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Property profile & analytics
OFF-MARKET
Estimated value
$3,985,000
Office buildings
860 Penllyn Blue Bell Pike, Blue Bell, PA 19422-1676
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0131924
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
37,776 SF
Lot
2.15 ac (93,654 SF)
Zoning code
C
APN
66-00-05341-00-2
UPID
US73-0131924
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
-
Kevin Weingarten -Realtor Real Estate Agency
-
Long & Foster Real Estate - Janice McGinn Real Estate Agency
-
Long & Foster Blue Bell, PA - Realty Real Estate Agency
-
Sage Premier Settlements Title Company
-
duagon USA, Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$3.99M
Owner & transaction history
Pennback Holdings LP · 13 yrs held
Pennback Holdings LP
since 2013
7 recorded transactions
Zoning & alternative use
C · Blue Bell, 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 Blue Bell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Bell 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,180,000
Current use
MEDICAL BUILDING
$5,955,000
Change: -4% · Conversion: Easy
RESTAURANT
$5,300,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,250,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$3.99M
Range $3.59M – $4.38M · ±10%
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
$105 / 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
$72,163
Tax year 2023
Assessed value
$2,285,930
Assessed 2024
Previous assessed
$2,285,930
+0.0% YoY
Effective rate
3.16%
On assessed value
Total market value
$2,285,930
Applied tax rate
66.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
7
Bathrooms
3
Total area
37,776 SF
Lot
2.15 ac (93,654 SF)
Zoning code
C
APN
66-00-05341-00-2
UPID
US73-0131924
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Blue Bell, PA
Zoning C · permitted uses
C · Blue Bell, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blue Bell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.0M
RESTAURANT
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
OFFICE BUILDING Current
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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
3
Lot
2.15 ac
Current owner
From public records · entity-resolved
Pennback Holdings LP
Entity
Mailing address
636 OLD YORK RD STE, JENKINTOWN, PA 19046-2858
Ownership since
2013
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
Nov 12, 2019
—
Pennback Holdings LP
—
Deed
related
$2,590,709 · Manufacturers & Traders Tr
Jan 16, 2013
—
Pennback Holdings LP
Blue Bell Centre LP
Grant Deed
—
Apr 7, 2006
—
Blue Bell Centre
—
Deed Of Trust
related
$4,283,785 · Beneficial Savings Bank
Sep 19, 2005
—
Blue Bell Centre
—
Grant Deed
related
$4,283,785 · Beneficial Savings Bank
Dec 30, 2004
$419,326
Blue Bell Centre
Lamprecht,john H
Grant Deed
—
Nov 24, 2003
—
John H Lamprecht
Lamprecht,john H
Quit Claim Deed
related
—
—
—
Pennback Holdings LP
—
Loan Modification
related
$2,590,709 · Manufacturers & Traders Tr
—
—
Blue Bell Centre
—
Deed Of Trust
related
$695,000 · Beneficial Mutual Savings
—
—
Blue Bell Center
—
Deed Of Trust
related
$250,000 · Beneficial Mutual Savings
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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