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Property profile & analytics
FOR SALE
Individual retail properties
611 S Broad St Lansdale, PA 19446
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5806558
For Sale
1 / 15
$2,200,000
611 S Broad St, Lansdale, PA 19446
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1962
Total area
30,778 SF
Lot
1.91 ac (83,200 SF)
Zoning code
B
APN
11-00-00868-00-3
UPID
US73-5806558
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
-
Krux Fitness Gym & Fitness Center
-
Nando Addari Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Skd Lansdale Realty LLC · 3 yrs held
Skd Lansdale Realty LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
B · Lansdale, 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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
$2,225,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,970,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,815,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,575,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,550,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,340,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.05M (Jun 22 2023)
Last sale anchor
$2.05M
Jun 22 2023
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
$67 / 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
$52,027
Tax year 2023
Assessed value
$1,236,870
Assessed 2024
Previous assessed
$1,236,870
+0.0% YoY
Effective rate
4.21%
On assessed value
Total market value
$1,236,870
Applied tax rate
11.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
For Sale
Year built
1962
Heating
FORCED AIR
Cooling
CENTRAL
Total area
30,778 SF
Lot
1.91 ac (83,200 SF)
Zoning code
B
APN
11-00-00868-00-3
UPID
US73-5806558
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
B · Lansdale, PA
Zoning B · permitted uses
B · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.3M
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1962
Heating
FORCED AIR
Cooling
Yes
Lot
1.91 ac
Current owner
From public records · entity-resolved
Skd Lansdale Realty LLC
Entity
Mailing address
1002 DORSON WAY, AMBLER, PA 19002
Ownership since
2023
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
Jun 22, 2023
$2,050,000
Skd Lansdale Realty LLC
Lansdale Bar LP
Deed
$1,640,000 · American Bank
Aug 4, 2021
—
Lansdale Bar LP
—
Deed
related
$3,940,000 · M & T Bank
May 3, 2018
$10,190,000
Lansdale Bar LP
401-611 S Broad Street Hldgs L
Grant Deed
$11,047,500 · Manufacturers & Traders Tr
Jan 26, 2016
$1,624
401-611 South Broad Street Hol
Marshall Of Montgomery County|jgkm Associates LLC
Trustees Deed
related
—
Jul 13, 2005
—
Jgkm Associates LLC
Owner,record
Grant Deed
related
—
Mar 9, 2005
$1,200,000
Broad & Hancock Properties LLC
Strohlein,joan D
Grant Deed
related
$1,200,000 · Firstrust Bank
—
—
Jgkm Associates LLC
—
Deed Of Trust
related
$31,931,946 · Gs Mtg Secs Corp II #2007-gg10
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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