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Property profile & analytics
FOR LEASE
Office buildings
1806 Deep Run Rd # Pipersville, PA 18947
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2368791
For Lease
1 / 35
$3,875/Mo
1806 Deep Run Rd,Unit #, Pipersville, PA 18947
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
15,446 SF
Lot
3.29 ac (143,312 SF)
Zoning code
C2
APN
01-012-136
UPID
US73-2368791
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
-
Elder Elegance Inc Hair Salon Nail Salon
-
Crews Surveying, LLC Land Surveyor Civil Engineering Company
-
Piper Classics Home Decor Store Furniture & Home Goods
-
Hendricks Daniel R Home Appliance Store
-
The Mystics Garden Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.80M
Owner & transaction history
7036erd1 LLC · 7 yrs held
7036erd1 LLC
since 2019
7 recorded transactions
Zoning & alternative use
C2 · Pipersville, 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 Pipersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pipersville 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
NEIGHBORHOOD: SHOPPING CENTER
$2,795,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±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
$117 / 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
$18,066
Tax year 2024
Assessed value
$106,140
Assessed 2024
Previous assessed
$106,140
+0.0% YoY
Effective rate
17.02%
On assessed value
Assessed land
$23,040
Assessed improvement
$83,100
Land market value
$315,615
Improvement market value
$1,138,351
Total market value
$1,453,966
Applied tax rate
1.0000
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
For Lease
Year built
2003
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
15,446 SF
Lot
3.29 ac (143,312 SF)
Zoning code
C2
APN
01-012-136
UPID
US73-2368791
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Pipersville, PAZoning C2 · permitted uses
C2 · Pipersville, PA
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
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
2003
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.29 ac
Current owner
From public records · entity-resolved
7036erd1 LLC
Entity
Mailing address
5 SHELLEY DR, MASSAPEQUA, NY 11758-8526
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2019
$1,100,000
7036erd1 LLC
Neebe,glenn
Grant Deed
—
Feb 6, 2001
$215,000
Glenn Neebe
Osmun,jeffrey E & Cindy C
Grant Deed
—
Jul 29, 1997
$340,000
Jeffrey E Osmun
Ciocca,gregg R
Grant Deed
$272,000 · Premier Bank
—
—
George G Faulkner
—
Deed Of Trust
related
$245,000 · Bucks County Bank & Trust
—
—
Glenn W Neebe
—
Deed Of Trust
related
$200,000 · Quakertown National Bank
—
—
Glenn W Neebe
—
Deed Of Trust
related
$160,000 · Quakertown National Bank
—
—
Jeffrey E Osmun
—
Deed Of Trust
related
$125,000 · Premier 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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