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Property profile & analytics
OFF-MARKET
Estimated value
$5,200,000
Industrial land
121 Friends Ln Newtown, PA 18940-1897
Entity Owned
Absentee Owner
Free & Clear
Property ID
US73-2162495
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1969
Total area
49,056 SF
Lot
12.57 ac (547,549 SF)
Zoning code
LI
APN
29-010-092
UPID
US73-2162495
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
Xpert Properties LLC
Xpert Properties LLC
since 2026
7 recorded transactions
Zoning & alternative use
LI · Newtown, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,510,000
Current use
Blend value · Realmo final
$5.20M
Range $4.68M – $5.72M · ±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
$106 / 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
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1969
Heating
NONE
Cooling
YES
Stories
1
Total area
49,056 SF
Lot
12.57 ac (547,549 SF)
Zoning code
LI
APN
29-010-092
UPID
US73-2162495
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Newtown, PAZoning LI · permitted uses
LI · Newtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
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
1969
Heating
NONE
Cooling
Yes
Stories
1
Lot
12.57 ac
Current owner
From public records · entity-resolved
Xpert Properties LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3921 RTE 202, DOYLESTOWN, PA 18902-1621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
$700,000
Xpert Properties LLC
Keith B Reed
Deed
—
Oct 23, 2025
$1,275,000
Suite 301 Friends Lane LLC
Ambk Real Estate LLC
Quitclaim Deed
related
$1,060,000 · Ax Capital LLC
Dec 16, 2024
—
Ambk Real Estate LLC
Ambk Real Estate LLC
Deed
related
—
Dec 10, 2024
—
Ambk Real Estate LLC
Pandya Properties LLC
Quitclaim Deed
related
—
Aug 29, 2024
—
Ambk Real Estate LLC
Pdnj Property Group LLC
Quitclaim Deed
related
—
Apr 10, 2024
$35,880
Pdnj Property Group LLC
The County Of Bucks Pennsylvania
Deed
related
—
Feb 20, 2024
—
Djds LLC
—
Deed
related
$130,000 · Penn Community Bank
Jul 7, 2023
$740,000
121 Newtwn LP
Donnegal Partners LLC
Deed
$592,000 · Citizens & Northern Bank
Apr 28, 2022
$675,000
Suite 202 Friends Lane LLC
Friends Lane LLC
Deed
$475,000 · Friends Lane LLC
Feb 28, 2022
—
Friends Lane Property Group LLC
Susan D Stewart
Deed
—
Jul 1, 2021
—
Djds LLC
—
Deed
related
$950,000 · Penn Community Bank
Mar 7, 2019
—
Donnegal Partners LLC
—
Deed
related
$200,000 · Jonathan Hart
Oct 6, 2016
—
Pandya Properties LLC
—
Deed
related
$500,000 · American Bank
Jan 5, 2009
$1,050,000
Friends Lane LLC
L-3 Communications Aydin Corp
Grant Deed
—
—
—
Traxis Management LLC
—
Deed Of Trust
related
$1,000,000 · Third Federal 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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