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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Office buildings
1243 Easton Rd Warrington, PA 18976-3801
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-3029746
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1907
Construction
FRAME
Total area
2,016 SF
Lot
2.41 ac (104,762 SF)
Zoning code
R2
APN
50-025-020
UPID
US73-3029746
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
-
THOMAS J. CONTE, Compass RE Real Estate Agency
-
Conway Productions Inc. Photography Service (Bike/Boat/Book/etc) Store
-
Inspiring Teens Publishing House
-
Uniform Gear (Bike/Boat/Book/etc) Store
-
Keystone Municipal Collections Tax Collector'S Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.63M
Owner & transaction history
Atlantic Student Housing LLC · 5 yrs held
Atlantic Student Housing LLC
since 2021
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
R2 · Warrington, 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 Warrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrington 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
$2,810,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.45M (Apr 14 2021)
Last sale anchor
$2.45M
Apr 14 2021
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
$1,302 / 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
$39,861
Tax year 2024
Assessed value
$215,930
Assessed 2024
Previous assessed
$215,930
+0.0% YoY
Effective rate
18.46%
On assessed value
Assessed land
$48,000
Assessed improvement
$167,930
Land market value
$657,531
Improvement market value
$2,300,401
Total market value
$2,957,932
Applied tax rate
50.0000
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
Off-Market
Year built
1907
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Rooms
10
Bathrooms
2
Total area
2,016 SF
Lot
2.41 ac (104,762 SF)
Zoning code
R2
APN
50-025-020
UPID
US73-3029746
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Warrington, PA
Zoning R2 · permitted uses
R2 · Warrington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warrington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
10
Bathrooms
2
Lot
2.41 ac
Current owner
From public records · entity-resolved
Atlantic Student Housing LLC
Entity
Mailing address
1239 MAPLEWOOD DR, AMBLER, PA 19002-1176
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
$2,450,000
Atlantic Student Housing LLC
Ktmt Newbury LP
Deed
$1,837,500 · American Bank
Jun 2, 2017
—
Ktmt Newbury
—
Deed
related
$1,500,000 · Citadel FCU
Mar 5, 2014
$1,650,000
Ktmt Newbury LP
Coba INC
Grant Deed
—
Nov 21, 2013
$2,400,000
Ktmt Hgm LP
Hg Manor Investors LP
Grant Deed
—
Feb 7, 2013
$1,321
Coba INC
Deputy Sheriff Of Bucks County
Trustees Deed
related
—
Nov 27, 2000
$100,000
Twelve Forty Three Assoc LP
Zentgraf,lillian
Grant Deed
—
—
—
Ktmt Hgm LP
—
Deed Of Trust
related
$2,000,000 · First Svgs Bk/perkasie
—
—
Twelve Forty Three Associates
—
Deed Of Trust
related
$2,582,500 · Commerce Bank Pennsylvania NA
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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