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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Investment properties
50 Rittenhouse Pl Ardmore, PA 19003-2227
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2865398
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
4,200 SF
Lot
0.21 ac (9,261 SF)
Zoning code
ASDD1
APN
40-00-50500-00-4
UPID
US73-2865398
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
-
Anna M Durbin Law Offices Law Firm
-
Goldberger Peter Law Firm
-
Ellis Alan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$862k
Blend (final)
Blend
$1.10M
Owner & transaction history
50 Rittenhouse Place Realty LLC · 2 yrs held
50 Rittenhouse Place Realty LLC
since 2024
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
ASDD1 · Ardmore, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+66.1%
Retail stores
$1.1M
+51.3%
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 Ardmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ardmore 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$750,000
Current use
AUTO REPAIR, GARAGE
$1,240,000
Change: +66% · Conversion: Difficult
RETAIL STORES
$1,130,000
Change: +51% · Conversion: Easy
OFFICE BUILDING
$685,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$660,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Jan 17 2024)
Last sale anchor
$1.10M
Jan 17 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
$262 / 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
$10,820
Tax year 2023
Assessed value
$259,070
Assessed 2024
Previous assessed
$259,070
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$114,360
Assessed improvement
$144,710
Land market value
$114,360
Improvement market value
$144,710
Total market value
$259,070
Applied tax rate
40.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
4,200 SF
Lot
0.21 ac (9,261 SF)
Zoning code
ASDD1
APN
40-00-50500-00-4
UPID
US73-2865398
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
ASDD1 · Ardmore, PA
Zoning ASDD1 · permitted uses
ASDD1 · Ardmore, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ardmore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$685,000
MEDICAL BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
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
HOT WATER
Cooling
Yes
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
50 Rittenhouse Place Realty LLC
Entity
Mailing address
80 E PRINCETON RD, BALA CYNWYD, PA 19004-2239
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$1,100,000
50 Rittenhouse Place Realty LLC
Peter Goldberger
Deed
—
Mar 18, 2019
—
Peter Goldberger
—
Deed
related
$20,000 · Peoples Sec Bk&tr
—
—
Peter Goldberger
—
Deed Of Trust
related
$50,000 · Security Bk
—
—
Peter Goldberger
—
Deed Of Trust
related
$218,000 · Peoples Sec Bk&tr
—
—
Peter Goldberger
—
Deed Of Trust
related
$20,000 · Peoples Sec Bk&tr
—
—
Peter Goldberger
—
Deed Of Trust
related
$350,000 · Firstrust Bank
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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