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Property profile & analytics
OFF-MARKET
Estimated value
$11,245,000
High-rise multifamily apartments
501 York Rd, Willow Grove, PA 19090-2625
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-1800025
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2013
Total area
81,729 SF
Lot
2.64 ac (114,998 SF)
Zoning code
CC
APN
59-00-19891-00-3
UPID
US73-1800025
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
-
College Station Student Housing Center Apartment Building
-
Apartment Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.66M
Blend (final)
Blend
$11.25M
Owner & transaction history
501 York Partners LP · 13 yrs held
501 York Partners LP
since 2013
7 recorded transactions
Zoning & alternative use
CC · Willow Grove, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.4M
+17.7%
Medical building
$12.9M
+13.4%
Restaurant
$11.5M
+1.0%
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 Willow Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willow Grove 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$11,360,000
Current use
OFFICE BUILDING
$13,370,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$12,880,000
Change: +13% · Conversion: Moderate
RESTAURANT
$11,470,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,655,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,945,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$11.25M
Range $10.12M – $12.37M · ±10%
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
$138 / 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
$203,328
Tax year 2023
Assessed value
$4,277,700
Assessed 2024
Previous assessed
$4,277,700
+0.0% YoY
Effective rate
4.75%
On assessed value
Total market value
$4,277,700
Applied tax rate
59.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2013
Heating
FORCED AIR
Cooling
CENTRAL
Units
51
Total area
81,729 SF
Lot
2.64 ac (114,998 SF)
Zoning code
CC
APN
59-00-19891-00-3
UPID
US73-1800025
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CC · Willow Grove, PA
Zoning CC · permitted uses
CC · Willow Grove, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willow Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$11.4M
OFFICE BUILDING
Est. value
$13.4M
MEDICAL BUILDING
Est. value
$12.9M
RESTAURANT
Est. value
$11.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
COMMERCIAL (GENERAL)
Est. value
$9.9M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Heating
FORCED AIR
Cooling
Yes
Units
51
Lot
2.64 ac
Current owner
From public records · entity-resolved
501 York Partners LP
Entity
Mailing address
PO BOX 222, SOUTHEASTERN, PA 19399-0222
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
—
501 York Partners LP
—
Deed
related
$13,500,000 · Investors Bank
Mar 8, 2018
—
501 York Partners LP
—
Deed
related
$800,000 · First Cmnwlt Bk
Jan 15, 2013
—
501 York Partners LP
501 York Partners LP
Quit Claim Deed
—
Jan 10, 2013
—
501 York Partners LP
Greenleaf Stewart
Grant Deed
related
—
Nov 8, 2012
$900,000
501 York Partners LP
Greenleaf Stewart W
Grant Deed
—
Nov 8, 2012
—
501 York Ptshp LP
—
Deed Of Trust
related
$8,125,000 · Firstrust Bank
—
—
501 York Partners LP
—
Deed Of Trust
related
$800,000 · First Cmnwlt 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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