Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    651 Cannon Ave Lansdale, PA 19446-1817
    Property profile & analytics

    651 Cannon Ave, Lansdale, PA 19446-1817

    View on Map
    • Warehouses
    • 2,680 SF
    • 0.22 lot acres
    Off-Market
    Property ID
    US73-5834081
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 651 Cannon Ave

    Year built
    1963
    Lot size
    0.22 lot acres
    Zone code
    I
    Property type
    Warehouses
    APN
    11-00-01252-00-6
    APU
    110001252006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 9, 2015 $260,000 Carol B Kreitchet Rnmj LLC Grant Deed —
    Apr 13, 2007 $257,500 Rnmj LLC K Group Grant Deed —
    Feb 10, 2005 $165,000 K Group Signore,daniel J & Michele Grant Deed —
    — — Rnmj LLC — Loan Modification · related $188k · Univest Bank & Trust Co
    — — Rnmj LLC — Deed Of Trust · related $214k · Univest National Bank & Tr Co
    — — Rnmj LLC — Loan Modification · related $179k · Univest Bk & Tr Co
    — — Rnmj LLC — Loan Modification · related $191k · Univest Bank & Trust Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lansdale
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2856
    Latitude
    40.2509
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,515
    $75,240
    $32,100
    $107,340
    -
    $75,240
    $32,100
    $107,340

    Comparable in this City

    • Value Estimation
      $5,645,000
      187,821 SF

      1290 Broad St, Unit 1330

      WAREHOUSE, STORAGE
      1290 Broad St, Lansdale, PA 19446-1106
      View Details
    • Value Estimation
      $1,000,000
      14,528 SF

      901 6th St

      WAREHOUSE, STORAGE
      901 6th St, Lansdale, PA 19446-2246
      View Details
    • Value Estimation by Request
      767,474 SF

      1000 Cannon Ave

      WAREHOUSE, STORAGE
      1000 Cannon Ave, Lansdale, PA 19446-1854
      View Details
    • Value Estimation by Request
      2,337 SF

      719 3rd St

      WAREHOUSE, STORAGE
      719 3rd St, Lansdale, PA 19446-2110
      View Details
    • Value Estimation by Request
      0.45 Acres

      418 Broad St

      BULK STORAGE, TANKS
      418 Broad St, Lansdale, PA 19446
      View Details
    • Value Estimation by Request
      266,279 SF

      1180 Church Rd, Unit 1

      WAREHOUSE, STORAGE
      1180 Church Rd, Upper Gwynedd, PA 19446-3976
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,644 SF

      Lansdale Warehouse Space Available

      21,644 SF warehouse space for lease in Lansdale, PA.
      200 W 8Th St, Lansdale, PA 19446
      View Details
    • $1,359,000

      Mixed-Use Property in Downtown Lansdale

      Mixed-use property with office, retail, warehouse, and residential potential.
      33 W 2Nd St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      28,665 SF

      Lansdale Warehouse For Sale

      28,665 SF warehouse available in Lansdale, Pennsylvania.
      821 W 5Th St, Lansdale, PA 19446
      View Details
    • $1,600,000

      Industrial/Flex Building with Parking

      7,000 SF industrial/flex building with parking available for sale.
      633 Jones Ave, Lansdale, PA 19446
      View Details
    • Contact for pricing
      7,000 SF

      Flex Warehouse Near Merck Campus

      Flex/warehouse space with office, bathroom, and climate-controlled storage.
      633 Jones Ave, Lansdale, PA 19446
      View Details
    • $1,500,000
      Pending

      Lansdale Mixed-Use Industrial Building

      Mixed-use industrial building in Lansdale with multiple units and tenants.
      100 Penn St, Lansdale, PA 19446
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      90,585 SF

      Lansdale Flex Space Available 2025

      High-quality flex, warehouse, manufacturing, and office space available April 2025.
      2750 Morris Rd, Lansdale, PA 19446
      View Details
    • Contact for pricing
      28,000 SF

      Versatile Commercial Space on Broad

      28,000 SF warehouse, office, and showroom space for lease.
      1290 N Broad St, Lansdale, PA 19446
      View Details
    • Contact for pricing
      28,000 SF

      Versatile Commercial Space on Broad Street

      28,000 SF warehouse, office, and showroom space for lease.
      1330 N Broad St, Lansdale, PA 19446
      View Details
    • Sponsored
      Contact for pricing

      PA, Lansdale - Sumneytown Pike

      Discover many ways to work your way in PA, Lansdale - Sumneytown Pike
      1690 Sumneytown Pike Lansdale, Lansdale, PA 19446
      View Details
    • Contact for pricing
      42,588 SF

      Lansdale Flex/Industrial Space Available

      9,756 SF flex/industrial space for lease in Lansdale, PA.
      1180 Church Rd, Lansdale, PA 19446
      View Details
    • Contact for pricing
      36,794 SF

      Lansdale Office/Industrial Space for Lease

      Single-story office/industrial space with heavy power and rail access.
      1000 N Cannon Ave, Lansdale, PA 19446
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    651 Cannon Ave
    Lansdale, PA 19446-1817
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    651 Cannon Ave, Lansdale, PA, 19446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!