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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Office Spaces
7 Park Ave 1 Eagleville, PA 19403-1316
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0595922
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Total area
11,160 SF
Lot
0.23 ac (10,020 SF)
Zoning code
GC
APN
43-00-11899-00-1
UPID
US73-0595922
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
-
Mia Puschak - Trooper Veterinary Hospital Veterinary Clinic
-
Trooper Veterinary Hospital Veterinary Clinic
-
Geraldine D'Souza - Trooper Veterinary Hospital Veterinary Clinic
-
Jeffrey Luetke - Trooper Veterinary Hospital Veterinary Clinic
-
Trooper Veterinary Hospital: Herman Michael J DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
$2.88M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.12M
Owner & transaction history
Terravet Norristown LLC · 3 yrs held
Terravet Norristown LLC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
GC · Eagleville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.3M
+69.7%
Retail stores
$3.0M
+54.6%
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 Eagleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagleville 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
$2,240,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
$3,120,000
6.5%
$2,880,000
7%
$2,675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,945,000
Current use
AUTO REPAIR, GARAGE
$3,300,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$3,005,000
Change: +55% · Conversion: Moderate
MEDICAL BUILDING
$1,760,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,610,000
Change: -17% · Conversion: Easy
RESTAURANT
$1,565,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $1.83M (Aug 24 2022)
Last sale anchor
$1.83M
Aug 24 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
$190 / 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
$37,696
Tax year 2023
Assessed value
$924,260
Assessed 2024
Previous assessed
$924,260
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$104,600
Assessed improvement
$819,660
Land market value
$104,600
Improvement market value
$819,660
Total market value
$924,260
Applied tax rate
43.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
11,160 SF
Lot
0.23 ac (10,020 SF)
Zoning code
GC
APN
43-00-11899-00-1
UPID
US73-0595922
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GC · Eagleville, PAZoning GC · permitted uses
GC · Eagleville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$3.3M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Terravet Norristown LLC
Entity
Mailing address
33 ROCK HL RD STE #320, BALA CYNWYD, PA 19004-2056
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
$1,825,000
Terravet Norristown LLC
North Park Partners LLC
Deed
—
Jun 22, 2005
$241,842
Park Avenue Assocs T Pineville
Pineville Park Avenue Assocs L
Grant Deed
$5,200,000 · Lasalle National Bank
Jun 15, 2005
$1,925
North Park Partners LLC
Pineville Park Avenue Assocs L
Grant Deed
—
Nov 19, 2003
—
Harleysville Nat Bk & T Co
Trooper Vet Hosp I
Grant Deed
related
—
Nov 10, 2003
—
Harleysville Nat Bk & T Co
Trooper Vet Hosp I
Grant Deed
related
—
Jun 4, 2002
$525,000
Pineville Park Ave Assoc LP
Cumberland Farms INC
Grant Deed
—
—
—
Pineville Park Avessocs INC
—
Deed Of Trust
related
$4,650,000 · Wachovia Bank 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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