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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Auto shops
1440 Sleepy Holw Rd Quakertown, PA 18951-2034
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-2535605
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1957
Total area
4,280 SF
Lot
11.86 ac (516,404 SF)
Zoning code
RA
APN
23-001-046
UPID
US73-2535605
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
-
LB Water Quakertown Water Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.01M
Owner & transaction history
L B Water Properties LLC · 1 yrs held
L B Water Properties LLC
since 2025
Last sale
$840,000
4 recorded transactions
Zoning & alternative use
RA · Quakertown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+6.2%
Commercial (general)
$1.0M
+3.0%
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 Quakertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quakertown 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
$1,080,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$995,000
Current use
MEDICAL BUILDING
$1,055,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,025,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$885,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$850,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $840k (Mar 31 2020)
Last sale anchor
$840k
Mar 31 2020
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
$235 / 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
$13,632
Tax year 2024
Assessed value
$67,600
Assessed 2024
Previous assessed
$67,600
+0.0% YoY
Effective rate
20.17%
On assessed value
Assessed land
$9,480
Assessed improvement
$58,120
Land market value
$129,862
Improvement market value
$796,161
Total market value
$926,023
Applied tax rate
23.0000
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
1957
Heating
CENTRAL
Cooling
NONE
Buildings
3
Stories
1
Total area
4,280 SF
Lot
11.86 ac (516,404 SF)
Zoning code
RA
APN
23-001-046
UPID
US73-2535605
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RA · Quakertown, PA
Zoning RA · permitted uses
RA · Quakertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quakertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$995,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
OFFICE BUILDING
Est. value
$885,000
RETAIL STORES
Est. value
$850,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1957
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
11.86 ac
Current owner
From public records · entity-resolved
L B Water Properties LLC
Entity
Mailing address
540 S HIGH ST, SELINSGROVE, PA 17870-1302
Ownership since
2025
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
Mar 14, 2025
$640,000
L B Water Properties LLC
Heffentrager Properties LLC
Special Warranty Deed
—
Sep 24, 2020
—
L B Water Properties LLC
—
Deed
related
$1,000,000 · The Northumberland National Bank
Mar 31, 2020
$840,000
L & B Water Properties LLC
Ray M Heffentrager
Grant Deed
—
Nov 14, 2019
—
Linda A Heffentrager
Ray M Heffentrager
Quitclaim Deed
related
—
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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