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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Commercial real estate
11 Mechanic St New Hope, PA 18938-1204
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0200929
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1830
Total area
3,256 SF
Lot
0.1 ac (4,312 SF)
Zoning code
CC
APN
27-010-091
UPID
US73-0200929
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
-
Thirteen Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
N J Dell Properties LLC · 13 yrs held
N J Dell Properties LLC
since 2012
6 recorded transactions
Zoning & alternative use
CC · New Hope, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hope 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$236 / 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
$9,952
Tax year 2024
Assessed value
$65,200
Assessed 2024
Previous assessed
$65,200
+0.0% YoY
Effective rate
15.26%
On assessed value
Assessed land
$23,200
Assessed improvement
$42,000
Land market value
$317,807
Improvement market value
$575,340
Total market value
$893,147
Applied tax rate
27.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1830
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
2
Units
2
Bathrooms
3
Total area
3,256 SF
Lot
0.1 ac (4,312 SF)
Zoning code
CC
APN
27-010-091
UPID
US73-0200929
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CC · New Hope, PA
Zoning CC · permitted uses
CC · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hope. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1830
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
3
Lot
0.1 ac
Current owner
From public records · entity-resolved
N J Dell Properties LLC
Entity
Mailing address
8 DEER PATH DR, NEW HOPE, PA 18938-1276
Ownership since
2012
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
Jul 19, 2012
$530,000
N J Dell Properties LLC
LLC Pa1 LLC
Deed
$397,500 · Wells Fargo Bank NA
Mar 16, 2005
$825,000
LLC Pa1 LLC
Meyer,warren J JR
Grant Deed
$620,000 · Commerce Bank Pennsylvania NA
—
—
Warren J Meyer
—
Deed Of Trust
related
$46,160 · First Nat'l Bank & Trust Newto
—
—
Warren J Meyer
—
Deed Of Trust
related
$70,000 · First Nat'l Bank & Trust Newto
—
—
Warren J Meyer
—
Deed Of Trust
related
$50,000 · First Nat'l Bk & Tr Newtown
—
—
Warren J Meyer
—
Deed Of Trust
related
$70,000 · First Nat'l Bk & Tr Newtown
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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