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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Investment properties
516-518 Bethlehem Pike Fort Washington, PA 19034
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0898429
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1773
Total area
5,434 SF
Lot
0.7 ac (30,400 SF)
Zoning code
VC1
APN
65-00-00844-00-9
UPID
US73-0898429
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$515k
Owner & transaction history
Michael W Rae · 4 yrs held
Michael W Rae
since 2022
Last sale
$505,000
6 recorded transactions
Zoning & alternative use
VC1 · Fort Washington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$855,000
+46.4%
Restaurant
$765,000
+30.4%
Apartment house (5+ units)
$755,000
+29.1%
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 Fort Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Washington 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
$515,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$585,000
Current use
MEDICAL BUILDING
$855,000
Change: +46% · Conversion: Easy
RESTAURANT
$765,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $505k (May 25 2022)
Last sale anchor
$505k
May 25 2022
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
$95 / 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
$8,655
Tax year 2023
Assessed value
$265,800
Assessed 2024
Previous assessed
$265,800
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$172,710
Assessed improvement
$93,090
Land market value
$172,710
Improvement market value
$93,090
Total market value
$265,800
Applied tax rate
65.0000
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
1773
Heating
NONE
Cooling
NONE
Stories
2
Rooms
7
Bathrooms
2
Total area
5,434 SF
Lot
0.7 ac (30,400 SF)
Zoning code
VC1
APN
65-00-00844-00-9
UPID
US73-0898429
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC1 · Fort Washington, PAZoning VC1 · permitted uses
VC1 · Fort Washington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$585,000
MEDICAL BUILDING
Est. value
$855,000
RESTAURANT
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1773
Heating
NONE
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
2
Lot
0.7 ac
Current owner
From public records · entity-resolved
Michael W Rae
Individual
Mailing address
1330 WALTON RD, BLUE BELL, PA 19422-2139
Ownership since
2022
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
May 25, 2022
$505,000
Michael W Rae
Ronald H Kline JR
Deed
$550,000 · Cindy Gaines
Jan 13, 2010
—
Ronald H Kline
—
Trustees Deed
related
$500,000 · Univest National Bank & Tr Co
—
—
Beatrice A Kline
—
Deed Of Trust
related
$500,000 · Univest Nat Bk&t Co
—
—
Ronald H Kline
—
Deed Of Trust
related
$250,000 · Firstrust Savings Bank
—
—
Ronald H Kline
—
Deed Of Trust
related
$250,000 · Commonwealth Savings Bank
—
—
Ronald H Kline
—
Deed Of Trust
related
$250,000 · Commonwealth Savings 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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