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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Office buildings
119 Pheasant Run Newtown, PA 18940-1820
Entity Owned
10-yr Hold
Free & Clear
Property ID
US73-1868977
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
7,872 SF
Lot
2.18 ac (94,917 SF)
Zoning code
LI
APN
29-010-130
UPID
US73-1868977
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$2.42M
Blend (final)
Blend
$1.99M
Owner & transaction history
Sydwen Real Estate LP · 10 yrs held
Sydwen Real Estate LP
since 2016
6 recorded transactions
Zoning & alternative use
LI · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+29.3%
Apartment house (5+ units)
$2.2M
+8.9%
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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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%
$2,200,000
6.5%
$2,030,000
7%
$1,885,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,975,000
Current use
RESTAURANT
$2,555,000
Change: +29% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,150,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$1,945,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,885,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,830,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±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
$252 / 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
$31,933
Tax year 2024
Assessed value
$179,680
Assessed 2024
Previous assessed
$179,680
+0.0% YoY
Effective rate
17.77%
On assessed value
Assessed land
$42,720
Assessed improvement
$136,960
Land market value
$585,203
Improvement market value
$1,876,156
Total market value
$2,461,359
Applied tax rate
29.0000
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
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
7,872 SF
Lot
2.18 ac (94,917 SF)
Zoning code
LI
APN
29-010-130
UPID
US73-1868977
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Newtown, PA
Zoning LI · permitted uses
LI · Newtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
Sydwen Real Estate LP
Entity
Free & Clear · 10 yrs held
Mailing address
119 PHEASANT RUN, NEWTOWN, PA 18940-1820
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Jan 21, 2021
—
Sydwen Real Estate LP
—
Deed
related
$600,000 · Bank Five Nine
May 5, 2016
—
Sydwen Real Estate LP
Sydwen Real Estate LP
Quit Claim Deed
—
Dec 19, 2014
—
Scw LP
Scw Ptshp
Quit Claim Deed
—
Oct 25, 2002
$1,100,000
Partnewship A Scw
Martino,anthony
Grant Deed
$1,330,000 · Interstate Net Bank
—
—
Scw Partnership
—
Deed Of Trust
related
$1,250,000 · Pnc Bk/nj
—
—
Scw LP
—
Loan Modification
related
$893,442 · Pnc Bk
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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