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Property profile & analytics
OFF-MARKET
Warehouses
1634 Mearns Rd Warminster, PA 18974-1116
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-5956285
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Total area
1,285 SF
Lot
5.29 ac (230,258 SF)
Zoning code
LI
APN
51-013-009
UPID
US73-5956285
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
-
Metro Self Storage - Warminster Storage Facility
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
Metro Storage Warminster LLC · 11 yrs held
Metro Storage Warminster LLC
since 2015
7 recorded transactions
Zoning & alternative use
LI · 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
—
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
$57,696
Tax year 2024
Assessed value
$331,470
Assessed 2024
Previous assessed
$331,470
+0.0% YoY
Effective rate
17.41%
On assessed value
Assessed land
$37,000
Assessed improvement
$294,470
Land market value
$506,847
Improvement market value
$4,033,818
Total market value
$4,540,665
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
1,285 SF
Lot
5.29 ac (230,258 SF)
Zoning code
LI
APN
51-013-009
UPID
US73-5956285
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Warminster, PA
Zoning LI · permitted uses
LI · 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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
5.29 ac
Current owner
From public records · entity-resolved
Metro Storage Warminster LLC
Entity
Mailing address
13528 W BOULTON BLVD, METTAWA, IL 60045-4501
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2015
$6,782,720
Metro Storage Warminster LLC
Pfg Mearns Road LP
Grant Deed
—
Aug 21, 2012
—
Pfg Mearns Road LP
—
Trustees Deed
related
$450,000 · Susquehanna Bank
Nov 30, 2007
$3,000,000
Pfg Mearns Road LP
Stop N Stor LLC
Special Warranty Deed
$3,880,000 · Communitybanks
Mar 18, 2002
—
Stopn Stor LLC
Danny Jake Corp
Grant Deed
$2,500,000 · Willow Grove Bank
Dec 10, 2001
—
Danny Jake Corp
Pesci,james
Grant Deed
related
—
—
—
Richard G Orlando
—
Deed Of Trust
related
$198,000 · Sovereign Bank
—
—
Pfg Mearns Road LP
—
Deed Of Trust
related
$4,485,118 · Susquehanna Bank
—
—
Pfg Mearns Road LP
—
Deed Of Trust
related
$5,423,041 · Susquehanna 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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