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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Warehouses
723 Elm St Conshohocken, PA 19428-2301
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1661015
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
6,060 SF
Lot
0.18 ac (7,890 SF)
Zoning code
HVY
APN
65-00-03250-00-6
UPID
US73-1661015
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
-
Super Pups Daycare Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Connaughtown Partners · 5 yrs held
Connaughtown Partners
since 2020
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
HVY · Conshohocken, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$990,000
+78.5%
Commercial (general)
$970,000
+74.4%
Medical building
$955,000
+71.9%
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
$1,020,000
ML approach
$990,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$990,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$970,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$955,000
Change: +72% · Conversion: Difficult
RESTAURANT
$850,000
Change: +53% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$840,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $900k (Nov 3 2020)
Last sale anchor
$900k
Nov 3 2020
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
$158 / 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
$5,286
Tax year 2023
Assessed value
$162,340
Assessed 2024
Previous assessed
$162,340
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$83,120
Assessed improvement
$79,220
Land market value
$83,120
Improvement market value
$79,220
Total market value
$162,340
Applied tax rate
65.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
OTHER
Cooling
NONE
Total area
6,060 SF
Lot
0.18 ac (7,890 SF)
Zoning code
HVY
APN
65-00-03250-00-6
UPID
US73-1661015
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HVY · Conshohocken, PA
Zoning HVY · permitted uses
HVY · 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
OFFICE BUILDING
Est. value
$990,000
COMMERCIAL (GENERAL)
Est. value
$970,000
MEDICAL BUILDING
Est. value
$955,000
RESTAURANT
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$840,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1960
Heating
OTHER
Cooling
Yes
Lot
0.18 ac
Current owner
From public records · entity-resolved
Connaughtown Partners
Entity
Mailing address
1612 GYPSY HL RD, LOWER GWYNEDD, PA 19002-1900
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
—
Connaughtown Partners LLC
—
Deed
related
$1,376,000 · Harleysville Bank
Nov 3, 2020
$900,000
Connaughtown Partners
Thomas Sovin
Grant Deed
$1,046,000 · Harleysville Bk
Dec 7, 2009
—
Thomas J Sovin
Sovin,thomas J & Donna M
Quit Claim Deed
related
—
—
—
Thomas J Sovin
—
Deed Of Trust
related
$500,000 · Suburban Community Bank
—
—
Thomas Sovin
—
Deed Of Trust
related
$144,970 · Corestates Bank
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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