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Property profile & analytics
OFF-MARKET
Investment properties
509 Swede St Norristown, PA 19401-4806
Entity Owned
~
Est. High Equity
Property ID
US73-0654394
Property summary
AI-generated overview
along with multiple office and conference spaces. The notably prestigious stairway leads to the 2nd floor
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
4,446 SF
Lot
0.08 ac (3,598 SF)
Zoning code
TC
APN
13-00-36268-00-7
UPID
US73-0654394
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
-
James I Devine Law Offices Law Firm
-
D'Aniello Michael Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tp 509 LLC
Tp 509 LLC
since 2026
Last sale
$487,500
7 recorded transactions
Zoning & alternative use
TC · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Norristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norristown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,353
Tax year 2023
Assessed value
$136,080
Assessed 2024
Previous assessed
$136,080
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$45,590
Assessed improvement
$90,490
Land market value
$45,590
Improvement market value
$90,490
Total market value
$136,080
Applied tax rate
13.0000
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
1900
Heating
NONE
Cooling
NONE
Stories
2
Total area
4,446 SF
Lot
0.08 ac (3,598 SF)
Zoning code
TC
APN
13-00-36268-00-7
UPID
US73-0654394
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
TC · Norristown, PA
Zoning TC · permitted uses
TC · Norristown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norristown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Tp 509 LLC
Entity
Mailing address
1665 WOODBRIDGE LN, WORCESTER, PA 19490
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
$487,500
Tp 509 LLC
Michael J Dandello
Deed
$459,000 · Quaint Oak Bank
Jan 15, 2026
—
Tp 509 LLC
—
Deed
related
$367,200 · Quaint Oak Bank
Sep 14, 2021
—
Michael J Daniello
—
Deed
related
$280,000 · Harleysville Bank
Feb 18, 2010
—
Michael J Daniello
Daniello,michael J
Quit Claim Deed
related
$485,000 · Republic First Bank
Nov 10, 1999
$70,762
Michael J Daniello
Farrell,j D
Grant Deed
related
$150,000 · Sun National Bank
—
—
Michael J Daniello
—
Loan Modification
related
$485,724 · Republic Bank
—
—
Michael J Daniello
—
Deed Of Trust
related
$100,000 · Republic First Bank
—
—
D Aniello Michael J
—
Deed Of Trust
related
$100,000 · Republic First Bank
—
—
Michael J Daniello
—
Deed Of Trust
related
$100,000 · Sun National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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