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Property profile & analytics
OFF-MARKET
Estimated value
$5,655,000
Office Spaces
1155 Business Ctr Dr9a Horsham, PA 19044-3422
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5408703
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1989
Total area
54,500 SF
Lot
5.12 ac (223,027 SF)
Zoning code
BC
APN
36-00-01395-30-6
UPID
US73-5408703
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
-
Behavior Intervetentions Crisis Center Medical Clinic
-
Advance Dicing Technologies Food Market Farmer's Market
-
Research Partnership Advertising Agency
-
EMM Loans LLC Loan Service Bank
-
TMS International, LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.77M
Blend (final)
Blend
$5.66M
Owner & transaction history
Brookwood Philadelphia I LLC · 10 yrs held
Brookwood Philadelphia I LLC
since 2015
5 recorded transactions
Zoning & alternative use
BC · Horsham, 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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,915,000
Current use
MEDICAL BUILDING
$8,590,000
Change: -4% · Conversion: Easy
RESTAURANT
$7,650,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$7,575,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$5.66M
Range $5.09M – $6.22M · ±10%
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
$104 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$101,179
Tax year 2023
Assessed value
$2,574,000
Assessed 2024
Previous assessed
$3,455,800
-25.5% YoY
Effective rate
3.93%
On assessed value
Total market value
$2,574,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1989
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
54,500 SF
Lot
5.12 ac (223,027 SF)
Zoning code
BC
APN
36-00-01395-30-6
UPID
US73-5408703
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BC · Horsham, PA
Zoning BC · permitted uses
BC · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horsham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.9M
MEDICAL BUILDING
Est. value
$8.6M
RESTAURANT
Est. value
$7.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1989
Heating
HEAT PUMP
Cooling
Yes
Lot
5.12 ac
Current owner
From public records · entity-resolved
Brookwood Philadelphia I LLC
Entity
Mailing address
138 CONANT ST, BEVERLY, MA 01915-1672
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2019
—
Brookwood Philadelphia I LLC
—
Grant Deed
related
$408,500,000 · Jp Morgan Chase Bk
Aug 17, 2015
$5,250,000
Brookwood Philadelphia I LLC
G&i Vi 1155 Business Center Fe LLC
Deed
—
Dec 24, 2007
—
G & I Vi 1155 Busn Center Fe LLC
Fifteen Horsham
Grant Deed
—
Dec 24, 2007
$7,950,000
Brandywine Grande C Corp
G & I Vi 1155 Busn Ctr Mz Ll
Grant Deed
related
—
Feb 8, 2001
—
Fifteen Horsham LP
—
Deed Of Trust
related
$88,000,000 · Lasalle Bank NA Trustee
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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