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Property profile & analytics
FOR LEASE
Office buildings
1094 2Nd Street Pike Richboro, PA 18954
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2844052
For Lease
1 / 3
$2,000/Mo
1094 2Nd Street Pike, Richboro, PA 18954
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Total area
8,412 SF
Lot
0.61 ac (26,776 SF)
Zoning code
C2
APN
31-009-026
UPID
US73-2844052
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
-
Northeast Equitable Mortgage Loan Service Bank
-
The Lash Room Bucks Hair Salon Nail Salon
-
TheRoamingBar Take-out & Catering Catering Service
-
York Road Motorcars LLC Car Rental Facility
-
RockStarClosers Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$965k
Owner & transaction history
Brt Acquisitions LLC · 4 yrs held
Brt Acquisitions LLC
since 2022
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
C2 · Richboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+10.8%
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 Richboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richboro 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
$945,000
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,375,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,525,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $975k (Feb 2 2022)
Last sale anchor
$975k
Feb 2 2022
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
$115 / 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
$12,882
Tax year 2024
Assessed value
$66,880
Assessed 2024
Previous assessed
$66,880
+0.0% YoY
Effective rate
19.26%
On assessed value
Assessed land
$11,240
Assessed improvement
$55,640
Land market value
$153,972
Improvement market value
$762,188
Total market value
$916,160
Applied tax rate
31.0000
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
For Lease
Year built
1993
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
8,412 SF
Lot
0.61 ac (26,776 SF)
Zoning code
C2
APN
31-009-026
UPID
US73-2844052
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Richboro, PA
Zoning C2 · permitted uses
C2 · Richboro, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
OFFICE BUILDING Current
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
1993
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Brt Acquisitions LLC
Entity
Mailing address
1094 2ND ST PIKE, RICHBORO, PA 18954-1860
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jan 9, 2026
—
Brt Acquisitions LLC
—
Deed
related
$350,000 · Linkbank
Aug 11, 2022
—
Brt Acquisitions LLC
—
Deed
related
$150,000 · Bucks County Economic Development Corp
May 19, 2022
—
Brt Acquisitions LLC
—
Deed
related
$453,000 · Linkbank
Feb 2, 2022
$975,000
Brt Acquisitions LLC
Jamie Mancuso
Deed
$731,250 · Linkbank
Jan 8, 2021
—
Robin Mancus Deluna
—
Deed
related
$235,000 · Provident Bank
Nov 10, 2016
—
Jamie Mancuso
Frank M Mancuso
Intrafamily Transfer
related
$2,920,000 · Provident Bank
Apr 17, 2002
$875,000
Frank M Mancuso
Brenner,tr
Grant Deed
$890,000 · Premier Bank
—
—
Frank M Mancuso
—
Deed Of Trust
related
$4,420,000 · Fulton 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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