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    Property profile & analytics

    218 Main St Sellersville, PA 18960-2529

    • Retail space
    • 5,500 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2353496
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chiaro's Pizzeria & Restaurant Sellersville / Salad Shop / Cheesesteak Restaurant
    • Sellersville Pharmacy / Pharmacy / Drug Store
    • Dusanka Trifunovic / Pharmacy
    • Jignesh Patel / Pharmacy

    Property Details for 218 Main St

    Year built
    1946
    Lot size
    0.99 lot acres
    Property size
    5,500 SF
    Zone code
    NC
    Property type
    Retail space
    APN
    39-008-028
    APU
    39008028

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $862,000
      Market price range: $601k - $1.70M
      AI Estimate
      $457,000
      Market price range: $251k - $924k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,090,000
      Current use
      OFFICE BUILDING
      $1,140,000
      Change: +5% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $995,000
      Change: -9% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sellersville
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.3067
    Latitude
    40.3545
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,624
    $11,040
    $44,960
    $56,000
    -
    $151,232
    $615,888
    $767,120

    Comparable in this City

    • Value Estimation
      $825,000
      7,100 SF

      100 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,100 SF
      100 Main St, Sellersville, PA 18960-2330
      View Details
    • Value Estimation
      $570,000
      5,232 SF

      94 Br St

      RETAIL STORES (PERSONAL SERVICES) • 5,232 SF
      94 Br St, Sellersville, PA 18960-2318
      View Details
    • Value Estimation by Request
      3,062 SF

      10 Maple Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,062 SF
      10 Maple Ave, Sellersville, PA 18960-2334
      View Details
    • Value Estimation
      $520,000
      3,439 SF

      253 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,439 SF
      253 Main St, Sellersville, PA 18960-2350
      View Details
    • Value Estimation
      $980,000
      7,904 SF

      800 Bethlehem Pike

      RETAIL STORES (PERSONAL SERVICES) • 7,904 SF
      800 Bethlehem Pike, Sellersville, PA 18960-1610
      View Details
    • Value Estimation
      $885,000
      8,142 SF

      200 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,142 SF
      200 Main St, Sellersville, PA 18960-2369
      View Details

    Similar Nearby for Sale

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      Adaptable Commercial Property on Ridge Road

      Versatile 2.21-acre property suitable for retail, workshop, or expansion.
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      High-visibility retail space, ample parking.
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      Sellersville Commercial Land - Prime Location

      2.86 Acres, Development Ready, Excellent Access
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      Sellersville Office Building - $435K

      1,960 SF Office, High Visibility
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    • $240,000

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    Similar Nearby for Lease

    • $21 SF/Yr
      5,184 SF

      Sellersville Retail Space - Main Street

      Prime Sellersville retail space, high visibility.
      209 Main St, Sellersville, PA 18960
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    • $6,000 /Mo

      Prime Retail Space in Sellersville

      Exceptional leasing opportunity in Sellersville with high visibility and foot traffic.
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      View Details
    • Contact for pricing
      1,539 SF

      Sellersville Retail Space - Prime Location

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      835 Lawn Ave, Sellersville, PA 18960
      View Details
    • Contact for pricing
      2,645 SF

      Sellersville Executive Office Space

      Prime Bucks County Office, 2645 sq ft
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    • $4,000 /Mo

      New Warehouse with 14' Ceilings

      80' x 50' warehouse with heat/AC, spray foam insulation.
      904 Ridge Rd, Sellersville, PA 18960
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    • $2,200 /Mo
      1,340 SF

      Sellersville Home with Fenced Backyard

      Affordable Sellersville home featuring renovated kitchen and private fenced backyard.
      526 Barrington Ct, Sellersville, PA 18960
      View Details
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    218 Main St
    Sellersville, PA 18960-2529
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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