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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
414 Main St East Greenville, PA 18041-1304
Trust Owned
Free & Clear
Property ID
US73-2452844
Property summary
AI-generated overview
This exceptional 1700-square-foot commercial space, located on the second floor at 414 Main St in East Greenville, Pennsylvania, 18041, offers a versatile and updated environment. The property is zoned C and situated in Montgomery County. The space features a ground floor entry and waiting room, making it easily accessible for clients. Ideal for a variety of uses, including yoga studios, massage therapy practices, or co-working offices, this space boasts newly installed flooring, paint, and lighting fixtures, creating a modern and inviting atmosphere. A convenient kitchen area and one full bathroom are included. The building is a two-story structure with a ceiling height of 10 feet. Ample parking is available with 22 spaces. The space is available as a single unit, encompassing the entire 1700 square feet. This property presents a fantastic opportunity for businesses seeking a move-in ready, well-appointed space in a desirable location. The property type is listed as Retail and Office, with subtypes including Traditional Office, Creative Office, Coworking, and Executive Office.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
4,859 SF
Lot
0.26 ac (11,200 SF)
Zoning code
R2
APN
06-00-02592-00-3
UPID
US73-2452844
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
-
Main st. Smoke Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$535k
Owner & transaction history
Joseph A Pileggi Family Trust
Joseph A Pileggi Family Trust
since 2025
4 recorded transactions
Zoning & alternative use
R2 · East Greenville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$795,000
+52.0%
Medical building
$765,000
+46.4%
Neighborhood: shopping center
$635,000
+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 East Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Greenville 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)
$525,000
Current use
OFFICE BUILDING
$795,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$765,000
Change: +46% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$635,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$445,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$110 / 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
$6,678
Tax year 2023
Assessed value
$172,020
Assessed 2024
Previous assessed
$172,020
+0.0% YoY
Effective rate
3.88%
On assessed value
Assessed land
$45,120
Assessed improvement
$126,900
Land market value
$45,120
Improvement market value
$126,900
Total market value
$172,020
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1900
Heating
NONE
Cooling
NONE
Stories
2
Rooms
8
Bathrooms
1
Total area
4,859 SF
Lot
0.26 ac (11,200 SF)
Zoning code
R2
APN
06-00-02592-00-3
UPID
US73-2452844
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · East Greenville, PAZoning R2 · permitted uses
R2 · East Greenville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$525,000
OFFICE BUILDING
Est. value
$795,000
MEDICAL BUILDING
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$635,000
WAREHOUSE, STORAGE
Est. value
$445,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1900
Heating
NONE
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Joseph A Pileggi Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1227 CHARTER LN, AMBLER, PA 19002-1564
Ownership since
2025
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
Nov 18, 2025
—
Joseph A Pileggi Family Trust
Annette M Dougherty
Deed
related
—
Mar 20, 2019
$165,000
Joseph Pileggi
Tomlinson,joyce E
Grant Deed
—
Nov 3, 2017
—
Joyce E Tomlinson
Tomlinson,barry J
Quit Claim Deed
related
—
Mar 28, 2013
$200,000
Barry J Tomlinson
Tomlinson,allen K & Arlene L
Grant Deed
related
—
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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