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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Investment properties
864 Township Line Rd Elkins Park, PA 19027-2001
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5776297
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
6,002 SF
Lot
0.17 ac (7,319 SF)
Zoning code
AO
APN
30-00-67464-00-6
UPID
US73-5776297
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
-
PA General Store - Elkins Park Retail Outlet Department Store
-
Pennsylvania General Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$791k
Blend (final)
Blend
$720k
Owner & transaction history
Pgs Partners LLC · 6 yrs held
Pgs Partners LLC
since 2020
Last sale
$725,000
4 recorded transactions
Zoning & alternative use
AO · Elkins Park, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$980,000
+52.0%
Medical building
$945,000
+46.4%
Restaurant
$840,000
+30.4%
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
$695,000
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$645,000
Current use
OFFICE BUILDING
$980,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$945,000
Change: +46% · Conversion: Easy
RESTAURANT
$840,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$835,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$780,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $725k (Jan 7 2020)
Last sale anchor
$725k
Jan 7 2020
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
$120 / 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
$11,902
Tax year 2023
Assessed value
$257,010
Assessed 2024
Previous assessed
$257,010
+0.0% YoY
Effective rate
4.63%
On assessed value
Assessed land
$90,490
Assessed improvement
$166,520
Land market value
$90,490
Improvement market value
$166,520
Total market value
$257,010
Applied tax rate
30.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
NONE
Stories
2
Rooms
8
Bathrooms
2
Total area
6,002 SF
Lot
0.17 ac (7,319 SF)
Zoning code
AO
APN
30-00-67464-00-6
UPID
US73-5776297
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
AO · Elkins Park, PA
Zoning AO · permitted uses
AO · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$980,000
MEDICAL BUILDING
Est. value
$945,000
RESTAURANT
Est. value
$840,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$780,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1950
Heating
NONE
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Pgs Partners LLC
Entity
Mailing address
864 TOWNSHIP LINE RD #872, ELKINS PARK, PA 19027-2001
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2020
$725,000
Pgs Partners LLC
Townshipline Partners LP
Grant Deed
$580,000 · Univest Bk & Tr Co
Feb 17, 2004
$210,000
Davitt,joan K
Dominic Merenda
Grant Deed
—
Jan 24, 2002
$395,000
Townshipline Partners LP
Lehman,carl S & Lois W
Grant Deed
$395,000 · National Penn Bank
—
—
Paul J Gehman
—
Deed Of Trust
related
$168,000 · Prosperity Mortgage 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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