
D Bradley Price
Pollister,james H
Grant Deed
related
—
Jul 7, 2004
$191,000
James H Pollister
Teavis,meredith
Grant Deed
—
Jun 19, 2001
$185,000
Meredith Travis
Aimette,alexander A & Alice
Grant Deed
—
—
—
D Bradley Price
—
Deed Of Trust
related
$96,256 · Dennis L & Glenda L Price
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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