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Property profile & analytics
OFF-MARKET
Warehouses
1525 Frd Rd Bensalem, PA 19020-4505
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0128210
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Total area
18,354 SF
Lot
1.58 ac (68,694 SF)
Zoning code
MI
APN
02-045-036-002
UPID
US73-0128210
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
-
Philly Pretzel Factory Home Office Corporate Office
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
Pretzel 98 LLC · 1 yrs held
Pretzel 98 LLC
since 2025
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
MI · Bensalem, 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 Bensalem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensalem 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
$32,326
Tax year 2024
Assessed value
$148,080
Assessed 2024
Previous assessed
$148,080
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$30,920
Assessed improvement
$117,160
Land market value
$423,560
Improvement market value
$1,604,925
Total market value
$2,028,485
Applied tax rate
2.0000
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
1996
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
18,354 SF
Lot
1.58 ac (68,694 SF)
Zoning code
MI
APN
02-045-036-002
UPID
US73-0128210
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MI · Bensalem, PA
Zoning MI · permitted uses
MI · Bensalem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensalem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Pretzel 98 LLC
Entity
Mailing address
1525 FRD RD, BENSALEM, PA 19020-4505
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$4,300,000
Pretzel 98 LLC
Feinberg Realty Associates
Deed
$3,440,000 · Mid Penn Bank
Jan 16, 2020
—
Pretzel 98 LLC
—
Deed
related
$200,000 · Td Bank NA
Feb 6, 2017
$1,255,000
Pretzel 98 LLC
Bucks County Industrial Development
Deed
$1,000,000 · Td Bank NA
Jun 27, 2008
$1,200,000
Sovereign Bank
Bucks Cnty Indl Dev Authority
Grant Deed
related
—
Oct 23, 2007
$1,170,000
Bucks Cnty Indl Dev Authority
1525 Ford Road
Grant Deed
—
Apr 30, 2002
—
1525 Ford Road Partnership
1525 Ford Road Partnership
Quit Claim Deed
related
$725,000 · Fleet National Bank
—
—
1525 Ford Road Ptshp
—
Deed Of Trust
related
$400,000 · Fleet National Bank
—
—
Bucks Cnty Indl Dev Authority
—
Deed Of Trust
related
$960,000 · Sovereign Bank
—
—
Bucks Cnty Indl Dev Authority
—
Deed Of Trust
related
$240,000 · Sovereign 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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