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Property profile & analytics
OFF-MARKET
Estimated value
$9,990,000
Office buildings
16 Campus Blvd Newtown Square, PA 19073-3229
Entity Owned
29-yr Hold
~
Est. High Equity
Property ID
US73-2187038
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
76,977 SF
Lot
11.92 ac (519,322 SF)
APN
30-00-00429-17
UPID
US73-2187038
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
-
CORE Insurance Group Insurance Agency
-
Creative Financial Group Financial Advisor
-
Senior Home Service Nursing Home Home Health Care Service
-
NewSquare Capital, LLC Financial Advisor
-
Holistic Financial Planners Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.96M
Blend (final)
Blend
$9.99M
Owner & transaction history
LP Newtech IV · 29 yrs held
LP Newtech IV
since 1997
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$15.5M
+77.2%
Auto repair, garage
$9.1M
+4.5%
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 Newtown Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown Square 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,740,000
Current use
COMMERCIAL (GENERAL)
$15,490,000
Change: +77% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,135,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$9.99M
Range $8.99M – $10.99M · ±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
$130 / 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
$185,873
Tax year 2024
Assessed value
$11,169,310
Assessed 2024
Previous assessed
$11,169,310
+0.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$841,570
Assessed improvement
$10,327,740
Total market value
$11,169,310
Applied tax rate
3,006.0000
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
1990
Heating
NONE
Cooling
CENTRAL
Total area
76,977 SF
Lot
11.92 ac (519,322 SF)
APN
30-00-00429-17
UPID
US73-2187038
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.7M
COMMERCIAL (GENERAL)
Est. value
$15.5M
AUTO REPAIR, GARAGE
Est. value
$9.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
1990
Heating
NONE
Cooling
Yes
Lot
11.92 ac
Current owner
From public records · entity-resolved
LP Newtech IV
Entity
Mailing address
16 CAMPUS BLVD STE #200, NEWTOWN SQUARE, PA 19073-3229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 1997
—
LP Newtech IV
—
Deed Of Trust
related
$80,000,000 · Nationsbank NA Trustee
—
—
LP Newtech III
—
Deed Of Trust
related
$7,500,000 · Pnc Bank
—
—
LP Newtech III
—
Deed Of Trust
related
$5,500 · Metropolitan Life Insurance
—
—
LP Newtech III
—
Deed Of Trust
related
$6,030,000 · Metropolitan Life Insurance
—
—
Newtech III
—
Deed Of Trust
related
$2,000,000 · National Penn 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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