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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Office buildings
14 Memorial Dr Doylestown, PA 18901-3529
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0046858
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
11,168 SF
Lot
1.85 ac (80,542 SF)
Zoning code
C3
APN
09-009-032-002
UPID
US73-0046858
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
$2.88M
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.40M
Owner & transaction history
Doylestown Hospital · 13 yrs held
Doylestown Hospital
since 2012
7 recorded transactions
Zoning & alternative use
C3 · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+14.3%
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 Doylestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doylestown 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%
$3,120,000
6.5%
$2,880,000
7%
$2,675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,170,000
Current use
RESTAURANT
$3,620,000
Change: +14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,050,000
Change: -4% · Conversion: Easy
MEDICAL BUILDING
$2,755,000
Change: -13% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,595,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±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
$215 / 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
$32,011
Tax year 2024
Assessed value
$180,890
Assessed 2024
Previous assessed
$180,890
+0.0% YoY
Effective rate
17.70%
On assessed value
Assessed land
$27,950
Assessed improvement
$152,940
Land market value
$382,875
Improvement market value
$2,095,059
Total market value
$2,477,934
Applied tax rate
9.0000
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
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
YES
Stories
1
Units
1
Total area
11,168 SF
Lot
1.85 ac (80,542 SF)
Zoning code
C3
APN
09-009-032-002
UPID
US73-0046858
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C3 · Doylestown, PA
Zoning C3 · permitted uses
C3 · Doylestown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Doylestown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.2M
RESTAURANT
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.6M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1970
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Doylestown Hospital
Individual
Mailing address
14 MEMORIAL DR STE A, DOYLESTOWN, PA 18901-3529
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2022
—
14 Memorial Drive LLC
—
Deed
related
$733,894 · Bank Of America NA
Jul 25, 2012
—
Doylestown Hospital
Doylestown Hospital
Quit Claim Deed
related
—
Sep 6, 2011
—
14 Memorial Drive LLC
Sfm Office Associates LP
Grant Deed
$1,800,000 · Monument Bank
Oct 29, 2008
—
Doylestown Township
Doylestown Hospital
Quit Claim Deed
related
—
Jun 27, 2007
—
Doylestown Hospital
Jjg Realty Associates
Grant Deed
—
Jun 27, 2007
$3,500,000
Sfm Office Associates
Jjg Realty Associates
Grant Deed
—
Dec 31, 2003
—
Jjg Realty Associates LP
Gribb,mary A Tr
Grant Deed
related
—
Dec 26, 2003
—
Mary A Gribb
Barbin,harry C Tr
Grant Deed
related
—
—
—
Jjg Realty Associates
—
Deed Of Trust
related
$2,000,000 · Pnc Bank
—
—
14 Memorial Drive LLC
—
Deed Of Trust
related
$375,000 · Monument Bank
—
—
14 Memorial Drive LLC
—
Deed Of Trust
related
$25,000 · Monument 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.
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