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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Medical Office Space
902 Broad St Lansdale, PA 19446-2323
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1032409
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1972
Total area
6,478 SF
Lot
0.37 ac (15,920 SF)
Zoning code
BPO
APN
11-00-00852-00-1
UPID
US73-1032409
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
-
ProAction Physical Therapy Physician
-
William Morey Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$760k
Owner & transaction history
Proaction Lansdale Realty LLC · 9 yrs held
Proaction Lansdale Realty LLC
since 2017
7 recorded transactions
Zoning & alternative use
BPO · Lansdale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is the intent of this zone to provide business or professional offices or studios, banks or similar financial institutions, including savings and loan associations and finance companies
Zone name
Professional Office B
General category
COMMERCIAL
Zone area
20.99 ac
Source
Realmo
Top alternative use upside
Office building
$1.1M
+3.8%
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
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
MEDICAL BUILDING
$1,020,000
Current use
OFFICE BUILDING
$1,060,000
Change: +4% · Conversion: Easy
RESTAURANT
$910,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$900,000
Change: -12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$117 / 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
$16,132
Tax year 2023
Assessed value
$383,500
Assessed 2024
Previous assessed
$383,500
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$98,500
Assessed improvement
$285,000
Land market value
$98,500
Improvement market value
$285,000
Total market value
$383,500
Applied tax rate
11.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
6,478 SF
Lot
0.37 ac (15,920 SF)
Zoning code
BPO
APN
11-00-00852-00-1
UPID
US73-1032409
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BPO · Lansdale, PAZoning BPO · permitted uses
BPO · Lansdale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is the intent of this zone to provide business or professional offices or studios, banks or similar financial institutions, including savings and loan associations and finance companies
Zone name
Professional Office B
General category
COMMERCIAL
Zone area
20.99 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$845,000
MEDICAL BUILDING Current
OFFICE 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
1972
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Proaction Lansdale Realty LLC
Entity
Mailing address
902 N BROAD ST, LANSDALE, PA 19446-2323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
May 1, 2017
—
Proaction Lansdale Realty LLC
Professional Realty Limited Partner
Special Warranty Deed
—
Oct 20, 1998
$522,600
Professional Realty LP
Lansdale Medical Group
Grant Deed
—
Oct 20, 1998
—
Professional Realty LP
—
Deed Of Trust
related
$1,500,000 · Union Nat'l Bk & Tr Souderton
Jan 5, 1998
—
Lansdale Medical Group
—
Deed Of Trust
related
$2,500,000 · Pnc Bank
Aug 18, 1997
$522,600
Lansdale Medical Group
Mccord & Jochnowitz Ptshp
Grant Deed
—
—
—
Professional Realty LP
—
Deed Of Trust
related
$292,500 · Union Nat'l Bk & Tr Souderton
—
—
Professional Realty LP
—
Deed Of Trust
related
$3,900,000 · Essa Bk&tr
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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