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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Banks
599 Skippack Pike Blue Bell, PA 19422-2164
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-5965815
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2006
Total area
3,338 SF
Lot
0.8 ac (34,682 SF)
Zoning code
C
APN
66-00-06532-00-8
UPID
US73-5965815
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
-
Citizens Bank Loan Service
-
Louis DeVicaris Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Skippack Land Partners · 20 yrs held
Skippack Land Partners
since 2005
7 recorded transactions
Zoning & alternative use
C · Blue Bell, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$327 / 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
$22,316
Tax year 2023
Assessed value
$706,920
Assessed 2024
Previous assessed
$706,920
+0.0% YoY
Effective rate
3.16%
On assessed value
Total market value
$706,920
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
3,338 SF
Lot
0.8 ac (34,682 SF)
Zoning code
C
APN
66-00-06532-00-8
UPID
US73-5965815
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Blue Bell, PA
Zoning 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
Blue Bell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Skippack Land Partners
Entity
Mailing address
6216 SHEAFF LN, FORT WASHINGTON, PA 19034-1819
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2005
$1,600,000
Skippack Land Partners
Corvest Skippack
Grant Deed
$1,700,000 · Sovereign Bank
Jan 16, 2004
$500,000
Republic First Bk
Wagner,thomas F
Grant Deed
related
—
Jan 7, 2004
—
Republic First Bk
Wagner,thomas F
Grant Deed
related
$300,000 · Republic First Bank
—
—
Skippack Land Partners LP
—
Deed Of Trust
related
$360,563 · Dnb First NA
—
—
Progress Bk
—
Deed Of Trust
related
—
—
—
Thomsa F Wagner
—
Deed Of Trust
related
$240,000 · Gulf Oil LP
—
—
Skippack Land Partners LP
—
Deed Of Trust
related
$1,720,000 · Dnb First NA
—
—
Skippack Land Partners LP
—
Deed Of Trust
related
$250,000 · Dnb First NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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