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Property profile & analytics
OFF-MARKET
Estimated value
$11,245,000
Office Spaces
500 Swedesford Rd, Wayne, PA 19087-1614
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2159523
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1974
Total area
61,875 SF
Lot
0.49 ac (21,190 SF)
Zoning code
P
APN
4306E01000200
UPID
US73-2159523
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
-
Randstad Finance & Accounting Employment Agency
-
Affiliated Distributors Big Box & Wholesale Store
-
Dec 4 hotel Hotel & Motel
-
Whitney, Bailey, Cox & Magnani, LLC Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.68M
Blend (final)
Blend
$11.25M
Owner & transaction history
Mb 500 Swedesford Associates LLC · 5 yrs held
Mb 500 Swedesford Associates LLC
since 2021
Last sale
$11.0M
4 recorded transactions
Zoning & alternative use
P · Wayne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.4M
+2.8%
Auto repair, garage
$13.2M
+1.5%
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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$14,195,000
ML approach
$11,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,020,000
Current use
RESTAURANT
$13,385,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$13,220,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,745,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$11,080,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$11.25M
Range $10.12M – $12.37M · ±10% · vs last sale $11.01M (Jun 16 2021)
Last sale anchor
$11.01M
Jun 16 2021
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
$182 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$153,566
Tax year 2024
Assessed value
$4,359,750
Assessed 2024
Previous assessed
$4,359,750
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$127,140
Assessed improvement
$4,232,610
Land market value
$127,140
Improvement market value
$4,232,610
Total market value
$4,359,750
Applied tax rate
43.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1974
Heating
ELECTRIC
Cooling
CENTRAL
Total area
61,875 SF
Lot
0.49 ac (21,190 SF)
Zoning code
P
APN
4306E01000200
UPID
US73-2159523
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
P · Wayne, PA
Zoning P · permitted uses
P · Wayne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$13.0M
RESTAURANT
Est. value
$13.4M
AUTO REPAIR, GARAGE
Est. value
$13.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.7M
COMMERCIAL (GENERAL)
Est. value
$11.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1974
Heating
ELECTRIC
Cooling
Yes
Lot
0.49 ac
Current owner
From public records · entity-resolved
Mb 500 Swedesford Associates LLC
Entity
Mailing address
930 HARVEST DR STE #150, BLUE BELL, PA 19422-1980
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2021
$11,006,690
Mb 500 Swedesford Associates LLC
500 Swedesford Associates LP
Deed
$15,003 · Prime Financial Corp
Jun 7, 2016
—
480 Swedesford Associates LP
—
Deed
related
$50,500,000 · Barclays Bk/plc
Jun 3, 2011
—
One Presidential Assocs LP
—
Deed Of Trust
related
$90,000,000 · German American Capital Corp
Sep 1, 2005
—
500 Swedesford Associates
Vfoc Straw LLC
Grant Deed
$8,109,330 · Wells Fargo 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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