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Property profile & analytics
OFF-MARKET
Estimated value
$7,200,000
Warehouses
741 5th Ave King Of Prussia, PA 19406-1413
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0607759
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
60,662 SF
Lot
10.79 ac (470,012 SF)
Zoning code
SM
APN
58-00-19717-50-2
UPID
US73-0607759
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
-
FedEx Ship Center Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.34M
CAP Approach
CAP
$9.55M
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$7.20M
Owner & transaction history
741 5th Avenue Fee Owner LLC · 5 yrs held
741 5th Avenue Fee Owner LLC
since 2021
Last sale
$6.3M
6 recorded transactions
Zoning & alternative use
SM · King Of Prussia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.5M
+21.8%
Medical building
$9.6M
+1.0%
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 King Of Prussia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King Of Prussia 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
$8,120,000
ML approach
$8,335,000
CAP Approach
CAP Return
Estimation
6%
$10,340,000
6.5%
$9,545,000
7%
$8,865,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,470,000
Current use
OFFICE BUILDING
$11,540,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$9,560,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,750,000
Change: -8% · Conversion: Difficult
RESTAURANT
$8,515,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,905,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$7.20M
Range $6.48M – $7.92M · ±10% · vs last sale $6.29M (Apr 21 2021)
Last sale anchor
$6.29M
Apr 21 2021
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
$119 / 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
$85,828
Tax year 2023
Assessed value
$2,784,990
Assessed 2024
Previous assessed
$2,784,990
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$1,067,240
Assessed improvement
$1,717,750
Land market value
$1,067,240
Improvement market value
$1,717,750
Total market value
$2,784,990
Applied tax rate
58.0000
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
1974
Heating
FORCED AIR
Cooling
CENTRAL
Total area
60,662 SF
Lot
10.79 ac (470,012 SF)
Zoning code
SM
APN
58-00-19717-50-2
UPID
US73-0607759
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
SM · King Of Prussia, PA
Zoning SM · permitted uses
SM · King Of Prussia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King Of Prussia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.5M
OFFICE BUILDING
Est. value
$11.5M
MEDICAL BUILDING
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.8M
RESTAURANT
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1974
Heating
FORCED AIR
Cooling
Yes
Lot
10.79 ac
Current owner
From public records · entity-resolved
741 5th Avenue Fee Owner LLC
Entity
Mailing address
205 NEWBURY ST STE, BOSTON, MA 02116-2579
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
—
741 5th Avenue Fee Owner LLC
—
Deed
related
$12,792,500 · Boston Private Bank & Trust Co
Apr 21, 2021
$6,292,488
741 5th Avenue Fee Owner LLC
Biv 741 5th Avenue LLC
Special Warranty Deed
—
Aug 13, 2019
$5,700,000
Biv-741 5th Avenue LLC
Fifth Avenue Kop LP
Grant Deed
—
Apr 21, 2010
—
Lefa International INC
Fifth Avenue Kop LP
Grant Deed
related
—
Mar 15, 2007
—
Fifth Avenue Kop
Fifth Avenue Kop
Quit Claim Deed
related
$7,250,000 · Minnesota Life Insurance Co
—
—
Fifth Avenue Kop LP
—
Loan Modification
related
$6,200,000 · Minnesota Life Insurance Co
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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