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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Apartment buildings
521 Broad St Lansdale, PA 19446-2446
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-2649881
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
5,940 SF
Lot
0.21 ac (9,325 SF)
Zoning code
BPO
APN
11-00-00644-00-2
UPID
US73-2649881
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
$940k
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$815k
Blend (final)
Blend
$890k
Owner & transaction history
Anthony Investments LLC · 3 yrs held
Anthony Investments LLC
since 2023
Last sale
$870,000
1 recorded transaction
Zoning & alternative use
BPO · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of this zone to provide business or professional offices or studios, banks or similar financial institutions, including savings and loan associations and finance companies
Zone name
Professional Office B
General category
COMMERCIAL
Zone area
20.99 ac
Source
Realmo
Top alternative use upside
Office building
$970,000
+17.7%
Medical building
$935,000
+13.4%
Restaurant
$835,000
+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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
$945,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,235,000
7%
$1,145,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$825,000
Current use
OFFICE BUILDING
$970,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$935,000
Change: +13% · Conversion: Moderate
RESTAURANT
$835,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$665,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $870k (Jun 27 2023)
Last sale anchor
$870k
Jun 27 2023
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
$150 / 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
$10,219
Tax year 2023
Assessed value
$242,960
Assessed 2024
Previous assessed
$242,960
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$55,260
Assessed improvement
$187,700
Land market value
$55,260
Improvement market value
$187,700
Total market value
$242,960
Applied tax rate
11.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
NONE
Stories
2
Units
5
Rooms
16
Bathrooms
4
Total area
5,940 SF
Lot
0.21 ac (9,325 SF)
Zoning code
BPO
APN
11-00-00644-00-2
UPID
US73-2649881
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BPO · Lansdale, PAZoning BPO · permitted uses
BPO · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the intent of this zone to provide business or professional offices or studios, banks or similar financial institutions, including savings and loan associations and finance companies
Zone name
Professional Office B
General category
COMMERCIAL
Zone area
20.99 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$825,000
OFFICE BUILDING
Est. value
$970,000
MEDICAL BUILDING
Est. value
$935,000
RESTAURANT
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
INDUSTRIAL (GENERAL)
Est. value
$665,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (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
1985
Heating
NONE
Cooling
Yes
Stories
2
Units
5
Rooms
16
Bathrooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
Anthony Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
70 SOUDERTON HATFIELD PIKE STE #200, SOUDERTON, PA 18964-1909
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
$870,000
Anthony Investments LLC
Nancy L Malack
Deed
—
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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