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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Skating rinks
1621 Mearns Rd, Warminster, PA 18974-1115
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2115117
Property profile
Verified
Property type
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Year built
1995
Total area
69,300 SF
Lot
9.81 ac (427,149 SF)
Zoning code
FF
APN
51-013-062
UPID
US73-2115117
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
-
R J Fries & Sons Construction Company General Contractor
-
MainStream Hockey Sports Field & Court (Bike/Boat/Book/etc) Store
-
MainStream Hockey Pro Shop (Bike/Boat/Book/etc) Store
-
The Revolution Ice Gardens Ice Skating Rink
-
Aspire Sports Medicine Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
Revolution Ice Rink LLC · 7 yrs held
Revolution Ice Rink LLC
since 2019
7 recorded transactions
Zoning & alternative use
FF · Warminster, 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 Warminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warminster 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
$32 / 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
$23,359
Tax year 2024
Assessed value
$134,200
Assessed 2024
Previous assessed
$134,200
+0.0% YoY
Effective rate
17.41%
On assessed value
Assessed land
$37,400
Assessed improvement
$96,800
Land market value
$512,327
Improvement market value
$1,326,022
Total market value
$1,838,349
Applied tax rate
51.0000
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
Skating rinks
Use group
SKATING RINK, ICE SKATING, ROLLER SKATING
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
69,300 SF
Lot
9.81 ac (427,149 SF)
Zoning code
FF
APN
51-013-062
UPID
US73-2115117
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
FF · Warminster, PA
Zoning FF · permitted uses
FF · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
9.81 ac
Current owner
From public records · entity-resolved
Revolution Ice Rink LLC
Entity
Mailing address
1621 MEARNS RD #701, WARMINSTER, PA 18974-1115
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2019
—
Revolution Ice Rink LLC
—
Deed
related
$400,000 · Customers Bank
Mar 5, 2019
$1,291,004
Revolution Ice Rink LLC
Warwick Realty Co LP
Grant Deed
—
Oct 2, 2006
$2,500,000
Warwick Realty Co
Dudlik,edward R JR
Grant Deed
$4,375,000 · Fox Chase Bank
Nov 17, 2003
$10,000
Warwick Meadows V LLC
Dudlik,edward R
Grant Deed
—
Sep 22, 2003
—
Edward R Dudlik
—
Trustees Deed
related
$1,911,000 · Abington Bank
Aug 23, 1999
—
Edward R Dudik
—
Deed Of Trust
related
$1,000,000 · Abington Bank
—
—
Warwick Realty Co LP
—
Deed Of Trust
related
$5,104,000 · Fulton Bank
—
—
Warwick Realty Co LP
—
Deed Of Trust
related
$440,000 · Fulton Bank
—
—
Edward R Dudlik
—
Deed Of Trust
related
$1,000,000 · Abington Bank
—
—
Edward R Dudlik
—
Deed Of Trust
related
$1,269,920 · Abington 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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