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Property profile & analytics
OFF-MARKET
Estimated value
$26,880,000
Grocery and convenience stores
498 Germantown Pike Plymouth Meeting, PA 19462
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0871730
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2009
Total area
131,158 SF
Lot
6.08 ac (264,845 SF)
Zoning code
SC
APN
49-00-04128-00-8
UPID
US73-0871730
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
$24.36M
Comparable Approach
Comparable
$35.62M
Blend (final)
Blend
$26.88M
Owner & transaction history
Agree Shelf Pa LLC · 3 yrs held
Agree Shelf Pa LLC
since 2023
Last sale
$27.0M
6 recorded transactions
Zoning & alternative use
SC · Plymouth Meeting, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$38.8M
+9.8%
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 Plymouth Meeting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth Meeting 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
$29,255,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,385,000
6.5%
$24,355,000
7%
$22,615,000
Alternative Use
Use
Estimation
RETAIL STORES
$35,315,000
Current use
AUTO REPAIR, GARAGE
$38,765,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$26.88M
Range $24.19M – $29.57M · ±10% · vs last sale $26.95M (Feb 9 2023)
Last sale anchor
$26.95M
Feb 9 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
$205 / 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
$275,048
Tax year 2023
Assessed value
$8,381,000
Assessed 2024
Previous assessed
$8,381,000
+0.0% YoY
Effective rate
3.28%
On assessed value
Total market value
$8,381,000
Applied tax rate
49.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Total area
131,158 SF
Lot
6.08 ac (264,845 SF)
Zoning code
SC
APN
49-00-04128-00-8
UPID
US73-0871730
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SC · Plymouth Meeting, PA
Zoning SC · permitted uses
SC · Plymouth Meeting, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth Meeting. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$35.3M
AUTO REPAIR, GARAGE
Est. value
$38.8M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
2009
Heating
FORCED AIR
Cooling
Yes
Lot
6.08 ac
Current owner
From public records · entity-resolved
Agree Shelf Pa LLC
Entity
Mailing address
70 E LONG LK RD, BLOOMFIELD HILLS, MI 48304-2356
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Pr Plymouth Anchor M LP
—
Deed
related
$55,000,000 · Wilmington Savings Fund Society Fsb
Feb 9, 2023
$26,951,000
Agree Shelf Pa LLC
Plymouth Ground Associates LP
Special Warranty Deed
—
Dec 11, 2020
—
Plymouth Ground Associates LP
—
Deed
related
$30,000,000 · Wells Fargo Bk
Mar 25, 2010
—
Plymouth Ground Associates LP
—
Deed Of Trust
related
$670,000,000 · Wells Fargo Bank
Sep 15, 2003
$13,500,000
Pr Aeki Plymouth LP
Owner,record
Grant Deed
related
—
—
—
Plymouth Ground Associates LP
—
Loan Modification
related
$30,000,000 · Wells Fargo Bk
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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