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Property profile & analytics
OFF-MARKET
Estimated value
$4,455,000
Warehouses
900 40th Foot Rd Lansdale, PA 19446-4343
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0043984
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Total area
29,892 SF
Lot
3.31 ac (144,184 SF)
Zoning code
LI
APN
53-00-03056-00-5
UPID
US73-0043984
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
-
UME | Where the Client Always Comes First Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.53M
CAP Approach
CAP
$4.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.46M
Owner & transaction history
Vv900 LLC · 4 yrs held
Vv900 LLC
since 2022
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
LI · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.9M
+148.1%
Medical building
$4.7M
+139.0%
Restaurant
$4.2M
+112.8%
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 Lansdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lansdale 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
$4,450,000
ML approach
$4,530,000
CAP Approach
CAP Return
Estimation
6%
$5,095,000
6.5%
$4,705,000
7%
$4,370,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,890,000
Change: +148% · Conversion: Difficult
MEDICAL BUILDING
$4,710,000
Change: +139% · Conversion: Difficult
RESTAURANT
$4,195,000
Change: +113% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,155,000
Change: +111% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,895,000
Change: +98% · Conversion: Moderate
Blend value · Realmo final
$4.46M
Range $4.01M – $4.90M · ±10% · vs last sale $4.30M (May 4 2022)
Last sale anchor
$4.30M
May 4 2022
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
$30,680
Tax year 2023
Assessed value
$757,450
Assessed 2024
Previous assessed
$757,450
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$164,700
Assessed improvement
$592,750
Land market value
$164,700
Improvement market value
$592,750
Total market value
$757,450
Applied tax rate
53.0000
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
1966
Heating
FORCED AIR
Cooling
CENTRAL
Total area
29,892 SF
Lot
3.31 ac (144,184 SF)
Zoning code
LI
APN
53-00-03056-00-5
UPID
US73-0043984
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Lansdale, PA
Zoning LI · permitted uses
LI · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lansdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.7M
RESTAURANT
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
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
1966
Heating
FORCED AIR
Cooling
Yes
Lot
3.31 ac
Current owner
From public records · entity-resolved
Vv900 LLC
Entity
Mailing address
1 BELMONT AVE STE #520, BALA CYNWYD, PA 19004-1608
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
$4,300,000
Vv900 LLC
Lass 900 LP
Special Warranty Deed
$3,225,000 · Orrstown Bank
Feb 24, 2020
—
Lass 900 LP
—
Deed
related
$704,000 · Bryn Mawr Tr
Feb 19, 2020
—
Lass 900 LP
—
Deed
related
$2,512,000 · Bryn Mawr Tr
May 18, 2016
$1,900,000
Lass 900 LP
Mnop INC
Deed
—
Nov 28, 2014
$1,350,000
900 Forty Foot Road LP
Forty Foot Road Properties LLC
Grant Deed
$1,600,000 · American Heritage FCU
Mar 25, 2009
—
Forty Foot Road Properties LLC
—
Deed Of Trust
related
$1,100,000 · Cornerstone Bank
Sep 12, 2007
$2,125,000
Forty Foot Road Properties LLC
Fsc Ents INC
Grant Deed
—
Feb 26, 2004
$9,900
Towamencin Twp Infra Structure
Fsc Enter INC
Grant Deed
—
Feb 26, 2004
—
Towamencin Twp Infra Structure
Fsc Enter INC
Grant Deed
related
—
Mar 10, 1999
$1,000,000
Fsc Enterprises INC
Triple J Associates
Grant Deed
$913,000 · Berks County Bank
—
—
Fsc Enterprises INC
—
Deed Of Trust
related
$75,000 · Main Street Bank
—
—
Lass 900 LP
—
Deed Of Trust
related
$704,000 · Bryn Mawr Tr
—
—
Fsc Ent INC
—
Deed Of Trust
related
$250,000 · Commerce Bank Pennsylvania NA
—
—
Fsc Ents INC
—
Deed Of Trust
related
$165,000 · Wachovia Bank NA
—
—
Fsc Enter INC
—
Deed Of Trust
related
$906,500 · Wachovia Bank NA
—
—
Forty Foot Road Properties LLC
—
Deed Of Trust
related
$1,000,000 · Cornerstone Bank
—
—
Lass 900 LP
—
Deed Of Trust
related
$2,512,000 · Bryn Mawr Tr
—
—
Forty Foot Road Properties LLC
—
Deed Of Trust
related
$1,100,000 · Cornerstone 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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