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Property profile & analytics
OFF-MARKET
Estimated value
$11,330,000
Medical Office Space
609 Germantown Pike East Norriton, PA 19403-4243
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-3497673
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Total area
73,692 SF
Lot
1.2 ac (52,389 SF)
Zoning code
IN
APN
33-00-03187-01-1
UPID
US73-3497673
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
-
Jefferson Moss-Magee Rehabilitation - Einstein Montgomery Rehabilitation Center
-
Dr. Robert F. Schiowitz Physician
-
Brett A. Sweitzer, MD Physician
-
Mark S. Morginstin, DO Physician
-
Anagha Desai, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.75M
Blend (final)
Blend
$11.33M
Owner & transaction history
Einstein Medical Center Montgmery · 1 yrs held
Einstein Medical Center Montgmery
since 2024
4 recorded transactions
Zoning & alternative use
IN · East Norriton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.8M
+10.5%
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 East Norriton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Norriton 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
MEDICAL BUILDING
$11,615,000
Current use
OFFICE BUILDING
$12,835,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$10,630,000
Change: -8% · Conversion: Moderate
RESTAURANT
$10,345,000
Change: -11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,605,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$11.33M
Range $10.20M – $12.46M · ±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
$154 / 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
$365,507
Tax year 2023
Assessed value
$7,758,750
Assessed 2024
Previous assessed
$7,758,750
+0.0% YoY
Effective rate
4.71%
On assessed value
Total market value
$7,758,750
Applied tax rate
33.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2012
Heating
FORCED AIR
Cooling
CENTRAL
Total area
73,692 SF
Lot
1.2 ac (52,389 SF)
Zoning code
IN
APN
33-00-03187-01-1
UPID
US73-3497673
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IN · East Norriton, PA
Zoning IN · permitted uses
IN · East Norriton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Norriton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$11.6M
OFFICE BUILDING
Est. value
$12.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.6M
RESTAURANT
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
MEDICAL BUILDING Current
OFFICE 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
2012
Heating
FORCED AIR
Cooling
Yes
Lot
1.2 ac
Current owner
From public records · entity-resolved
Einstein Medical Center Montgmery
Individual
Free & Clear · 1 yrs held
Mailing address
5404 WISCONSIN AVE STE #1150, CHEVY CHASE, MD 20815-3596
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
Einstein Owner LLC
—
Deed
related
$275,670,000 · Webster Bank NA
Nov 4, 2024
—
Einstein Medical Center Montgmery
Einstein Medical Center Montgomery
Deed
related
—
Jan 8, 2020
—
Einstein Owner LLC
—
Deed
related
$77,000,000 · Capital One NA
—
—
Einstein Owner LLC
—
Deed Of Trust
related
$77,000,000 · Capital One 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.
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