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Property profile & analytics
OFF-MARKET
Estimated value
$9,560,000
Warehouses
1141 Richland Commerce Dr C Quakertown, PA 18951-2516
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5688906
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
71,000 SF
Lot
5.9 ac (257,004 SF)
Zoning code
EXT
APN
36-029-019-03C
UPID
US73-5688906
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
-
Champion Container Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.84M
CAP Approach
CAP
$11.18M
Comparable Approach
Comparable
$11.37M
Blend (final)
Blend
$9.56M
Owner & transaction history
Champion Re Holdings Of Quakertown · 3 yrs held
Champion Re Holdings Of Quakertown
since 2023
Last sale
$9.3M
3 recorded transactions
Zoning & alternative use
EXT · Quakertown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.7M
+78.0%
Retail stores
$14.1M
+70.3%
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 Quakertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quakertown 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
$9,785,000
ML approach
$9,840,000
CAP Approach
CAP Return
Estimation
6%
$12,105,000
6.5%
$11,175,000
7%
$10,375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,260,000
Current use
OFFICE BUILDING
$14,705,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$14,065,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$9.56M
Range $8.60M – $10.52M · ±10% · vs last sale $9.31M (Feb 27 2023)
Last sale anchor
$9.31M
Feb 27 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
$135 / 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
$139,252
Tax year 2024
Assessed value
$653,120
Assessed 2024
Previous assessed
$59,000
+1,007.0% YoY
Effective rate
21.32%
On assessed value
Assessed land
$59,000
Assessed improvement
$594,120
Land market value
$808,216
Improvement market value
$8,138,595
Total market value
$8,946,811
Applied tax rate
36.0000
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
Heating
CENTRAL
Stories
1
Units
1
Total area
71,000 SF
Lot
5.9 ac (257,004 SF)
Zoning code
EXT
APN
36-029-019-03C
UPID
US73-5688906
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
EXT · Quakertown, PA
Zoning EXT · permitted uses
EXT · Quakertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quakertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.3M
OFFICE BUILDING
Est. value
$14.7M
RETAIL STORES
Est. value
$14.1M
WAREHOUSE, STORAGE Current
OFFICE 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
Heating
CENTRAL
Stories
1
Units
1
Lot
5.9 ac
Current owner
From public records · entity-resolved
Champion Re Holdings Of Quakertown
Entity
Mailing address
379 THORNALL ST STE, EDISON, NJ 08837-2225
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2023
$9,308,860
Champion Re Holdings Of Quakertown
Northfield Industrial Holdings LLC
Special Warranty Deed
$445,000 · Provident Bank
Sep 1, 2022
—
Northfield Industrial Holdings LLC
—
Deed
related
$2,100,000 · Qnb Bank
Feb 15, 2022
—
Northfield Industrial Holdings LLC
—
Deed
related
$5,630,000 · Qnb 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.
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