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Property profile & analytics
OFF-MARKET
Estimated value
$5,285,000
Warehouses
404 Church Rd King Of Prussia, PA 19406-2625
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5722936
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Total area
20,908 SF
Lot
0.74 ac (32,400 SF)
Zoning code
HI
APN
58-00-03178-00-4
UPID
US73-5722936
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
-
Jamison's Towing Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.57M
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.29M
Owner & transaction history
404 Church LLC · 6 yrs held
404 Church LLC
since 2020
Last sale
$5.0M
6 recorded transactions
Zoning & alternative use
HI · King Of Prussia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.2M
+89.3%
Retail stores
$5.6M
+72.5%
Office building
$4.0M
+21.8%
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 King Of Prussia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King Of Prussia 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
$5,635,000
ML approach
$5,565,000
CAP Approach
CAP Return
Estimation
6%
$3,565,000
6.5%
$3,290,000
7%
$3,055,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,265,000
Current use
AUTO REPAIR, GARAGE
$6,180,000
Change: +89% · Conversion: Easy
RETAIL STORES
$5,630,000
Change: +72% · Conversion: Moderate
OFFICE BUILDING
$3,975,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$3,295,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±10% · vs last sale $4.97M (Jan 22 2020)
Last sale anchor
$4.97M
Jan 22 2020
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
$253 / 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
$17,244
Tax year 2023
Assessed value
$559,560
Assessed 2024
Previous assessed
$559,560
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$138,030
Assessed improvement
$421,530
Land market value
$138,030
Improvement market value
$421,530
Total market value
$559,560
Applied tax rate
58.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Heating
FORCED AIR
Cooling
CENTRAL
Total area
20,908 SF
Lot
0.74 ac (32,400 SF)
Zoning code
HI
APN
58-00-03178-00-4
UPID
US73-5722936
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HI · King Of Prussia, PA
Zoning HI · permitted uses
HI · King Of Prussia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King Of Prussia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$6.2M
RETAIL STORES
Est. value
$5.6M
OFFICE BUILDING
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1947
Heating
FORCED AIR
Cooling
Yes
Lot
0.74 ac
Current owner
From public records · entity-resolved
404 Church LLC
Entity
Mailing address
404 E CHURCH RD, KING OF PRUSSIA, PA 19406-2625
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2022
—
404 Church LLC
—
Deed
related
$3,500,000 · Wilmington Savings Fund Society Fsb
Jan 22, 2020
$4,972,181
404 Church LLC
Francis E Schultz JR.
Grant Deed
$6,150,000 · 100 Mile Reit INC
Nov 22, 2006
$875,000
Francis E Schultz JR
Michael Alan Stein
Deed
—
Apr 14, 2004
—
John J Dickson
Dickson,roland B
Quit Claim Deed
related
—
Apr 14, 2004
$600,000
John J Dickson
Dickson,roland B
Grant Deed
related
—
—
—
Francis E Schultz JR.
—
Deed Of Trust
related
$2,650,000 · Penn Liberty 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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