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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Investment properties
538 Main St Lansdale, PA 19446-2859
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0320203
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Total area
3,275 SF
Lot
0.22 ac (9,700 SF)
Zoning code
RA
APN
11-00-10304-00-8
UPID
US73-0320203
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
$290k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$290k
Owner & transaction history
J Boyd Mcilvaine JR · 5 yrs held
J Boyd Mcilvaine JR
since 2021
4 recorded transactions
Zoning & alternative use
RA · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of this zone to provide well-designed residential land uses and uses accessory to the same to maintain and enhance the residential environment of neighborhoods, promoting uniformity of sizes and densities
Zone name
Residential A
General category
RESIDENTIAL
Zone area
929.45 ac
Source
Realmo
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
by Request
ML approach
$290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$89 / 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
$7,301
Tax year 2023
Assessed value
$173,580
Assessed 2024
Previous assessed
$173,580
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$45,860
Assessed improvement
$127,720
Land market value
$45,860
Improvement market value
$127,720
Total market value
$173,580
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1929
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Rooms
12
Bathrooms
2
Total area
3,275 SF
Lot
0.22 ac (9,700 SF)
Zoning code
RA
APN
11-00-10304-00-8
UPID
US73-0320203
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RA · Lansdale, PAZoning RA · permitted uses
RA · 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 well-designed residential land uses and uses accessory to the same to maintain and enhance the residential environment of neighborhoods, promoting uniformity of sizes and densities
Zone name
Residential A
General category
RESIDENTIAL
Zone area
929.45 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1929
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
J Boyd Mcilvaine JR
Individual
Mailing address
538 E MAIN ST, LANSDALE, PA 19446-2859
Mailing matches property
Yes
Owner-occupied
Yes
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 30, 2021
—
J Boyd Mcilvaine JR
Carolyn Marie Gregor
Deed
$172,000 · Univest Bank & Trust Co
Sep 9, 2009
—
Mcilvaine J Boyd JR.
Mcilvaine Kathleen F
Quit Claim Deed
related
—
Jul 16, 2001
$265,000
Mcilvaine J B
Bonenberger,william J & Janet L
Grant Deed
$160,000 · Pennview Savings Bank
Sep 30, 1998
—
Commonwealth Of Pa
Bonenberger,william J & Janet L
Grant Deed
related
—
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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