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Property profile & analytics
OFF-MARKET
Office buildings
2291 Bristol Pike Bensalem, PA 19020-5758
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-2614618
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1855
Total area
2,012 SF
Lot
0.53 ac (23,087 SF)
Zoning code
C
APN
02-061-166
UPID
US73-2614618
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
-
DOUGLAS BRAUN, Prime Real Estate Team Real Estate Agency
-
Edgar Packer, Salomon Realty LLC Real Estate Agency
-
Nicholas Kane, Salomon Realty LLC Real Estate Agency
-
Linda Bowes, Realtor Prime Real Estate Team LLC Real Estate Agency
-
The GST Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Salomon Realty LLC · 9 yrs held
Salomon Realty LLC
since 2016
6 recorded transactions
Zoning & alternative use
C · Bensalem, 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 Bensalem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensalem 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,160
Tax year 2024
Assessed value
$32,800
Assessed 2024
Previous assessed
$32,800
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$19,800
Assessed improvement
$13,000
Land market value
$271,232
Improvement market value
$178,081
Total market value
$449,313
Applied tax rate
2.0000
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
Off-Market
Year built
1855
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
2,012 SF
Lot
0.53 ac (23,087 SF)
Zoning code
C
APN
02-061-166
UPID
US73-2614618
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Bensalem, PA
Zoning C · permitted uses
C · Bensalem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensalem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1855
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Salomon Realty LLC
Entity
Mailing address
2291 BRISTOL PIKE, BENSALEM, PA 19020-5758
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2019
—
Salomon Realty LLC
—
Deed
related
$100,000 · Citadel FCU
Dec 14, 2018
—
Saloman Realty LLC
—
Deed
related
$200,000 · Citadel FCU
Dec 14, 2016
$250,000
Salomon Realty LLC
Smith,w Michael & Judith A
Grant Deed
$187,500 · W Michael & Judith A Smith
Apr 4, 1997
$50,000
Smith W M
Gerner,samuel J & Gerrilyn
Grant Deed
$325,000 · Individual
—
—
Smith W M
—
Deed Of Trust
related
$120,000 · Wachovia Bank NA
—
—
Smith W M
—
Deed Of Trust
related
$50,000 · Individual
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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