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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Auto shops
1816 Horseshoe Pike, Honey Brook, PA 19344-8500
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-0205527
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
21,560 SF
Lot
8.3 ac (361,548 SF)
Zoning code
LI
APN
2904 00260000
UPID
US73-0205527
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
-
Cycle Max Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$795k
Owner & transaction history
Clifford J Murray III · 15 yrs held
Clifford J Murray III
since 2010
7 recorded transactions
Zoning & alternative use
LI · Honey Brook, 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 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
by Request
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$37 / 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
$31,663
Tax year 2024
Assessed value
$632,340
Assessed 2024
Previous assessed
$632,340
+0.0% YoY
Effective rate
5.01%
On assessed value
Assessed land
$44,070
Assessed improvement
$588,270
Land market value
$44,070
Improvement market value
$596,420
Total market value
$640,490
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
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Total area
21,560 SF
Lot
8.3 ac (361,548 SF)
Zoning code
LI
APN
2904 00260000
UPID
US73-0205527
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.
Building & site characteristics
From public records
Year built
1997
Heating
HEAT PUMP
Cooling
Yes
Buildings
2
Lot
8.3 ac
Current owner
From public records · entity-resolved
Clifford J Murray III
Individual
Mailing address
1137 7TH OAKS RD, CHESTER SPRINGS, PA 19425-2011
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2010
—
Clifford J Murray III
Murray,clifford J III & Regina D
Quit Claim Deed
related
—
Oct 14, 2002
$1,100,000
Clifford J Murray
Warner & Warner
Grant Deed
$749,786 · First Financial Bank NA
—
—
Clifford J Murray III
—
Deed Of Trust
related
$250,000 · Wilmington Svgs Fund Society F
—
—
Clifford J Murray III
—
Deed Of Trust
related
$960,000 · Wilmington Svg Fund Societyfsb
—
—
William D March
—
Deed Of Trust
related
$400,000 · Pnc Bank
—
—
Clifford J Murray
—
Deed Of Trust
related
$300,000 · Willow Financial Bank
—
—
Clifford J Murray
—
Deed Of Trust
related
$1,000,000 · Willow Financial Bank
—
—
Clifford J Murray
—
Deed Of Trust
related
$130,000 · First Financial Bank Fsb
—
—
Clifford J Murray
—
Deed Of Trust
related
$100,000 · First Financial Bank NA
—
—
Clifford J Murray III
—
Deed Of Trust
related
$465,000 · First Financial Bank NA
—
—
William D March
—
Deed Of Trust
related
$249,000 · Pnc Bank
—
—
William D March
—
Deed Of Trust
related
$250,000 · Pnc Bank
—
—
William D March
—
Deed Of Trust
related
$350,000 · Pnc 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
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