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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Investment properties
6 Montgomery Ave Glenside, PA 19038
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0162324
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1940
Total area
3,804 SF
Lot
0.25 ac (10,925 SF)
Zoning code
B
APN
52-00-12007-00-1
UPID
US73-0162324
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
$510k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Welch Neighborhood Stabilization Ll · 3 yrs held
Welch Neighborhood Stabilization Ll
since 2022
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
B · Glenside, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$620,000
+61.2%
Medical building
$600,000
+55.3%
Neighborhood: shopping center
$495,000
+28.4%
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 Glenside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glenside 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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$385,000
Current use
OFFICE BUILDING
$620,000
Change: +61% · Conversion: Easy
MEDICAL BUILDING
$600,000
Change: +55% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$495,000
Change: +28% · Conversion: Difficult
WAREHOUSE, STORAGE
$350,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Nov 17 2022)
Last sale anchor
$500k
Nov 17 2022
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
$133 / 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
$5,775
Tax year 2023
Assessed value
$122,590
Assessed 2024
Previous assessed
$122,590
+0.0% YoY
Effective rate
4.71%
On assessed value
Assessed land
$63,610
Assessed improvement
$58,980
Land market value
$63,610
Improvement market value
$58,980
Total market value
$122,590
Applied tax rate
52.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1940
Heating
NONE
Cooling
NONE
Stories
2
Rooms
8
Bathrooms
1
Total area
3,804 SF
Lot
0.25 ac (10,925 SF)
Zoning code
B
APN
52-00-12007-00-1
UPID
US73-0162324
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
B · Glenside, PA
Zoning B · permitted uses
B · Glenside, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glenside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$385,000
OFFICE BUILDING
Est. value
$620,000
MEDICAL BUILDING
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$495,000
WAREHOUSE, STORAGE
Est. value
$350,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1940
Heating
NONE
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Welch Neighborhood Stabilization Ll
Individual
Mailing address
709 BETHLEHEM PIKE, ERDENHEIM, PA 19038-8116
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2023
—
Welch Neighborhood Stabilization Ll
—
Deed
related
$350,000 · S & T Bank
Nov 17, 2022
$500,000
Welch Neighborhood Stabilization Ll
Acorn Land Investments LLC
Special Warranty Deed
$1,000,000 · Wilmington Savings Fund Society Fsb
Sep 10, 2019
—
Acorn Lane Investments LLC
—
Deed
related
$300,000 · Firstrust Bk
Aug 22, 2006
$525,000
Acorn Lane Investments LLC
5 Montgomery Associates LLC
Grant Deed
$420,000 · Firstrust Bank
Nov 29, 2002
$351,000
Mongomery Associates LLC
Patete,a R & Linnea M
Grant Deed
$280,800 · Wachovia Bank NA
Aug 4, 1997
$150,000
A R Patete
Snyder,dudley E
Grant Deed
$120,000 · Individual
—
—
Patete A R
—
Deed Of Trust
related
$220,000 · Individual
—
—
Acorn Lane Investments LLC
—
Deed Of Trust
related
$300,000 · Firstrust Bk
—
—
Patete A R
—
Deed Of Trust
related
$39,800 · Us Small Business Admn
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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