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Property profile & analytics
FOR LEASE
Office buildings
1210 Northbrook Dr Feasterville Trevose, PA 19053
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2084898
For Lease
1 / 2
$11,930,000
1210 Northbrook Dr, Feasterville Trevose, PA 19053
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Total area
94,480 SF
Lot
5.85 ac (254,652 SF)
Zoning code
I
APN
02-001-018-008
UPID
US73-2084898
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
-
Michael S. Levin, Esq Law Firm
-
Graphic Arts Association Association / Organization Commercial Printer
-
Hand and Stone Massage and Facial Spa Alternative Medicine Practice Spa & Massage Center
-
Voynow Bayard & Co Accounting Firm Tax Preparation
-
Odyssey Hospice - a Gentiva company Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.17M
Blend (final)
Blend
$11.93M
Owner & transaction history
Northbrook Lemad Equities Ll · 13 yrs held
Northbrook Lemad Equities Ll
since 2013
6 recorded transactions
Zoning & alternative use
I · Trevose, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.5M
+15.7%
Neighborhood: shopping center
$17.1M
+1.4%
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 Feasterville Trevose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Feasterville Trevose 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
$16,880,000
Current use
RETAIL STORES
$19,530,000
Change: +16% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$17,105,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,465,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$11.93M
Range $10.74M – $13.12M · ±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
$126 / 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
$170,274
Tax year 2024
Assessed value
$780,000
Assessed 2024
Previous assessed
$973,920
-19.9% YoY
Effective rate
21.83%
On assessed value
Assessed land
$87,680
Assessed improvement
$692,320
Land market value
$1,201,091
Improvement market value
$9,483,794
Total market value
$10,684,885
Applied tax rate
2.0000
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 (MULTI-STORY)
Status
For Lease
Year built
1991
Heating
CENTRAL
Cooling
YES
Stories
4
Total area
94,480 SF
Lot
5.85 ac (254,652 SF)
Zoning code
I
APN
02-001-018-008
UPID
US73-2084898
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Trevose, PA
Zoning I · permitted uses
I · Trevose, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trevose. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.9M
RETAIL STORES
Est. value
$19.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$17.1M
INDUSTRIAL (GENERAL)
Est. value
$14.5M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1991
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
5.85 ac
Current owner
From public records · entity-resolved
Northbrook Lemad Equities Ll
Individual
Mailing address
1717 ARCH ST STE #3820, PHILADELPHIA, PA 19103-2761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
May 27, 2016
—
Northbrook Lemand Equities LLC
—
Deed
related
$11,000,000 · Manufacturers & Traders Trust Co
May 29, 2013
—
Northbrook Lemad Equities Ll
Northbrook Lemad Equities Ll
Quit Claim Deed
related
$25,000,000 · General Electric Capital Corp
Dec 31, 2012
$9,335,317
Northbrook Lemad Equities Ll
Northbrook Lemad Equities Ll
Grant Deed
—
Oct 17, 2012
$11,420,000
Northbrook Lemad Equities Ll
Comm 2004-lnb2 Trevose Offic
Grant Deed
—
Apr 29, 2011
$1,023
Comm 2004-lnb2 Trevose Office
Sheriff Of Bucks County
Trustees Deed
related
—
Feb 24, 2004
$16,900,000
One Northbrook Owner LP
Kbi Holdings INC
Grant Deed
$15,300,000 · Deutsche Banc Mortgage Capital
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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