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Property profile & analytics
OFF-MARKET
Estimated value
$2,420,000
Warehouses
102 Reservoir Rd Honey Brook, PA 19344-1341
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-2370987
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
20,350 SF
Lot
7.63 ac (332,493 SF)
Zoning code
IP
APN
2203 00220000
UPID
US73-2370987
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
-
Metalum Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.70M
CAP Approach
CAP
$3.20M
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.42M
Owner & transaction history
Pvi Properties LLC · 2 yrs held
Pvi Properties LLC
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
IP · Honey Brook, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.9M
+42.0%
Office building
$3.8M
+39.1%
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 Honey Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honey Brook 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
$2,530,000
ML approach
$2,700,000
CAP Approach
CAP Return
Estimation
6%
$3,470,000
6.5%
$3,200,000
7%
$2,975,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,720,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,865,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$3,785,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,585,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±10% · vs last sale $2.30M (Sep 12 2023)
Last sale anchor
$2.30M
Sep 12 2023
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
$119 / 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
$24,798
Tax year 2024
Assessed value
$645,860
Assessed 2024
Previous assessed
$619,130
+4.3% YoY
Effective rate
3.84%
On assessed value
Assessed land
$44,660
Assessed improvement
$601,200
Land market value
$44,660
Improvement market value
$661,530
Total market value
$706,190
Applied tax rate
22.0000
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
1975
Heating
ELECTRIC
Cooling
CENTRAL
Total area
20,350 SF
Lot
7.63 ac (332,493 SF)
Zoning code
IP
APN
2203 00220000
UPID
US73-2370987
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IP · Honey Brook, PAZoning IP · permitted uses
IP · Honey Brook, 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
WAREHOUSE, STORAGE Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.8M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1975
Heating
ELECTRIC
Cooling
Yes
Lot
7.63 ac
Current owner
From public records · entity-resolved
Pvi Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
102 RESERVOIR RD, HONEY BROOK, PA 19344-1341
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2025
—
Pvi Properties LLC
—
Deed
related
$6,000,000 · The Pennsylvania Industrial Development
Sep 12, 2023
—
Pvi Properties LLC
Pvi Properties LLC
Intrafamily Transfer
related
—
Sep 7, 2023
$2,297,364
Pvi Properties LLC
Aaron E King
Deed
$6,000,000 · Mid Penn Bank
Nov 8, 2018
—
Aaron E King
—
Deed
related
$300,000 · Mid Penn Bank
Mar 6, 2018
—
Aaron E King
—
Deed
related
$200,000 · Mid Penn Bk
Nov 16, 2017
—
Aaron E King
—
Grant Deed
related
$1,300,000 · Mid Penn Bk
May 4, 2016
$1,500,000
Aaron E King
Vernon L Stoltzfus
Deed
$1,500,000 · The Ephrata National Bank
—
—
Aaron E King
—
Deed Of Trust
related
$200,000 · Mid Penn Bk
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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