Back to Search
Property profile & analytics
OFF-MARKET
Retail space
122 Broad St Quakertown, PA 18951-1795
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0456640
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1910
Total area
2,602 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C2
APN
35-008-325
UPID
US73-0456640
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
-
Phone Doctor Computer & Electronic Repair Tech Support Center
-
Frederick's Downtown Market Specialty Food Shop Butcher
-
Willie's Plumbing & Mechanical Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randy Mims · 8 yrs held
Randy Mims
since 2018
7 recorded transactions
Zoning & alternative use
C2 · Quakertown, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,526
Tax year 2024
Assessed value
$12,550
Assessed 2024
Previous assessed
$12,550
+0.0% YoY
Effective rate
20.13%
On assessed value
Assessed land
$4,280
Assessed improvement
$8,270
Land market value
$58,630
Improvement market value
$113,287
Total market value
$171,917
Applied tax rate
35.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1910
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
2,602 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C2
APN
35-008-325
UPID
US73-0456640
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Quakertown, PA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1910
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Randy Mims
Individual
Mailing address
PO BOX 636, QUAKERTOWN, PA 18951-0636
Ownership since
2018
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
Mar 12, 2024
—
122 East Broad Street Holdings LLC
—
Deed
related
$100,000 · Qnb Bank
Nov 2, 2022
—
122 East Broad Street Holdings LLC
—
Deed
related
$60,000 · Qnb Bank
Mar 19, 2021
—
122 East Broad Street Holdings LLC
—
Deed
related
$200,000 · Qnb Bank
Oct 27, 2020
—
122 Est Broad Street Holdings LLC
—
Deed
related
$125,000 · Qnb Bank
Sep 29, 2020
—
122 East Road Street Holdings LLC
—
Deed
related
$760,000 · Qnb Bank
Mar 31, 2020
—
122 East Boroad Street Holdings LLC
—
Deed
related
$20,000 · Qnb Bank
Jul 5, 2018
—
122 East Broad Street Holdings LLC
—
Deed
related
$44,000 · Qnb Bank
Apr 20, 2018
$125,000
Randy Mims
Lennard,michael
Grant Deed
$100,000 · Qnb Bank
Feb 21, 2018
$31,000
Randy Mims
River Rise Holding LLC
Quit Claim Deed
related
—
Apr 24, 2017
$77,000
River Rise Holding LLC
Tax Claim Bureau Of Bucks County|lennard,michael
Trustees Deed
related
—
Feb 14, 2017
$77,000
River Rose Holding LLC
Tax Claim Bureau Of Bucks County|lennard,michael
Tax Deed
—
Mar 23, 2016
—
Michael Lennard
Taylor,john
Quit Claim Deed
related
—
—
—
Michael A Lennard
—
Deed Of Trust
related
$50,000 · Qnb Bank
—
—
Michael Lennard
—
Deed Of Trust
related
$254,000 · Quakertown National Bank
—
—
Michael Lennard
—
Deed Of Trust
related
$131,000 · Quakertown National 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.
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?”
You own 122 Broad St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
