Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Weis Market, PA

    • Community centers
    • 4.01 lot acres
    OFF-MARKET
    Last Sale
    Aug 02, 2021
    $2,500,000
    Value Estimations
    $2,585,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3476846
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Boutique / Women'S Clothing Store
    • Party City / Costume Store / Party Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details

    Lot size
    4.01 lot acres
    Property type
    Community centers
    APN
    22-0-0014-0030
    APU
    22000140030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,585,000
      ML approach
      $2,450,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Weis Market
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.4036
    Latitude
    41.4045

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,698
    $282,600
    $2,116,900
    $2,399,500
    -
    $282,600
    $2,116,900
    $2,399,500

    Comparable in this City

    • Value Estimation
      $745,000
      37.94 Acres

      Highland Park

      MINI-MALL • 37.94 Acres
      Highland Park, Blvd, PA
      View Details
    • Value Estimation
      $1,515,000
      257,405 SF

      St

      MINI-MALL • 257,405 SF
      St, James Pl, PA
      View Details
    • Value Estimation
      $775,000
      40,142 SF

      24th St, PA

      MINI-MALL • 40,142 SF
      24th St, PA
      View Details
    • Value Estimation
      $305,000
      0.79 Acres

      Eastern Tpke, PA

      MINI-MALL • 0.79 Acres
      Eastern Tpke, PA
      View Details
    • Value Estimation
      $515,000
      18.00 Acres

      Wyoming Ave, PA

      MINI-MALL • 18.00 Acres
      Wyoming Ave, PA
      View Details
    • Value Estimation
      $830,000
      126,513 SF

      Hatton Dr, PA

      MINI-MALL • 126,513 SF
      Hatton Dr, PA
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      48,000 SF

      Prime Philadelphia Commercial Land Available

      48,000 SF commercial land with highway connectivity in Philadelphia.
      1100R S Christopher Columbus Blvd, Philadelphia, PA
      View Details
    • $6,489,131

      Doylestown Retail Opportunity

      Retail property for sale in Doylestown, Pennsylvania.
      739 N Easton Rd, Doylestown, PA
      View Details
    • Contact for pricing
      1,409 SF

      Dollar Bank Retail Opportunity

      1,400 SF Dollar Bank for sale near Route 28.
      1726 Un Ave, Natrona Heights, PA
      View Details
    • $3,200,000
      13,168 SF

      Allentown Retail Strip Mall

      13,168 SF retail strip mall in Allentown for sale.
      6 Unit Retail Strip Mall In Allentown, Allentown, PA
      View Details
    • Contact for pricing
      129,170 SF

      Commercial Mixed-Use Philadelphia Property

      Two commercial properties in Philadelphia, 93% occupancy, CMX3 zoning.
      1100 S Chris Columbus Blvd, Philadelphia, PA
      View Details
    • $3,900,000

      Turnkey Restaurant & Sustainable Farm

      Turnkey restaurant and sustainable farm with real estate for sale.
      1000 S Filmore Rd, State College, PA
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Retail Space in Willow Street

      Retail development opportunity in Southern Lancaster County near major retailers.
      2416 Willow St Park, Lancaster, PA
      View Details
    • Contact for pricing
      4,497 SF

      Retail Space Near Airport

      Retail space ideal for various businesses near Pittsburgh Airport.
      9898 University Blvd, Moon Twp, PA
      View Details
    • Contact for pricing
      2,270 SF

      New Retail Space Available

      New construction retail space in South Abington Township, Pennsylvania.
      1101 Northern Blvd, South Abington Township, PA
      View Details
    • Contact for pricing
      2,415 SF

      Lancaster Retail Shopping Center Space

      Retail space available in a busy Lancaster shopping center.
      2080 Fruitville Park & Granite Run Dr, Lancaster, PA
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Cutler Plaza

      3,000 SF space in busy retail corridor.
      154-166 Baltimore Pike, Springfield, PA
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space Near King of Prussia

      Retail space for lease in a newly developed mixed-use project.
      230 Village Dr, King of Prussia, PA
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Weis Market, PA
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.