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Property profile & analytics
OFF-MARKET
Estimated value
$11,785,000
Warehouses
550 Henderson Rd King Of Prussia, PA 19406-3515
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0300459
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
81,553 SF
Lot
3.37 ac (146,797 SF)
Zoning code
SMI
APN
58-00-10043-00-6
UPID
US73-0300459
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
-
Lyon Conklin & Co. Distribution Center Logistics Company
-
Ferguson HVAC Supply Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.79M
CAP Approach
CAP
$12.84M
Comparable Approach
Comparable
$10.37M
Blend (final)
Blend
$11.79M
Owner & transaction history
Alliance Henderson Road LLC · 2 yrs held
Alliance Henderson Road LLC
since 2024
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
SMI · King Of Prussia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.5M
+21.8%
Medical building
$12.9M
+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 King Of Prussia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King Of Prussia 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
$11,785,000
ML approach
$11,785,000
CAP Approach
CAP Return
Estimation
6%
$13,905,000
6.5%
$12,835,000
7%
$11,915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$12,735,000
Current use
OFFICE BUILDING
$15,515,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$12,855,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,765,000
Change: -8% · Conversion: Difficult
RESTAURANT
$11,445,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,630,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$11.79M
Range $10.61M – $12.96M · ±10% · vs last sale $11.79M (Feb 1 2024)
Last sale anchor
$11.79M
Feb 1 2024
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
$145 / 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
$73,963
Tax year 2023
Assessed value
$2,400,000
Assessed 2024
Previous assessed
$2,400,000
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$459,810
Assessed improvement
$1,940,190
Land market value
$459,810
Improvement market value
$1,940,190
Total market value
$2,400,000
Applied tax rate
58.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
81,553 SF
Lot
3.37 ac (146,797 SF)
Zoning code
SMI
APN
58-00-10043-00-6
UPID
US73-0300459
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SMI · King Of Prussia, PA
Zoning SMI · permitted uses
SMI · King Of Prussia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King Of Prussia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$12.7M
OFFICE BUILDING
Est. value
$15.5M
MEDICAL BUILDING
Est. value
$12.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.8M
RESTAURANT
Est. value
$11.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1965
Heating
HEAT PUMP
Cooling
Yes
Lot
3.37 ac
Current owner
From public records · entity-resolved
Alliance Henderson Road LLC
Entity
Mailing address
40 MORRIS AVE STE #230, BRYN MAWR, PA 19010-3300
Ownership since
2024
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
Aug 21, 2024
—
Alliance Henderson Road LLC
—
Deed
related
$1,550,000 · Cre II Lender Sub I LLC
Feb 1, 2024
$11,785,000
Alliance Henderson Road LLC
King Of Prussia Csc LP
Special Warranty Deed
$5,750,000 · King Of Prussia Csc LP
Jan 13, 2017
—
King Of Prussia Csc LP
—
Deed
related
$1,000,000 · Beneficial Bk
Oct 8, 2013
—
King Of Prussia Csc LP
King Of Prussia Csc LP
Quit Claim Deed
related
$2,990,000 · Conestoga Bank
Feb 28, 2001
$2,700,000
King Of Prussia Csc LP
Lazarus Family Real Estatae Co
Grant Deed
—
—
—
King Of Prussia Csc LP
—
Deed Of Trust
related
$2,400,000 · Wells Fargo Bank
—
—
King Of Prussia Csc LP
—
Deed Of Trust
related
$1,000,000 · Beneficial Bk
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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