New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,240,000
Warehouses
1424 Easton Rd, Horsham, PA 19044-1424
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US73-0328204
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1972
Total area
116,399 SF
Lot
6.48 ac (282,269 SF)
Zoning code
GC2
APN
36-00-03908-00-7
UPID
US73-0328204
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
-
Msc Warehousing and Fulfillment Trucking Company
-
Nicholas Kane, Prime Real Estate Team LLC Real Estate Agency
-
East Coast Spas (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
-
Foundation Abstract LLC Title Company
-
CnR Homes, LLC Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$3.24M
Owner & transaction history
Fourteen Twendy Four LP · 25 yrs held
Fourteen Twendy Four LP
since 2001
4 recorded transactions
Zoning & alternative use
GC2 · Horsham, 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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
Blend value · Realmo final
$3.24M
Range $2.92M – $3.56M · ±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
$28 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$94,339
Tax year 2023
Assessed value
$2,400,000
Assessed 2024
Previous assessed
$2,400,000
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$970,050
Assessed improvement
$1,429,950
Land market value
$970,050
Improvement market value
$1,429,950
Total market value
$2,400,000
Applied tax rate
36.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Total area
116,399 SF
Lot
6.48 ac (282,269 SF)
Zoning code
GC2
APN
36-00-03908-00-7
UPID
US73-0328204
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GC2 · Horsham, PA
Zoning GC2 · permitted uses
GC2 · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horsham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Lot
6.48 ac
Current owner
From public records · entity-resolved
Fourteen Twendy Four LP
Entity
Mailing address
1424 EASTON RD STE #400, HORSHAM, PA 19044-1424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2001
—
Fourteen Twendy Four LP
Fourteen Twendy Four LLP
Quit Claim Deed
related
$2,900,000 · Yardville National Bank
Feb 27, 1999
$1,200,000
Dca Partnership
Mountgomery County Industrial
Trustees Deed
—
Feb 27, 1999
$2,075,000
Fourteen Twenty Four
Dca Partnership
Trustees Deed
$1,660,000 · Yardville National Bank
—
—
Fourteen Twenty Four
—
Deed Of Trust
related
$2,410,936 · Yardville 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 1424 Easton Rd?
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.
