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Property profile & analytics
OFF-MARKET
Estimated value
$11,325,000
Office buildings
Innovation Dr Plymouth Meeting, PA 19462
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2938783
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Total area
141,261 SF
Lot
16.51 ac (719,176 SF)
Zoning code
LI
APN
49-00-04509-03-2
UPID
US73-2938783
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
$11.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.33M
Owner & transaction history
Alliance Innovation Dr LLC · 2 yrs held
Alliance Innovation Dr LLC
since 2024
Last sale
$11.3M
7 recorded transactions
Zoning & alternative use
LI · Plymouth Meeting, 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 Plymouth Meeting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth Meeting 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
$11,325,000
ML approach
$11,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.33M
Range $10.19M – $12.46M · ±10% · vs last sale $11.33M (Mar 11 2024)
Last sale anchor
$11.33M
Mar 11 2024
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
$80 / 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
$372,812
Tax year 2023
Assessed value
$11,360,000
Assessed 2024
Previous assessed
$11,360,000
+0.0% YoY
Effective rate
3.28%
On assessed value
Total market value
$11,360,000
Applied tax rate
49.0000
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
2010
Heating
FORCED AIR
Cooling
CENTRAL
Total area
141,261 SF
Lot
16.51 ac (719,176 SF)
Zoning code
LI
APN
49-00-04509-03-2
UPID
US73-2938783
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Plymouth Meeting, PA
Zoning LI · permitted uses
LI · Plymouth Meeting, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth Meeting. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
FORCED AIR
Cooling
Yes
Lot
16.51 ac
Current owner
From public records · entity-resolved
Alliance Innovation Dr LLC
Entity
Mailing address
40 MORRIS AVE STE #230, BRYN MAWR, PA 19010-3300
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
$11,325,000
Alliance Innovation Dr LLC
Plymouth Meeting Title Holder LLC
Special Warranty Deed
$20,570,000 · Cre II Lender Sub I LLC
May 21, 2018
—
Plymouth Meeting Title Holder
Plymouth Meeting Operating Co
Quit Claim Deed
related
$91,260,000 · Citizens Bk NA
May 18, 2018
$39,252,600
Plymouth Meeting Operating Co
Exeter Peter Lane I LP
Grant Deed
$91,260,000 · Citizens Bk NA
Dec 18, 2015
—
Exeter Peter Lane I LP
—
Grant Deed
related
$114,000,000 · Bank Of America
Oct 8, 2014
—
Exeter Peter Lane I LP
—
Loan Modification
related
$125,000,000 · Canadian Imperial Bk/commerc
May 15, 2013
—
Exeter Peter Lane I LP
—
Deed Of Trust
related
$119,445,000 · Canadian Imperial Bk/commerc
Nov 23, 2010
—
Industrial Reit I Exeter
Exeter Peter Lane LLC
Quit Claim Deed
related
—
Mar 22, 2010
—
Us Bk National Assn
Exeter Peter Lane I LP
Grant Deed
related
—
Nov 5, 2009
—
Peter Lane I Exeter
Exeter Peter Lane LLC
Quit Claim Deed
related
—
Dec 31, 2008
$4,075,000
Peter Lane I Exeter
Plymouth Meeting Park
Grant Deed
—
Jun 6, 2008
—
Meeting Park Plymouth
Plymouth Meeting Park
Quit Claim Deed
related
—
—
—
Meeting Park Plymouth
—
Deed Of Trust
related
$900,000 · William P R & Lee C Cross
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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