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Property profile & analytics
OFF-MARKET
Estimated value
$5,360,000
Warehouses
201 Pheasant Run Newtown, PA 18940-1822
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2227806
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
25,420 SF
Lot
4.71 ac (205,080 SF)
Zoning code
LI
APN
29-010-133
UPID
US73-2227806
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.30M
CAP Approach
CAP
$4.00M
Comparable Approach
Comparable
$4.45M
Blend (final)
Blend
$5.36M
Owner & transaction history
Vv375 LLC · 5 yrs held
Vv375 LLC
since 2021
Last sale
$5.5M
4 recorded transactions
Zoning & alternative use
LI · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.2M
+178.9%
Apartment house (5+ units)
$6.9M
+134.9%
Office building
$6.4M
+115.7%
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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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
$6,345,000
ML approach
$6,295,000
CAP Approach
CAP Return
Estimation
6%
$4,335,000
6.5%
$4,000,000
7%
$3,715,000
Alternative Use
Use
Estimation
RESTAURANT
$8,245,000
Change: +179% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,945,000
Change: +135% · Conversion: Difficult
OFFICE BUILDING
$6,375,000
Change: +116% · Conversion: Difficult
MEDICAL BUILDING
$6,275,000
Change: +112% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,080,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,905,000
Change: +100% · Conversion: Easy
RETAIL STORES
$5,035,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$5.36M
Range $4.82M – $5.90M · ±10% · vs last sale $5.53M (Feb 11 2021)
Last sale anchor
$5.53M
Feb 11 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
$211 / 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
$93,752
Tax year 2024
Assessed value
$527,520
Assessed 2024
Previous assessed
$527,520
+0.0% YoY
Effective rate
17.77%
On assessed value
Assessed land
$105,000
Assessed improvement
$422,520
Land market value
$1,438,350
Improvement market value
$5,787,920
Total market value
$7,226,270
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
25,420 SF
Lot
4.71 ac (205,080 SF)
Zoning code
LI
APN
29-010-133
UPID
US73-2227806
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Newtown, PAZoning LI · permitted uses
LI · Newtown, 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
RESTAURANT
Est. value
$8.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.9M
RETAIL STORES
Est. value
$5.0M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1974
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
4.71 ac
Current owner
From public records · entity-resolved
Vv375 LLC
Entity
Mailing address
111 PRESIDENTIAL BLVD STE #250, BALA CYNWYD, PA 19004-1023
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
Vv375 LLC
—
Deed
related
$235,000 · Meridian Bank
Feb 11, 2021
$5,530,000
Vv375 LLC
Lang Associates Property LLC
Deed
$4,256,250 · Meridian Bank
Apr 26, 2019
—
Lang Associates Property LLC
Lang Associates Property LLC
Quit Claim Deed
related
—
Sep 27, 2018
$1,924
Lang Associates Property LLC
Bucks Cnty Indl Dev Authority
Quit Claim Deed
related
—
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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