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Property profile & analytics
OFF-MARKET
Estimated value
$6,260,000
Apartment buildings
54 Pkwy Dr 213 Pottstown, PA 19465-7587
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-2150068
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
54,144 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1
APN
1703 01260000
UPID
US73-2150068
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.18M
Blend (final)
Blend
$6.26M
Owner & transaction history
Robert W Fleming JR. · 20 yrs held
Robert W Fleming JR.
since 2006
7 recorded transactions
Zoning & alternative use
C1 · Pottstown, 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 Pottstown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pottstown 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)
$10,280,000
Current use
OFFICE BUILDING
$10,065,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$6.26M
Range $5.63M – $6.89M · ±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
$116 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$75,036
Tax year 2024
Assessed value
$1,771,610
Assessed 2024
Previous assessed
$1,771,610
+0.0% YoY
Effective rate
4.24%
On assessed value
Assessed land
$84,070
Assessed improvement
$1,687,540
Land market value
$84,070
Improvement market value
$1,700,670
Total market value
$1,784,740
Applied tax rate
17.0000
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
1962
Heating
HOT WATER
Cooling
WINDOW A/C
Buildings
69
Units
45
Total area
54,144 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1
APN
1703 01260000
UPID
US73-2150068
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Pottstown, PAZoning C1 · permitted uses
C1 · Pottstown, 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$10.3M
OFFICE BUILDING
Est. value
$10.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
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
1962
Heating
HOT WATER
Cooling
Yes
Buildings
69
Units
45
Lot
1.8 ac
Current owner
From public records · entity-resolved
Robert W Fleming JR.
Individual
Mailing address
629 MEADOWLARK RD, AUDUBON, PA 19403-1911
Ownership since
2006
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 19, 2006
—
Robert W Fleming JR.
Fleming,robert W & Marie H
Quit Claim Deed
related
—
—
—
Robert W Fleming JR.
—
Deed Of Trust
related
$2,645,000 · Sovereign Bank
—
—
Robert W Fleming JR
—
Deed Of Trust
related
$4,300,000 · Santander Bk NA
—
—
Robert W Fleming JR.
—
Deed Of Trust
related
$1,700,000 · National Penn Bank
—
—
Robert W Fleming
—
Deed Of Trust
related
$250,000 · National Penn Bank
—
—
Robert W Fleming JR.
—
Deed Of Trust
related
$650,000 · National Penn Bank
—
—
Robert W Fleming JR.
—
Deed Of Trust
related
$141,300 · North Coventry Water Authority
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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