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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail properties & Spaces
551 Gravel Pike, Collegeville, PA 19426-1832
Individually Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0288284
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1980
Total area
5,786 SF
Lot
0.9 ac (39,225 SF)
Zoning code
CR
APN
48-00-01177-00-8
UPID
US73-0288284
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
-
Mari-Al Auto Body Auto Repair Shop
-
Norm's Save Station Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$635k
Owner & transaction history
Norman S Hansell · 26 yrs held
Norman S Hansell
since 1999
2 recorded transactions
Zoning & alternative use
CR · Collegeville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+34.5%
Medical building
$910,000
+29.6%
Restaurant
$810,000
+15.4%
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 Collegeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collegeville 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
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$705,000
Current use
OFFICE BUILDING
$945,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$910,000
Change: +30% · Conversion: Difficult
RESTAURANT
$810,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$805,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$110 / 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
$15,022
Tax year 2023
Assessed value
$356,150
Assessed 2024
Previous assessed
$356,150
+0.0% YoY
Effective rate
4.22%
On assessed value
Assessed land
$119,720
Assessed improvement
$236,430
Land market value
$119,720
Improvement market value
$236,430
Total market value
$356,150
Applied tax rate
48.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1980
Heating
HOT WATER
Cooling
NONE
Stories
1
Rooms
2
Total area
5,786 SF
Lot
0.9 ac (39,225 SF)
Zoning code
CR
APN
48-00-01177-00-8
UPID
US73-0288284
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CR · Collegeville, PA
Zoning CR · permitted uses
CR · Collegeville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collegeville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$705,000
OFFICE BUILDING
Est. value
$945,000
MEDICAL BUILDING
Est. value
$910,000
RESTAURANT
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$805,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
OFFICE BUILDING
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
1980
Heating
HOT WATER
Cooling
Yes
Stories
1
Rooms
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Norman S Hansell
Individual
Mailing address
456 FRUIT FARM RD, ROYERSFORD, PA 19468-3202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 1999
$290,000
Norman S Hansell
Manning,warren R
Grant Deed
$290,000 · Seller
Dec 11, 1998
—
Commonwealth Of Pa
Manning,alfred E & Warren R
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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