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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Investment properties
1000 Park Rdg Rd Horsham, PA 19044-1427
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-5916829
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1800
Total area
5,584 SF
Lot
6.67 ac (290,545 SF)
Zoning code
R1
APN
36-00-06137-00-1
UPID
US73-5916829
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
-
The Patch Boys of Eastern PA Hardware & Home Improvement Interior Design
-
Mighty Dog Roofing of Bucks County Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$745k
Owner & transaction history
Park Ridge Properties LLC · 19 yrs held
Park Ridge Properties LLC
since 2006
3 recorded transactions
Zoning & alternative use
R1 · Horsham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$915,000
+52.0%
Medical building
$880,000
+46.4%
Restaurant
$785,000
+30.4%
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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$600,000
Current use
OFFICE BUILDING
$915,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$880,000
Change: +46% · Conversion: Easy
RESTAURANT
$785,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$775,000
Change: +29% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$730,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
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
$133 / 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
$12,093
Tax year 2023
Assessed value
$307,670
Assessed 2024
Previous assessed
$307,670
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$180,600
Assessed improvement
$127,070
Land market value
$180,600
Improvement market value
$127,070
Total market value
$307,670
Applied tax rate
36.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1800
Heating
HOT WATER
Cooling
NONE
Stories
2
Rooms
13
Bathrooms
1
Total area
5,584 SF
Lot
6.67 ac (290,545 SF)
Zoning code
R1
APN
36-00-06137-00-1
UPID
US73-5916829
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Horsham, PAZoning R1 · permitted uses
R1 · Horsham, PA
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
COMMERCIAL (GENERAL) Current
Est. value
$600,000
OFFICE BUILDING
Est. value
$915,000
MEDICAL BUILDING
Est. value
$880,000
RESTAURANT
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$730,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1800
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
13
Bathrooms
1
Lot
6.67 ac
Current owner
From public records · entity-resolved
Park Ridge Properties LLC
Entity
Mailing address
PO BOX 5098, NEW BRITAIN, PA 18901-0934
Ownership since
2006
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
Sep 14, 2006
$1,000,000
Park Ridge Properties LLC
Ditoro,joseph J & Shirley A
Grant Deed
$950,000 · Joseph J & Shirley A Ditoro
—
—
Joseph J Ditoro
—
Deed Of Trust
related
$100,000 · Commonwealth Bank
—
—
Park Ridge Properties LLC
—
Deed Of Trust
related
$850,000 · National Penn 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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