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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Auto shops
1224 St Rd Bensalem, PA 19020-5333
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US73-0455456
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Total area
5,666 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C
APN
02-062-264-001
UPID
US73-0455456
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
-
Keystone Discount Tire Co. (Bike/Boat/Book/etc) Store Auto Parts Store
-
Keystone Discount Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.06M
Owner & transaction history
Charles Smith · 27 yrs held
Charles Smith
since 1999
2 recorded transactions
Zoning & alternative use
C · Bensalem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.6M
+17.6%
Office building
$1.4M
+6.3%
Medical building
$1.4M
+6.2%
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 Bensalem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensalem 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
AUTO REPAIR, GARAGE
$1,315,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,550,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$1,400,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$1,400,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±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
$187 / 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
$24,974
Tax year 2024
Assessed value
$114,400
Assessed 2024
Previous assessed
$114,400
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$33,120
Assessed improvement
$81,280
Land market value
$453,697
Improvement market value
$1,113,420
Total market value
$1,567,117
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1964
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
5,666 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C
APN
02-062-264-001
UPID
US73-0455456
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Bensalem, PA
Zoning C · permitted uses
C · Bensalem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensalem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (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
1964
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Charles Smith
Individual
Mailing address
3360 KEVIN LN, MECHANICSVILLE, PA 18934-9529
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 1999
$772,506
Charles Smith
W Morris & S Schaeffer Ptshp
Grant Deed
$772,506 · Seller
—
—
Charles B Smith
—
Deed Of Trust
related
$925,000 · Linda Nelson
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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