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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Warehouses
1799 Horseshoe Pike Honey Brook, PA 19344-9434
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2604437
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Total area
10,993 SF
Lot
11.9 ac (518,364 SF)
Zoning code
LI
APN
2904 00020000
UPID
US73-2604437
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
-
Trucks & Parts of Pennsylvania Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.75M
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$2.14M
Owner & transaction history
Horseshoe Realty LLC · 5 yrs held
Horseshoe Realty LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
LI · Honey Brook, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+70.7%
Restaurant
$2.4M
+61.8%
Auto repair, garage
$2.4M
+59.8%
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 Honey Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honey Brook 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
$2,645,000
ML approach
$2,745,000
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,470,000
Current use
COMMERCIAL (GENERAL)
$2,510,000
Change: +71% · Conversion: Difficult
RESTAURANT
$2,380,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,350,000
Change: +60% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,085,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$2,045,000
Change: +39% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,395,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.05M (Mar 3 2021)
Last sale anchor
$2.05M
Mar 3 2021
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
$194 / 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
$43,864
Tax year 2024
Assessed value
$876,010
Assessed 2024
Previous assessed
$876,010
+0.0% YoY
Effective rate
5.01%
On assessed value
Assessed land
$139,500
Assessed improvement
$736,510
Land market value
$139,500
Improvement market value
$841,330
Total market value
$980,830
Applied tax rate
29.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1986
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
2
Rooms
5
Bathrooms
1
Total area
10,993 SF
Lot
11.9 ac (518,364 SF)
Zoning code
LI
APN
2904 00020000
UPID
US73-2604437
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Honey Brook, PA
Zoning LI · permitted uses
LI · Honey Brook, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honey Brook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1986
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Rooms
5
Bathrooms
1
Lot
11.9 ac
Current owner
From public records · entity-resolved
Horseshoe Realty LLC
Entity
Mailing address
1015 S 50TH ST, TAMPA, FL 33619-3629
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2021
$2,050,000
Horseshoe Realty LLC
Glenmoor Properties INC
Deed
$1,640,000 · Vast Bank NA
Sep 8, 2016
—
Ld Acquisition Co 18 LLC
—
Deed
related
$64,000,000 · Legacy Bk/tx
May 10, 2004
—
Glenmoore Properties INC
—
Trustees Deed
related
$400,000 · Affinity Bank Pa
—
—
Glenmoore Properties INC
—
Deed Of Trust
related
$600,000 · Affinity Bank Pa
—
—
Glenmoore Properties INC
—
Deed Of Trust
related
$125,000 · Fulton Bank
—
—
Glenmore Properties INC
—
Deed Of Trust
related
$200,000 · Fulton Bank
—
—
Ld Acquisition Co 18 LLC
—
Deed Of Trust
related
$64,000,000 · Legacy Bk/tx
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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