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    Property profile & analytics

    1 Applewood Dr Perkasie, PA 18944-5447

    • Garden apartment buildings
    • 256,512 SF
    • 21.31 lot acres
    OFF-MARKET
    Value Estimation
    $1,140,000
    Location Intelligence
    Property ID
    US73-0905771
    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

    • Heritage Orchard Hill / Townhouse Complex / Apartment Complex

    Property Details for 1 Applewood Dr

    Year built
    2003
    Lot size
    21.31 lot acres
    Property size
    256,512 SF
    Zone code
    CR
    Property type
    Garden apartment buildings
    APN
    15-011-057
    APU
    15011057

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,020,000
      6.5%
      $980,000
      7%
      $970,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $995,000
      Geo Method
      $1,000,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $900,000
      Retail
      $965,000
      Mixed-Use
      $900,000
      Hospitality
      $1,220,000
      Educational
      $1,165,000
      Residential Income
      $935,000
      Energy
      $1,035,000
      Income-Based Land
      $1,005,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Perkasie
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.2751
    Latitude
    40.3553
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    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
    $267,745
    $319,650
    $1,241,950
    $1,561,600
    -
    $4,378,748
    $17,012,940
    $21,391,688

    Comparable in this City

    • Value Estimation by Request
      7.61 Acres

      1603 Kiwi Ct

      GARDEN APT, COURT APT (5+ UNITS) • 7.61 Acres
      1603 Kiwi Ct, Perkasie, PA 18944-5451
      View Details
    • Value Estimation
      $2,060,000
      14,670 SF

      Market St

      GARDEN APT, COURT APT (5+ UNITS) • 14,670 SF
      Market St, Perkasie, PA 18944
      View Details
    • Value Estimation
      $940,000
      6,240 SF

      420 Chestnut St

      GARDEN APT, COURT APT (5+ UNITS) • 6,240 SF
      420 Chestnut St, Perkasie, PA 18944-1380
      View Details
    • Value Estimation by Request
      1,848 SF

      1308 Parkridge Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,848 SF
      1308 Parkridge Ct, Perkasie, PA 18944-1063
      View Details
    • Value Estimation by Request
      5,385 SF

      Shadywood Dr

      GARDEN APT, COURT APT (5+ UNITS) • 5,385 SF
      Shadywood Dr, Perkasie, PA 18944
      View Details
    • Value Estimation by Request
      1,848 SF

      1301 Parkridge Ct

      GARDEN APT, COURT APT (5+ UNITS) • 1,848 SF
      1301 Parkridge Ct, Perkasie, PA 18944-1066
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Industrial property available for rent in Perkasie, Pennsylvania.
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      Retail/Restaurant Spaces with Drive-Thru

      Retail or restaurant spaces available with drive-thru and outdoor seating.
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      10,912 SF warehouse space for rent in Perkasie, PA.
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    • Contact for pricing
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      View Details
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    1 Applewood Dr
    Perkasie, PA 18944-5447
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    Realmo Value Estimation

    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.

    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.

    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
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