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Property profile & analytics
OFF-MARKET
Estimated value
$4,470,000
Warehouses
801 3rd Ave King Of Prussia, PA 19406-1411
Entity Owned
~
Est. High Equity
Property ID
US73-1879406
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
30,000 SF
Lot
3.07 ac (133,729 SF)
Zoning code
SM
APN
58-00-18937-00-4
UPID
US73-1879406
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
-
Interior Logic Group Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.85M
CAP Approach
CAP
$4.72M
Comparable Approach
Comparable
$4.23M
Blend (final)
Blend
$4.47M
Owner & transaction history
Ba Third Kop LLC
Ba Third Kop LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
SM · King Of Prussia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.7M
+21.8%
Medical building
$4.7M
+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
$5,770,000
ML approach
$5,850,000
CAP Approach
CAP Return
Estimation
6%
$5,115,000
6.5%
$4,720,000
7%
$4,385,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,685,000
Current use
OFFICE BUILDING
$5,705,000
Change: +22% · Conversion: Difficult
MEDICAL BUILDING
$4,730,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,330,000
Change: -8% · Conversion: Difficult
RESTAURANT
$4,210,000
Change: -10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,910,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$4.47M
Range $4.02M – $4.92M · ±10% · vs last sale $4.47M (Dec 15 2021)
Last sale anchor
$4.47M
Dec 15 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
$149 / 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
$30,163
Tax year 2023
Assessed value
$978,709
Assessed 2024
Previous assessed
$978,709
+0.0% YoY
Effective rate
3.08%
On assessed value
Assessed land
$494,110
Assessed improvement
$484,599
Land market value
$494,110
Improvement market value
$484,599
Total market value
$978,709
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
1965
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Total area
30,000 SF
Lot
3.07 ac (133,729 SF)
Zoning code
SM
APN
58-00-18937-00-4
UPID
US73-1879406
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
$4.7M
OFFICE BUILDING
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$4.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
RESTAURANT
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
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
1965
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
3.07 ac
Current owner
From public records · entity-resolved
Ba Third Kop LLC
Entity
Mailing address
40 MORRIS AVE STE #230, BRYN MAWR, PA 19010-3300
Ownership since
2025
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
Oct 31, 2025
$5,900,000
Ba Third Kop LLC
Alliance 3rd Avenue LLC
Special Warranty Deed
$128,200,000 · Bnp Paribas
Dec 15, 2021
—
Alliance 3rd Avenue LLC
Cynthia L Martin
Deed
—
Dec 15, 2021
$4,470,000
Alliance 3rd Avenue LLC
Cynthia L Martin
Deed
$40,066,000 · Cre Lender Sub III LLC
Nov 30, 2018
—
Cynthia L Martin
—
Deed
related
$750,000 · Republic Bk
May 6, 2016
—
Cynthia L Martin
Martin,cynthia L
Quit Claim Deed
related
—
May 30, 2013
—
Cynthia S Martin
Martin Norman H
Quit Claim Deed
related
—
—
—
Cynthia L Martin
—
Deed Of Trust
related
$750,000 · Republic Bk
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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