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Property profile & analytics
OFF-MARKET
Estimated value
$3,070,000
Office buildings
102 Progress Dr Doylestown, PA 18901-2516
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-2608496
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
12,580 SF
Lot
1.1 ac (48,003 SF)
Zoning code
R4
APN
09-009-027-002
UPID
US73-2608496
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
by Request
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
$3.53M
Blend (final)
Blend
$3.07M
Owner & transaction history
Doylestown Urology Kinship Enterpri · 20 yrs held
Doylestown Urology Kinship Enterpri
since 2006
6 recorded transactions
Zoning & alternative use
R4 · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.1M
+14.3%
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 Doylestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doylestown 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%
$3,515,000
6.5%
$3,245,000
7%
$3,015,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,570,000
Current use
RESTAURANT
$4,080,000
Change: +14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,435,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$3,105,000
Change: -13% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,925,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.07M
Range $2.76M – $3.38M · ±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
$244 / 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
$44,321
Tax year 2024
Assessed value
$250,450
Assessed 2024
Previous assessed
$250,450
+0.0% YoY
Effective rate
17.70%
On assessed value
Assessed land
$38,400
Assessed improvement
$212,050
Land market value
$526,025
Improvement market value
$2,904,782
Total market value
$3,430,807
Applied tax rate
9.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
12,580 SF
Lot
1.1 ac (48,003 SF)
Zoning code
R4
APN
09-009-027-002
UPID
US73-2608496
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Doylestown, PA
Zoning R4 · permitted uses
R4 · Doylestown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doylestown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
RESTAURANT
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2008
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Doylestown Urology Kinship Enterpri
Individual
Mailing address
102 PROGRESS DR STE #101, DOYLESTOWN, PA 18901-2516
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
Doylestown Urology Kinship Enterpri
—
Deed
related
$2,393,000 · Bucks County Bank
Jan 5, 2006
$803,000
Doylestown Urology Kinship Enterpri
Edwin W Slade
Deed
$401,500 · Citizens Bank Of Pennsylvania
—
—
Doylestown Urology Kinship Ent
—
Deed Of Trust
related
$295,000 · Citizens Bank Pennsylvania
—
—
Doylestown Urology Kinship Ent
—
Deed Of Trust
related
$885,000 · Citizens Bank Pennsylvania
—
—
Doylestown Urology Kinship Ent
—
Deed Of Trust
related
$1,475,000 · Citizens Bank Pennsylvania
—
—
Doylestown Urology Kinship Ent
—
Deed Of Trust
related
$1,497,000 · South Eastern Econ Dev Corp
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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