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Property profile & analytics
OFF-MARKET
Estimated value
$9,240,000
Flex space
Pne St Folsom, PA 19033
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0032660
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1948
Total area
74,620 SF
Lot
10.05 ac (437,980 SF)
APN
38-03-00094-00
UPID
US73-0032660
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
$9.50M
CAP Approach
CAP
$6.97M
Comparable Approach
Comparable
$7.45M
Blend (final)
Blend
$9.24M
Owner & transaction history
500 Pine Delco LLC · 3 yrs held
500 Pine Delco LLC
since 2022
Last sale
$12.3M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.9M
+70.4%
Office building
$8.5M
+63.0%
Commercial (general)
$7.2M
+37.9%
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 Folsom submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folsom 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
$11,600,000
ML approach
$9,495,000
CAP Approach
CAP Return
Estimation
6%
$7,545,000
6.5%
$6,965,000
7%
$6,465,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,855,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$8,475,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,165,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,745,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$9.24M
Range $8.32M – $10.16M · ±10% · vs last sale $12.25M (Dec 27 2022)
Last sale anchor
$12.25M
Dec 27 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
$124 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$286,977
Tax year 2024
Assessed value
$8,265,000
Assessed 2024
Previous assessed
$8,265,000
+0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$865,430
Assessed improvement
$7,399,570
Total market value
$8,265,000
Applied tax rate
3,809.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
CENTRAL
Total area
74,620 SF
Lot
10.05 ac (437,980 SF)
APN
38-03-00094-00
UPID
US73-0032660
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$7.2M
WAREHOUSE, STORAGE
Est. value
$5.7M
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1948
Heating
NONE
Cooling
Yes
Lot
10.05 ac
Current owner
From public records · entity-resolved
500 Pine Delco LLC
Entity
Mailing address
11 LINDA DR, JACKSON, NJ 08527-5025
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
—
500 Pine Delco LLC
—
Deed
related
$2,000,000 · Oceanfirst Bank
Dec 27, 2022
$12,250,000
500 Pine Delco LLC
Vv500 LLC
Special Warranty Deed
$10,000,000 · Oceanfirst Bank
Feb 18, 2020
$950,000
Vv500 LLC
Holmes Partnersn LP
Special Warranty Deed
$8,500,000 · Oceanfirst Bank
Sep 7, 2001
$250,000
Fincourt B Shelton
5th & Pine St LP
Grant Deed
$225,000 · 5th & Pine St LP
—
—
Holmes Corporate Center
—
Deed Of Trust
related
$450,000 · Sovereign Bank
—
—
Samuel J Mendicino
—
Deed Of Trust
related
$950,000 · Sovereign 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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