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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Retail properties & Spaces
7875 Ml Rd Elkins Park, PA 19027
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-3048364
Property summary
AI-generated overview
This exceptional 10,032-square-foot warehouse property, situated on a generous 0.89-acre lot in Elkins Park, Pennsylvania, presents a compelling investment opportunity. Located at 7875 Mill Road, 19027, this industrial property boasts a desirable R3 – Residential District zoning designation within Cheltenham Township. The building features a finished office area, providing versatile space for administrative functions or potential conversion. Significant outdoor space is available for parking and material storage, enhancing operational efficiency. Access is convenient via one curb cut. The property offers substantial frontage, approximately 132 feet on Church Road and 200 feet on Mill Road. Estimated 2022 property taxes were $17,790. This well-positioned warehouse is ideal for a variety of uses, benefiting from its ample space, convenient location, and flexible zoning. The property's size and zoning make it a strong candidate for various business ventures or redevelopment projects. Serious inquiries are encouraged to explore the full potential of this exceptional offering. The property is located in Montgomery County, Pennsylvania.
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1955
Total area
10,032 SF
Lot
0.47 ac (20,520 SF)
Zoning code
R5
APN
31-00-19123-00-7
UPID
US73-3048364
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
-
Biello Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$640k
Owner & transaction history
Joseph Cancelliere · 5 yrs held
Joseph Cancelliere
since 2020
Last sale
$675,000
3 recorded transactions
Zoning & alternative use
R5 · Elkins Park, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Elkins Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkins Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $675k (Dec 2 2025)
Last sale anchor
$675k
Dec 2 2025
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
$64 / 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
$15,971
Tax year 2023
Assessed value
$239,140
Assessed 2024
Previous assessed
$239,140
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$83,510
Assessed improvement
$155,630
Land market value
$83,510
Improvement market value
$155,630
Total market value
$239,140
Applied tax rate
31.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1955
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
10,032 SF
Lot
0.47 ac (20,520 SF)
Zoning code
R5
APN
31-00-19123-00-7
UPID
US73-3048364
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R5 · Elkins Park, PA
Zoning R5 · permitted uses
R5 · Elkins Park, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkins Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Joseph Cancelliere
Individual
Mailing address
7875 ML RD, ELKINS PARK, PA 19027
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
—
Joseph Cancelliere
Joseph Cancelliere
Quit Claim Deed
related
—
Jul 1, 2014
$273,000
Joseph Cancelliere
Tony Biello & Sons INC
Grant Deed
$223,000 · Tony Biello & Sons INC
—
—
Tony Biello & Sons INC
—
Deed Of Trust
related
$50,000 · Prime 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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