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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Commercial land
Ashbourne Rd, Elkins Park, PA 19027
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0144192
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
7.98 ac (347,609 SF)
Zoning code
M1
APN
31-00-01225-01-3
UPID
US73-0144192
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
Lynnewood Hall Preservation Fndn In · 2 yrs held
Lynnewood Hall Preservation Fndn In
since 2023
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
M1 · Elkins Park, 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 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
$1,865,000
ML approach
$1,955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±10% · vs last sale $1.80M (Feb 1 2022)
Last sale anchor
$1.80M
Feb 1 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
—
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
$17,314
Tax year 2023
Assessed value
$259,240
Assessed 2024
Previous assessed
$259,240
+0.0% YoY
Effective rate
6.68%
On assessed value
Assessed land
$259,240
Land market value
$259,240
Total market value
$259,240
Applied tax rate
31.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
7.98 ac (347,609 SF)
Zoning code
M1
APN
31-00-01225-01-3
UPID
US73-0144192
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Elkins Park, PA
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
7.98 ac
Current owner
From public records · entity-resolved
Lynnewood Hall Preservation Fndn In
Individual
Mailing address
300 BLVD OF AMERICAS STE #201, LAKEWOOD, NJ 08701-4684
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$9,000,000
Lynnewood Hall Preservation Fndn In
First Korean Church Of New York INC
Deed
—
Feb 1, 2022
$1,800,000
Lynnewood Gardens Properties LLC
Swift & Choi Development LLC
Deed
—
Sep 3, 2013
$575,000
Swift & Choi Dev LLC
West Oak Lane Church Of God INC
Grant Deed
—
Nov 20, 2002
—
West Oak Lane Church Of God In
—
Deed Of Trust
related
$1,275,000 · Fleet National Bank
Feb 27, 2002
$700,000
West Oak Lane Church Of God In
Trb Ashbourne Road Corp
Grant Deed
$650,000 · Church Extension Of The Church
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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