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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Bars & Pubs
641 Old Elm St, Conshohocken, PA 19428-1045
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0727059
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1894
Total area
5,776 SF
Lot
0.76 ac (33,062 SF)
Zoning code
OL
APN
49-00-02743-00-7
UPID
US73-0727059
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
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
641 Old Elm LLC · 2 yrs held
641 Old Elm LLC
since 2024
Last sale
$850,000
3 recorded transactions
Zoning & alternative use
OL · Conshohocken, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$945,000
+16.6%
Commercial (general)
$925,000
+13.9%
Medical building
$910,000
+12.3%
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 Conshohocken submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conshohocken 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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$810,000
Current use
OFFICE BUILDING
$945,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$925,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$910,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$805,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Feb 16 2024)
Last sale anchor
$850k
Feb 16 2024
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
$147 / 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
$3,812
Tax year 2023
Assessed value
$116,200
Assessed 2024
Previous assessed
$116,200
+0.0% YoY
Effective rate
3.28%
On assessed value
Assessed land
$84,280
Assessed improvement
$31,920
Land market value
$84,280
Improvement market value
$31,920
Total market value
$116,200
Applied tax rate
49.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1894
Heating
NONE
Cooling
NONE
Stories
3
Units
12
Rooms
16
Bathrooms
2
Total area
5,776 SF
Lot
0.76 ac (33,062 SF)
Zoning code
OL
APN
49-00-02743-00-7
UPID
US73-0727059
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
OL · Conshohocken, PA
Zoning OL · permitted uses
OL · Conshohocken, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conshohocken. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$810,000
OFFICE BUILDING
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$925,000
MEDICAL BUILDING
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$805,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
RESTAURANT Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1894
Heating
NONE
Cooling
Yes
Stories
3
Units
12
Rooms
16
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
641 Old Elm LLC
Entity
Mailing address
641 OLD ELM ST, CONSHOHOCKEN, PA 19428-1045
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2024
$850,000
641 Old Elm LLC
Joseph Robert Haines
Deed
$880,000 · Fulton Bank NA
Aug 8, 2017
—
Joseph R Haines
Haines,joseph R & Joseph W
Quit Claim Deed
related
—
May 20, 2010
—
Joseph W Haines
Haines,joseph R
Quit Claim Deed
related
—
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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