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Property profile & analytics
OFF-MARKET
Estimated value
$19,535,000
Warehouses
1 Kresge Rd Fairless Hills, PA 19030-4500
Entity Owned
26-yr Hold
Free & Clear
Property ID
US73-0447067
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Total area
2,108,894 SF
Lot
95.9 ac (4,177,404 SF)
Zoning code
LI
APN
13-028-062-001
UPID
US73-0447067
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
Current use
Occupant on record · Public records
-
TransFormCo Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.54M
Owner & transaction history
Fairsan Company LLC · 26 yrs held
Fairsan Company LLC
since 1999
3 recorded transactions
Zoning & alternative use
LI · Fairless Hills, 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 Fairless Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairless Hills 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9 / 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
$601,300
Tax year 2024
Assessed value
$2,700,000
Assessed 2024
Previous assessed
$2,700,000
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$738,500
Assessed improvement
$1,961,500
Land market value
$10,116,394
Improvement market value
$26,869,746
Total market value
$36,986,140
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
2,108,894 SF
Lot
95.9 ac (4,177,404 SF)
Zoning code
LI
APN
13-028-062-001
UPID
US73-0447067
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Fairless Hills, PAZoning LI · permitted uses
LI · Fairless Hills, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
95.9 ac
Current owner
From public records · entity-resolved
Fairsan Company LLC
Entity
Free & Clear · 26 yrs held
Mailing address
185 NW SPANISH RIV BLVD STE #100, BOCA RATON, FL 33431-4230
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 1999
$9,900,000
Fairsan Company LLC
Chester Km Penn LLC
Grant Deed
—
Mar 2, 1998
$4,818,944
Chester Km Penn LLC
Pennsylvania Mart LP
Grant Deed
related
—
—
—
Chester Km Penn LLC
—
Deed Of Trust
related
$11,996,306 · First Security Bank Trustee
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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