480 Norristown Rd Blue Bell, PA 19422-2363
Entity Owned
16-yr Hold
~
Est. High Equity
Estimated value (blended)
$17.64M
Range $15.88M – $19.40M (±10%)
Implied cap rate
8.40%
In-place · NOI ÷ last sale
Property ID
US73-0853411
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Total area
153,384 SF
Lot
17.99 ac (783,644 SF)
Zoning code
I
APN
66-00-04711-00-2
UPID
US73-0853411
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Publishing House Printing Service
-
Bank Loan Service
-
Business Management Consultant
-
Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.14M
Comparable Approach
Comparable
$18.85M
Blend (final)
Blend
$17.64M
Owner & transaction history
since 2010
Last sale
$16.5M
5 recorded transactions
Zoning & alternative use
I · Blue Bell, PA
Top alternative use upside
Office building
$25.1M
+78.5%
Medical building
$24.2M
+71.9%
Restaurant
$21.5M
+53.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$17.64M
Value range
$15.88M – $19.40M
±10% around blend
Estimated value / SF
$115 / SF
Confidence
Low
4 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
40
$15.88M
blend $17.64M
$19.40M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
153,384 SF
Lot area
17.99 ac
Year built
1967
APN
66-00-04711-00-2
Assessed value
$5,901,755
Annual tax
$186,308
3
Income approach: direct capitalization
Partial preview
Income approach indication
$24.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$26.15M
@ 6.5% CAP return
$24.14M
@ 7% CAP return
$22.42M
4
Sales comparison
Partial preview
Sales approach indication
$7.58M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.8 mi away · 121,762 SF
21.9 mi away · 134,446 SF
23.0 mi away · 186,547 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$17.64M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 303 sales
$92
+25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $115/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+78%
vs current-use indication
Medical Building
Restaurant
Apartment House (5+ Units)
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.40%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.40%
9.0%
NOI (est.)
$1.16M *
Last sale · Feb 2020
$16.50M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$13.75M
Move the market yield to see immediate price impact.
Value / SF
$90
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.90%8.40%8.90%
$1.04M
$13.16M
$12.38M
$11.68M
$1.16M
$14.62M
$13.75M
$12.98M
$1.27M
$16.08M
$15.12M
$14.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$5.60M
10.4 mi · Sep 2025 · $52/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$186,308
Tax year 2023
Assessed value
$5,901,755
Assessed 2024
Previous assessed
$5,901,755
+0.0% YoY
Effective rate
3.16%
On assessed value
Total market value
$5,901,755
Applied tax rate
66.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Heating
FORCED AIR
Cooling
NONE
Total area
153,384 SF
Lot
17.99 ac (783,644 SF)
Zoning code
I
APN
66-00-04711-00-2
UPID
US73-0853411
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Blue Bell, PAZoning I · permitted uses
I · Blue Bell, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Heating
FORCED AIR
Cooling
Yes
Lot
17.99 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I
Jurisdiction
Blue Bell, PA
Recorded code
I
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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