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Property profile & analytics
OFF-MARKET
Estimated value
$18,500,000
Strip malls
1045 Bustleton Pike Feasterville Trevose, PA 19053-7676
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1592881
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1958
Total area
57,976 SF
Lot
12.18 ac (530,517 SF)
Zoning code
CS
APN
21-007-189
UPID
US73-1592881
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
-
B.K Handyman Solutions Hardware & Home Improvement General Contractor
-
Kinderland Kids Hair Salon Barber Shop
-
Joseph C. Maloney III, MD Physician
-
Wings To Go - Feasterville, PA Restaurant
-
Jefferson OB/GYN – Feasterville Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$18.50M
CAP Approach
CAP
$13.87M
Comparable Approach
Comparable
$17.41M
Blend (final)
Blend
$18.50M
Owner & transaction history
1045 Fp Re LLC · 1 yrs held
1045 Fp Re LLC
since 2024
Last sale
$18.5M
6 recorded transactions
Zoning & alternative use
CS · Feasterville Trevose, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.8M
+79.2%
Auto repair, garage
$18.1M
+72.5%
Apartment house (5+ units)
$15.8M
+50.9%
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 Feasterville Trevose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Feasterville Trevose 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
$18,500,000
ML approach
$18,500,000
CAP Approach
CAP Return
Estimation
6%
$15,025,000
6.5%
$13,870,000
7%
$12,875,000
Alternative Use
Use
Estimation
RESTAURANT
$18,805,000
Change: +79% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,105,000
Change: +72% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,840,000
Change: +51% · Conversion: Difficult
MEDICAL BUILDING
$14,305,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$11,985,000
Change: +14% · Conversion: Easy
Blend value · Realmo final
$18.50M
Range $16.65M – $20.35M · ±10% · vs last sale $18.50M (Aug 16 2024)
Last sale anchor
$18.50M
Aug 16 2024
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
$319 / 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
$285,771
Tax year 2024
Assessed value
$1,343,160
Assessed 2024
Previous assessed
$1,343,160
+0.0% YoY
Effective rate
21.28%
On assessed value
Assessed land
$318,310
Assessed improvement
$1,024,850
Land market value
$4,360,392
Improvement market value
$14,038,980
Total market value
$18,399,372
Applied tax rate
21.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1958
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
57,976 SF
Lot
12.18 ac (530,517 SF)
Zoning code
CS
APN
21-007-189
UPID
US73-1592881
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CS · Feasterville Trevose, PAZoning CS · permitted uses
CS · Feasterville Trevose, 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
RESTAURANT
Est. value
$18.8M
AUTO REPAIR, GARAGE
Est. value
$18.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.8M
MEDICAL BUILDING
Est. value
$14.3M
RETAIL STORES
Est. value
$12.0M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
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
1958
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
12.18 ac
Current owner
From public records · entity-resolved
1045 Fp Re LLC
Entity
Mailing address
43 GENERAL WARREN BLVD, MALVERN, PA 19355-1245
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Aug 16, 2024
$18,500,000
1045 Fp Re LLC
Ftp Feasterville Plaza LP
Special Warranty Deed
$12,900,000 · Barclays Capital Real Estate INC
Aug 25, 2021
—
Cellco Partnership
Ftp Feasterville Plaza LP
Lease
—
Aug 9, 2021
—
Ftp Feasterville Plaza
—
Deed
related
$11,500,000 · Symetra Life Insurance Co
Jul 14, 2011
$20,000,000
Ftp Feasterville Plaza LP
Federal Realty Investment Trust
Deed
$15,000,000 · Ubs Real Estate Securities INC
Apr 5, 2005
—
Jackson Feasterville
Jackson Feasterville
Quit Claim Deed
—
Jan 8, 1997
$2,065,660
Federal Realty Investments
American Real Estate
Grant Deed
—
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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