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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Warehouses
5 Main St Hatfield, PA 19440
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2583823
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
16,614 SF
Lot
1.74 ac (75,707 SF)
Zoning code
I
APN
09-00-00934-00-2
UPID
US73-2583823
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
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.50M
Owner & transaction history
Vine Property Group LLC · 2 yrs held
Vine Property Group LLC
since 2024
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
I · Hatfield, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zoning district is intented to provide for the orderly and planned development and redevelopment of office, research, development, and laboratory uses, commercial recreational, traffic-intensive or required intensive land uses generally, as well as a variety of nonpolluting, small scale industries and major industrial operations in Hatfield Borough and…
Zone name
Industrial
General category
PLANNED_DEVELOPMENT
Zone area
73.34 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.3M
+53.1%
Apartment house (5+ units)
$2.3M
+51.6%
Neighborhood: shopping center
$2.2M
+42.2%
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 Hatfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatfield 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,525,000
Current use
RESTAURANT
$2,330,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,310,000
Change: +52% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,165,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Jan 9 2024)
Last sale anchor
$1.50M
Jan 9 2024
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
$90 / 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
$13,124
Tax year 2023
Assessed value
$344,790
Assessed 2024
Previous assessed
$344,790
+0.0% YoY
Effective rate
3.81%
On assessed value
Assessed land
$113,310
Assessed improvement
$231,480
Land market value
$113,310
Improvement market value
$231,480
Total market value
$344,790
Applied tax rate
9.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
OTHER
Cooling
NONE
Total area
16,614 SF
Lot
1.74 ac (75,707 SF)
Zoning code
I
APN
09-00-00934-00-2
UPID
US73-2583823
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Hatfield, PAZoning I · permitted uses
I · Hatfield, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zoning district is intented to provide for the orderly and planned development and redevelopment of office, research, development, and laboratory uses, commercial recreational, traffic-intensive or required intensive land uses generally, as well as a variety of nonpolluting, small scale industries and major industrial operations in Hatfield Borough and to provide performance standards, setback regulations and buffer requirements to ensure that the type and scale of the permitted development and uses will cause minimal negative impact on surrounding residential neighborhoods, and to provide for a suitable transition from intense land uses to residential neighborhoods.
Zone name
Industrial
General category
PLANNED_DEVELOPMENT
Zone area
73.34 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
WAREHOUSE, STORAGE Current
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
1950
Heating
OTHER
Cooling
Yes
Lot
1.74 ac
Current owner
From public records · entity-resolved
Vine Property Group LLC
Entity
Mailing address
609 E MT PLEASANT AVE, AMBLER, PA 19002-3535
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2024
$1,500,000
Vine Property Group LLC
Woodway Manufacturing Co INC
Deed
$1,500,000 · Michael Svitek Etal
Oct 9, 2018
—
Woodway Manufacturing Co INC
—
Deed
related
$100,000 · Harleysville Bk
—
—
Woodway Manufacturing Co INC
—
Deed Of Trust
related
$100,000 · Harleysville 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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