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Property profile & analytics
OFF-MARKET
Investment properties
450 Germantown Pike, Lafayette Hill, PA 19444-1820
Entity Owned
9-yr Hold
Free & Clear
Property ID
US73-0050405
Property summary
AI-generated overview
This exceptional 724-square-foot retail space is ideally situated at 450 Germantown Pike in Lafayette Hill, Pennsylvania. Built in 1812, this single-tenant property boasts a prime location on a busy thoroughfare with over 15,000 cars passing daily, ensuring high visibility for your business. The property is zoned Village Commercial and features ample parking with 20 spaces available. Its proximity to the Lafayette Hill post office further enhances its accessibility and convenience. The monthly rent is $1395, plus electricity (which also covers electric heat) and a $25 water charge. The property's Montgomery County location (APN 65-00-04645-006) offers easy access to major transportation routes and a thriving community. Note that the tenant is responsible for obtaining the necessary Use and Occupancy permit from Whitemarsh Township. Please be aware that provided photos depict a previous tenant's configuration. This presents a unique opportunity to customize the space to perfectly suit your business needs. Don't miss this chance to establish your presence in a high-traffic area with excellent visibility and ample parking.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1812
Total area
4,105 SF
Lot
0.26 ac (11,250 SF)
Zoning code
VC1
APN
65-00-04645-00-6
UPID
US73-0050405
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
-
Andrew M. Cherry, DC Alternative Medicine Practice
-
MaidPro Lafayette Hill Hardware & Home Improvement
-
Men In Kilts Norristown General Contractor Renovation Specialist
-
Germantown Pike Associates Apartment Building
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
450 Germantown Pike Associates LLC · 9 yrs held
450 Germantown Pike Associates LLC
since 2016
6 recorded transactions
Zoning & alternative use
VC1 · Lafayette Hill, 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 Lafayette Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette Hill 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
$7,843
Tax year 2023
Assessed value
$240,880
Assessed 2024
Previous assessed
$240,880
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$121,130
Assessed improvement
$119,750
Land market value
$121,130
Improvement market value
$119,750
Total market value
$240,880
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1812
Heating
NONE
Cooling
NONE
Stories
2
Rooms
11
Bathrooms
1
Total area
4,105 SF
Lot
0.26 ac (11,250 SF)
Zoning code
VC1
APN
65-00-04645-00-6
UPID
US73-0050405
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC1 · Lafayette Hill, PA
Zoning VC1 · permitted uses
VC1 · Lafayette Hill, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1812
Heating
NONE
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
450 Germantown Pike Associates LLC
Entity
Free & Clear · 9 yrs held
Mailing address
446 GERMANTOWN PIKE UNIT #145, LAFAYETTE HILL, PA 19444-2807
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2017
—
450 Germantown Pike Associates
—
Deed
related
$620,000 · Peoples Sec Bk&tr
Dec 27, 2016
$557,000
450 Germantown Pike Associates LLC
Build 2 Last LLC
Deed
—
Oct 8, 2015
$370,000
Build 2 Last LLC
Delmonte,joseph
Grant Deed
—
—
—
450 Germantown Pike Associates
—
Deed Of Trust
related
$620,000 · Peoples Sec Bk&tr
—
—
Glenn J Kopensky Trustee
—
Deed Of Trust
related
$410,000 · First Union National Bank
—
—
Jerome H Kopensky Estate
—
Deed Of Trust
related
$50,000 · Meridian National 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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