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Property profile & analytics
FOR LEASE
Medical Office Space
454 Enterprise Dr Royersford, PA 19468
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2921607
For Lease
$5,705,000
454 Enterprise Dr, Royersford, PA 19468
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2010
Total area
34,952 SF
Lot
4.23 ac (184,259 SF)
Zoning code
OLI
APN
37-00-00655-90-1
UPID
US73-2921607
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
$7.00M
Blend (final)
Blend
$5.71M
Owner & transaction history
Phycare R/e Holdings II · 16 yrs held
Phycare R/e Holdings II
since 2009
7 recorded transactions
Zoning & alternative use
OLI · Royersford, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.4M
+70.8%
Office building
$5.7M
+3.8%
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 Royersford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royersford 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
MEDICAL BUILDING
$5,510,000
Current use
RETAIL STORES
$9,410,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$5,720,000
Change: +4% · Conversion: Easy
RESTAURANT
$4,905,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,860,000
Change: -12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,555,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$5.71M
Range $5.13M – $6.28M · ±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
$163 / 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
$153,508
Tax year 2023
Assessed value
$3,969,950
Assessed 2024
Previous assessed
$3,969,950
+0.0% YoY
Effective rate
3.87%
On assessed value
Total market value
$3,969,950
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2010
Heating
FORCED AIR
Cooling
CENTRAL
Total area
34,952 SF
Lot
4.23 ac (184,259 SF)
Zoning code
OLI
APN
37-00-00655-90-1
UPID
US73-2921607
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
OLI · Royersford, PAZoning OLI · permitted uses
OLI · Royersford, 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
MEDICAL BUILDING Current
Est. value
$5.5M
RETAIL STORES
Est. value
$9.4M
OFFICE BUILDING
Est. value
$5.7M
RESTAURANT
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
MEDICAL BUILDING Current
RETAIL STORES
OFFICE 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
2010
Heating
FORCED AIR
Cooling
Yes
Lot
4.23 ac
Current owner
From public records · entity-resolved
Phycare R/e Holdings II
Entity
Mailing address
1321 INTREPID AVE STE #400, PHILADELPHIA, PA 19112-1223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Mar 25, 2021
—
Phycare Real Estate Holdings II LP
—
Deed
related
$3,760,000 · Truist Bank
Sep 12, 2016
—
Phycare R & E Holdings II LP
—
Deed
related
$1,704,000 · Branch Bk&tr
Sep 26, 2012
—
R E Holdings Phycare II
—
Deed Of Trust
related
$10,500,000 · National Penn Bank
Jul 19, 2010
—
R E Holdings Phycare II
—
Trustees Deed
related
$11,360,000 · National Penn Bank
Aug 27, 2009
$1,069,000
Phycare R/e Holdings II
Linfield Corporate Center
Grant Deed
$10,080,000 · National Penn Bank
Dec 20, 2005
$9,715,875
Linfield Corporate Center
Hough Of Loew Associates INC
Grant Deed
—
—
—
Phycare R & E Holdings II LP
—
Deed Of Trust
related
$1,704,000 · Branch Bk&tr
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?”
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