New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Warehouses
411 Elm Ave, North Wales, PA 19454-3333
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5918520
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1945
Total area
29,160 SF
Lot
1.17 ac (51,169 SF)
Zoning code
LI
APN
14-00-00440-00-5
UPID
US73-5918520
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
-
Ryco Contracting General Contractor
-
Excelsus Auto Detail Car Wash
-
BMG Exteriors Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.29M
Owner & transaction history
Steelhead Properties LLC · 10 yrs held
Steelhead Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
LI · North Wales, 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 North Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Wales 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
$1.29M
Range $1.16M – $1.41M · ±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
$44 / 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
$22,772
Tax year 2023
Assessed value
$557,920
Assessed 2024
Previous assessed
$557,920
+0.0% YoY
Effective rate
4.08%
On assessed value
Total market value
$557,920
Applied tax rate
14.0000
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
1945
Heating
HOT WATER
Cooling
CENTRAL
Total area
29,160 SF
Lot
1.17 ac (51,169 SF)
Zoning code
LI
APN
14-00-00440-00-5
UPID
US73-5918520
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · North Wales, PA
Zoning LI · permitted uses
LI · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Wales. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Heating
HOT WATER
Cooling
Yes
Lot
1.17 ac
Current owner
From public records · entity-resolved
Steelhead Properties LLC
Entity
Mailing address
411 ELM AVE, NORTH WALES, PA 19454-3333
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2023
—
Steelhead Properties LLC
—
Deed
related
$900,000 · Truist Bank
Mar 9, 2023
—
Steelhead Properties LLC
—
Deed
related
$525,000 · Truist Bank
Feb 7, 2020
—
Steelhead Properties LLC
—
Deed
related
$1,250,000 · Keybank USA
Jun 14, 2016
—
Steelhead Properties LLC
—
Deed
related
$400,000 · Santander Bk NA
Mar 17, 2016
$500,000
Steelhead Properties LLC
Us Bank NA Series 2007-3
Grant Deed
—
May 27, 2014
$2,573
Us Bank NA Series 2007-3 Tr
Sheriff Of Montgomery County
Trustees Deed
related
—
Sep 21, 2004
$1,100,000
North Wales Industries LLC
Altomare,karl E
Grant Deed
$825,000 · First Washington State Bank
—
—
North Wales Industries LLC
—
Deed Of Trust
related
$200,000 · Blue Sky International INC
—
—
Karl E Altomare
—
Deed Of Trust
related
$650,000 · Corestates Bank
—
—
Karl E Altomare
—
Deed Of Trust
related
$3,200,000 · Business Alliance Capital Corp
—
—
Karl E Altomare
—
Deed Of Trust
related
$780,000 · Progress Bank
—
—
Karl E Altomare
—
Deed Of Trust
related
$120,000 · Progress Bank
—
—
Karl E Altomare
—
Deed Of Trust
related
$500,000 · Progress Bank
—
—
Karl E Altomare
—
Deed Of Trust
related
$1,590,000 · Peoples Capital & Leasing Corp
—
—
Karl E Altomare
—
Deed Of Trust
related
$50,000 · First Republic Bank
—
—
North Wales Industries LLC
—
Deed Of Trust
related
$1,087,500 · Greenpoint Mortgage Funding
—
—
Steelhead Properties LLC
—
Deed Of Trust
related
$400,000 · Santander Bk NA
—
—
Steelhead Properties LLC
—
Deed Of Trust
related
$1,250,000 · Keybank USA
—
—
Karl E Altomare
—
Deed Of Trust
related
$100,000 · Stanley Marvel
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?”
You own 411 Elm Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
