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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1296 Bristol Pike Morrisville, PA 19067-6140
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-2181665
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
1.05 ac (45,899 SF)
Zoning code
LI
APN
13-047-010-001
UPID
US73-2181665
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
by Request
Owner & transaction history
Robert Johnston SR. · 17 yrs held
Robert Johnston SR.
since 2008
3 recorded transactions
Zoning & alternative use
LI · Morrisville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
L-I Light Industrial District. The purpose and intent of this district is to permit and encourage light industrial development that will be so located as to constitute an appropriate part of the physical development of the Borough, to provide minimum standards for the development and operation of light industry, to prohibit uses which would be incompatible w…
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
33.48 ac
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 Morrisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrisville 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
$4,231
Tax year 2024
Assessed value
$19,000
Assessed 2024
Previous assessed
$19,000
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$19,000
Land market value
$260,273
Total market value
$260,273
Applied tax rate
13.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
1.05 ac (45,899 SF)
Zoning code
LI
APN
13-047-010-001
UPID
US73-2181665
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Morrisville, PAZoning LI · permitted uses
LI · Morrisville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
L-I Light Industrial District. The purpose and intent of this district is to permit and encourage light industrial development that will be so located as to constitute an appropriate part of the physical development of the Borough, to provide minimum standards for the development and operation of light industry, to prohibit uses which would be incompatible with the uses permitted in the district and to otherwise create conditions conducive to carrying out the broad purposes of this chapter. N.
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
33.48 ac
Building & site characteristics
From public records
Heating
NONE
Lot
1.05 ac
Current owner
From public records · entity-resolved
Robert Johnston SR.
Individual
Mailing address
1296 BRISTOL PIKE TRLR #12, MORRISVILLE, PA 19067-6140
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2008
$155,000
Robert Johnston SR.
Singer,jacob A
Quit Claim Deed
related
$8,379 · Jacob A Singer
May 30, 2007
$10,686
Albert C Martin
Tax Claim Bureau Of Bucks County
Tax Deed
related
—
Dec 29, 1998
$102,000
Robert Johnston
Savage,joseph C
Grant Deed
$57,550 · Navy FCU
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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