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Property profile & analytics
FOR LEASE
Office Spaces
804 Bethlehem Pike North Wales, PA 19454
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-0362526
For Lease
1 / 2
$2,135,000
804 Bethlehem Pike, North Wales, PA 19454
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2010
Total area
5,627 SF
Lot
1.36 ac (59,446 SF)
Zoning code
RS
APN
46-00-00340-31-6
UPID
US73-0362526
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
-
Montgomery Mall Food Court Restaurant
-
Mall Stars Film Production Television Studio
-
Michael J Oreth Inc Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.14M
Owner & transaction history
Kasada LLC · 2 yrs held
Kasada LLC
since 2023
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
RS · North Wales, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+80.6%
Retail stores
$1.5M
+64.6%
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 North Wales submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Wales 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
$2,810,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,575,000
6.5%
$1,450,000
7%
$1,350,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,665,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,515,000
Change: +65% · Conversion: Moderate
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.83M (Dec 15 2023)
Last sale anchor
$2.83M
Dec 15 2023
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
$379 / 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
$32,746
Tax year 2023
Assessed value
$877,810
Assessed 2024
Previous assessed
$877,810
+0.0% YoY
Effective rate
3.73%
On assessed value
Total market value
$877,810
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
For Lease
Year built
2010
Heating
FORCED AIR
Cooling
CENTRAL
Total area
5,627 SF
Lot
1.36 ac (59,446 SF)
Zoning code
RS
APN
46-00-00340-31-6
UPID
US73-0362526
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RS · North Wales, PA
Zoning RS · permitted uses
RS · North Wales, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Wales. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
RETAIL STORES
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
2010
Heating
FORCED AIR
Cooling
Yes
Lot
1.36 ac
Current owner
From public records · entity-resolved
Kasada LLC
Entity
Free & Clear · 2 yrs held
Mailing address
910 S ACADIAN THRUWAY, BATON ROUGE, LA 70806-6919
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2025
—
Kasada LLC
—
Deed
related
—
Aug 14, 2025
—
Transform Operating Stores LLC
—
Deed
related
—
Dec 15, 2023
$2,825,000
Kasada LLC
Montgomery Mall Realty Holding LLC
Deed
—
Feb 1, 2023
—
Montgomery Mall Realty Holding LLC
—
Deed
related
$20,000,000 · Standard Insurance Co
Nov 15, 2022
—
Exchange Right Net Leases Portfolio
—
Deed
related
$28,504,218 · Old National Bank
Aug 3, 2022
—
Exchangeright Net Leased Portfolio
Montgomery Mall Realty Holding LLC
Deed
—
Aug 3, 2022
$22,600,000
Exchangeright Net Leased Portfolio
Montgomery Mall Realty Holding LLC
Deed
—
Feb 16, 2022
$55,000,000
Montgomery Mall Realty Holding LLC
Gregory T Maloney
Deed
$36,000,000 · Gadelander Str 77 Projekt Gmbh
Aug 2, 2018
—
Cbh Properties Horsham LLC
—
Deed
related
$570,000 · Cbh Props Invs LLC
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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