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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Investment properties
424 Elm St Conshohocken, PA 19428-1911
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0611406
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1971
Total area
8,404 SF
Lot
0.26 ac (11,364 SF)
Zoning code
R3
APN
05-00-05900-00-8
UPID
US73-0611406
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
-
The Polarity Center Alternative Medicine Practice
-
Henkin Energy Therapy Alternative Medicine Practice
-
Law Offices of Thomas J. Bass Law Firm
-
424 Elm Street Associates Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.64M
Owner & transaction history
Ops Realty Holding LLC · 3 yrs held
Ops Realty Holding LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
R3 · Conshohocken, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+84.8%
Retail stores
$2.3M
+68.4%
Office building
$1.4M
+2.3%
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 Conshohocken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conshohocken 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
$1,635,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,450,000
6.5%
$1,340,000
7%
$1,245,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,345,000
Current use
AUTO REPAIR, GARAGE
$2,485,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$2,265,000
Change: +68% · Conversion: Easy
OFFICE BUILDING
$1,375,000
Change: +2% · Conversion: Easy
MEDICAL BUILDING
$1,325,000
Change: -1% · Conversion: Easy
RESTAURANT
$1,180,000
Change: -12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,170,000
Change: -13% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.60M (Feb 24 2023)
Last sale anchor
$1.60M
Feb 24 2023
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
$195 / 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
$21,999
Tax year 2023
Assessed value
$634,000
Assessed 2024
Previous assessed
$634,000
+0.0% YoY
Effective rate
3.47%
On assessed value
Total market value
$634,000
Applied tax rate
5.0000
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
1971
Heating
FORCED AIR
Cooling
WINDOW A/C
Stories
2
Total area
8,404 SF
Lot
0.26 ac (11,364 SF)
Zoning code
R3
APN
05-00-05900-00-8
UPID
US73-0611406
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Conshohocken, PAZoning R3 · permitted uses
R3 · Conshohocken, 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
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
1971
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Ops Realty Holding LLC
Entity
Mailing address
424 E ELM ST FL, CONSHOHOCKEN, PA 19428-1911
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
$1,600,000
Ops Realty Holding LLC
Jeronimos LLC
Deed
$822,000 · Bank Of America NA
Feb 24, 2023
—
Ops Realty Holding LLC
—
Deed
related
$657,600 · Bank Of America NA
May 28, 2014
$1,000,000
Jeronimos LLC
Apex Realty LLC
Grant Deed
$500,000 · Bank Of America
Jan 8, 2013
—
Apex Realty LLC
424 Elm Street Associates LP
Grant Deed
—
May 15, 2006
$1,530,000
424 Elm Street Associates
Tr-suburban
Grant Deed
$1,384,000 · Meridian Bank
Jul 19, 1999
$1,500,000
Tr-suburban LP
Comer,edward A & Elaine K
Grant Deed
—
—
—
Jeronimos LLC
—
Deed Of Trust
related
$414,000 · Empire St Certified Dev
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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