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Property profile & analytics
OFF-MARKET
Estimated value
$4,425,000
Office buildings
591 Skippack Pike Blue Bell, PA 19422-2160
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-1529967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
23,181 SF
Lot
3.81 ac (165,964 SF)
Zoning code
C
APN
66-00-06526-00-5
UPID
US73-1529967
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
-
Max L. Lieberman & Associates, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.84M
Blend (final)
Blend
$4.43M
Owner & transaction history
Blue Bell Office Court Ptrs · 14 yrs held
Blue Bell Office Court Ptrs
since 2012
7 recorded transactions
Zoning & alternative use
C · Blue Bell, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+80.6%
Retail stores
$6.2M
+64.6%
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 Blue Bell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Bell 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
OFFICE BUILDING
$3,795,000
Current use
AUTO REPAIR, GARAGE
$6,850,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$6,240,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$3,655,000
Change: -4% · Conversion: Easy
RESTAURANT
$3,255,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,220,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.43M
Range $3.98M – $4.87M · ±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
$191 / 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
$101,289
Tax year 2023
Assessed value
$3,208,600
Assessed 2024
Previous assessed
$3,208,600
+0.0% YoY
Effective rate
3.16%
On assessed value
Total market value
$3,208,600
Applied tax rate
66.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
11
Bathrooms
2
Total area
23,181 SF
Lot
3.81 ac (165,964 SF)
Zoning code
C
APN
66-00-06526-00-5
UPID
US73-1529967
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Blue Bell, PAZoning C · permitted uses
C · Blue Bell, 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
OFFICE BUILDING Current
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$6.9M
RETAIL STORES
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$3.7M
RESTAURANT
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1983
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
2
Lot
3.81 ac
Current owner
From public records · entity-resolved
Blue Bell Office Court Ptrs
Individual
Mailing address
589 SKIPPACK PIKE STE #400, BLUE BELL, PA 19422-2159
Ownership since
2012
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
Oct 31, 2018
—
Blue Bell Office Court Ptrs
—
Deed
related
$3,650,000 · Dnb First NA
Jun 28, 2018
—
Blue Bell Office Court Ptrs
—
Deed
related
$200,000 · Keybank USA
Jul 18, 2012
—
Blue Bell Office Court Ptrs
Montgomery Cnty Indl Dev Auth
Grant Deed
$3,400,000 · First Niagara Bank
—
—
Blue Bell Office Court Ptrs
—
Deed Of Trust
related
$3,650,000 · Dnb First NA
—
—
Blue Bell Office Ct Partners
—
Deed Of Trust
related
$100,000 · Harleysville Nat'l Bank & Trus
—
—
Blue Bell Office Court Ptrs
—
Loan Modification
related
$200,000 · Keybank USA
—
—
Montgomery Co Industrial Devel
—
Deed Of Trust
related
$700,000 · Harleysville Nat'l Bank & Trus
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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