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Property profile & analytics
FOR LEASE
Office buildings
1900 Am Dr, Quakertown, PA 18951
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-0170265
For Lease
1 / 2
$18 SF/Yr
1900 Am Dr, Quakertown, PA 18951
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
47,016 SF
Lot
6.38 ac (277,869 SF)
Zoning code
PI
APN
23-002-150-001
UPID
US73-0170265
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
-
KSE Engineering Engineer
-
Upper Bucks Allergy, Asthma & Immunology Medical Clinic
-
Upper Bucks ENT Medical Clinic
-
Fleetrock (Bike/Boat/Book/etc) Store Corporate Office
-
Oricare Inc Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.41M
Blend (final)
Blend
$5.59M
Owner & transaction history
Station Works Limited Liability Com · 7 yrs held
Station Works Limited Liability Com
since 2019
7 recorded transactions
Zoning & alternative use
PI · Quakertown, 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 Quakertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quakertown 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
$8,515,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$5.59M
Range $5.03M – $6.14M · ±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
$119 / 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
$80,019
Tax year 2024
Assessed value
$396,800
Assessed 2024
Previous assessed
$396,800
+0.0% YoY
Effective rate
20.17%
On assessed value
Assessed land
$70,120
Assessed improvement
$326,680
Land market value
$960,544
Improvement market value
$4,475,049
Total market value
$5,435,593
Applied tax rate
23.0000
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
1983
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
47,016 SF
Lot
6.38 ac (277,869 SF)
Zoning code
PI
APN
23-002-150-001
UPID
US73-0170265
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PI · Quakertown, PA
Zoning PI · permitted uses
PI · Quakertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quakertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.5M
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
1983
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
6.38 ac
Current owner
From public records · entity-resolved
Station Works Limited Liability Com
Individual
Mailing address
118 FRY RD, DOYLESTOWN, PA 18901-5014
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
—
Station Works Limited Liabilty Comp
—
Deed
related
$3,200,000 · Qnb Bank
May 13, 2019
$3,150,000
Station Works Limited Liability Com
Qioc LP
Deed
$252,000 · Penn Community Bank
Jan 28, 2019
—
Qioc LP
—
Deed
related
$3,000,000 · Peapack Gladstone Bank
Mar 13, 2013
—
Qioc LP
—
Deed Of Trust
related
$3,076,840 · Univest Bank & Trust Co
Feb 22, 2013
$100,000
Qioc LP
Qioc LP
Grant Deed
related
—
Aug 18, 2011
—
Qioc LP
—
Deed Of Trust
related
$3,200,000 · Univest Bank & Trust Co
Jun 2, 2005
$2,162,000
Qioc LP
Lasalle Business Credit LLC
Deed
$1,620,000 · Wachovia Bank NA
Apr 1, 2004
—
Federal Bk Natl Assn Standard
Am Communications INC
Grant Deed
related
—
May 22, 2002
—
Am Communications INC
Horsham Industrial & Commercia
Grant Deed
$1,923,750 · Comerica Bank-california
—
—
Qioc
—
Deed Of Trust
related
$3,500,000 · Univest National Bank & Tr Co
—
—
Qioc LP
—
Deed Of Trust
related
$4,000,000 · First Choice Bank
—
—
Am Communications INC
—
Deed Of Trust
related
$3,200,000 · Lasalle Business Credit INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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