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Property profile & analytics
FOR LEASE
Warehouses
441 Industrial Dr North Wales, PA 19454
Entity Owned
Free & Clear
Property ID
US73-2472821
For Lease
1 / 3
Contact for pricing
441 Industrial Dr, North Wales, PA 19454
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
10,984 SF
Lot
1.91 ac (83,374 SF)
Zoning code
LI
APN
56-00-04055-50-6
UPID
US73-2472821
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nbpiv North Wales LLC
Nbpiv North Wales LLC
since 2025
Last sale
$22.2M
3 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,560
Tax year 2023
Assessed value
$396,850
Assessed 2024
Previous assessed
$396,850
+0.0% YoY
Effective rate
3.67%
On assessed value
Assessed land
$121,400
Assessed improvement
$275,450
Land market value
$121,400
Improvement market value
$275,450
Total market value
$396,850
Applied tax rate
56.0000
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
For Lease
Year built
1995
Heating
OTHER
Cooling
NONE
Total area
10,984 SF
Lot
1.91 ac (83,374 SF)
Zoning code
LI
APN
56-00-04055-50-6
UPID
US73-2472821
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
1995
Heating
OTHER
Cooling
Yes
Lot
1.91 ac
Current owner
From public records · entity-resolved
Nbpiv North Wales LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1 BELMONT AVE STE #520, BALA CYNWYD, PA 19004-1608
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2025
$22,200,000
Nbpiv North Wales LLC
Vvnorthwales LLC
Special Warranty Deed
—
Aug 23, 2022
$14,975,000
Vvnorthwales LLC
Schenk Property Group
Special Warranty Deed
$13,200,000 · Midcap Financial Trust
Oct 30, 2018
$8,675
Schenk Property Group
Schenk Ents
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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