Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,030,000
Office Spaces
451 Rdg Pike 4 Limerick, PA 19468-1415
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-4013132
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2008
Total area
26,133 SF
Lot
2.67 ac (116,305 SF)
Zoning code
MS
APN
37-00-04111-13-6
UPID
US73-4013132
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
-
Wawa Restaurant Take-out & Catering
-
Phoenixville Federal Bank & Trust Bank Loan Service
-
Ivy Rehab for Kids Physician
-
ATM Pnc Bank Na Bank Bank Or Atm
-
Heidi Weiss Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.74M
Comparable Approach
Comparable
$3.84M
Blend (final)
Blend
$6.03M
Owner & transaction history
451 West Ridge LLC · 2 yrs held
451 West Ridge LLC
since 2023
Last sale
$5.8M
2 recorded transactions
Zoning & alternative use
MS · Limerick, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.7M
+80.6%
Retail stores
$7.0M
+64.6%
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 Limerick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Limerick 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
$5,770,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,305,000
6.5%
$6,740,000
7%
$6,260,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,275,000
Current use
AUTO REPAIR, GARAGE
$7,725,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$7,035,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$4,120,000
Change: -4% · Conversion: Easy
RESTAURANT
$3,670,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,630,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$6.03M
Range $5.43M – $6.63M · ±10% · vs last sale $5.80M (Dec 18 2023)
Last sale anchor
$5.80M
Dec 18 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
$231 / 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
$64,380
Tax year 2023
Assessed value
$1,664,950
Assessed 2024
Previous assessed
$1,664,950
+0.0% YoY
Effective rate
3.87%
On assessed value
Total market value
$1,664,950
Applied tax rate
37.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
CENTRAL
Total area
26,133 SF
Lot
2.67 ac (116,305 SF)
Zoning code
MS
APN
37-00-04111-13-6
UPID
US73-4013132
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MS · Limerick, PA
Zoning MS · permitted uses
MS · Limerick, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Limerick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$7.7M
RETAIL STORES
Est. value
$7.0M
MEDICAL BUILDING
Est. value
$4.1M
RESTAURANT
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
2008
Heating
FORCED AIR
Cooling
Yes
Lot
2.67 ac
Current owner
From public records · entity-resolved
451 West Ridge LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 521, WYNNEWOOD, PA 19096-0521
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2023
$5,800,000
451 West Ridge LLC
451 West Ridge Pike LP
Deed
—
Apr 14, 2015
$7,900,000
451 West Ridge Pike LP
Lewis Ridge Retail LP
Grant Deed
$5,900,000 · Ladder Cap Fin
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 451 Rdg Pike, Unit 4?
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.
