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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2304 Brownsville Rd Trevose, PA 19053-2499

    • Retail residential properties
    • 2,489 SF
    • 37.23 lot acres
    OFF-MARKET
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2434326
    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

    • BarefootChris.net Web Design / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • The Barefoot Tutor / Tutoring Service

    Property Details for 2304 Brownsville Rd

    Year built
    1800
    Lot size
    37.23 lot acres
    Property size
    2,489 SF
    Zone code
    MPH
    Property type
    Retail residential properties
    APN
    21-023-149
    APU
    21023149

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $555,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $560,000
      6.5%
      $515,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $529,000
      Market price range: $215k - $530k
      AI Estimate
      $474,000
      Market price range: $196k - $474k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $360,000
      Current use
      AUTO REPAIR, GARAGE
      $775,000
      Change: +115% Conversion: Difficult
      MEDICAL BUILDING
      $615,000
      Change: +70% Conversion: Easy
      RETAIL STORES
      $515,000
      Change: +42% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $450,000
      Change: +25% Conversion: Difficult
      OFFICE BUILDING
      $445,000
      Change: +23% Conversion: Easy
      WAREHOUSE, STORAGE
      $330,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Trevose
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9681
    Latitude
    40.1607
    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
    $152,336
    $699,920
    $16,080
    $716,000
    -
    $9,587,903
    $220,273
    $9,808,176

    Comparable in this City

    • Value Estimation by Request
      3,384 SF

      1704 Brownsville Rd

      STORE/OFFICE (MIXED USE) • 3,384 SF
      1704 Brownsville Rd, Trevose, PA 19053-3363
      View Details
    • Value Estimation by Request
      921 SF

      16 Ruth St

      STORES & APARTMENTS • 921 SF
      16 Ruth St, Feasterville Trevose, PA 19053-4154
      View Details
    • Value Estimation by Request
      3,240 SF

      149 Bustleton Pike

      STORES & APARTMENTS • 3,240 SF
      149 Bustleton Pike, Feasterville Trevose, PA 19053-6456
      View Details
    • Value Estimation by Request
      1,152 SF

      333 Bustleton Pike

      STORES & APARTMENTS • 1,152 SF
      333 Bustleton Pike, Feasterville Trevose, PA 19053-6455
      View Details
    • Value Estimation by Request
      2,302 SF

      3250 Oakford Ave

      STORES & APARTMENTS • 2,302 SF
      3250 Oakford Ave, Langhorne, PA 19053-6606
      View Details
    • Value Estimation by Request
      1,064 SF

      430 Clearview Ave

      STORES & APARTMENTS • 1,064 SF
      430 Clearview Ave, Feasterville Trevose, PA 19053-3364
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,600 SF

      Turnkey Dental Office Space Available

      Fully equipped dental office for sale in prime location.
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      Feasterville Trevose Office For Sale

      Professional office space in Feasterville Business Campus, ideal location.
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      Restaurant endcap available in grocery-anchored shopping center.
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      0.12 Acres

      Vacant Land in Feasterville Trevose

      Vacant land available for sale in Feasterville Trevose, PA.
      Crocus Rd, Feasterville Trevose, PA 19053
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    • $339,000

      Fully Leased Multi-Tenant Office

      Three-story office building with five long-term tenants and stable income.
      1032 Millcreek Dr, Feasterville Trevose, PA 19053
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    • Contact for pricing
      0.99 Acres

      Feasterville-Trevose Commercial Land

      Prime Bucks County development site, 0.99 acres.
      4797 Street Rd, Feasterville-Trevose, PA 19053
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Feasterville-Trevose Commercial Land

      6.74 Acres, Single Tenant Potential
      4610 Street Rd, Feasterville-Trevose, PA 19053
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    • Contact for pricing
      118,000 SF

      Bucks County Warehouse - 118,000 SF

      Prime Suburban Philly Warehouse Space
      4667 Somerton Rd, Trevose, PA 19053
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    • Contact for pricing
      4,586 SF

      Feasterville-Trevose Office Space Available

      Office space available for rent in Feasterville-Trevose, PA.
      101-125 County Line Rd, Feasterville Trevose, PA 19053
      View Details
    • Contact for pricing
      85,000 SF

      Trevose Retail Space For Lease

      Retail spaces available in a busy shopping center in Trevose.
      1852-1866 Brownsville Rd, Trevose, PA 19053
      View Details
    • $15 SF/Yr
      1,742 SF

      Feasterville Trevose Office Condos Lease

      Modern, updated office condos available for immediate lease in Feasterville.
      406 E Pennsylvania Blvd, Feasterville Trevose, PA 19053
      View Details
    • $2,195 /Mo

      Industrial Flex Space For Rent

      1700 SF industrial flex space with office and warehouse.
      875 Pennsylvania Blvd, Feasterville, PA 19053
      View Details
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    2304 Brownsville Rd
    Trevose, PA 19053-2499
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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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