Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Hotels
234 Veterans Way Warminster, PA 18974-3552
Individually Owned
10-yr Hold
Absentee Owner
Property ID
US73-3109520
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
15,213 SF
APN
49-009-534-005
UPID
US73-3109520
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
-
Oven Brothers Take-out & Catering
-
City Dermatology Institute & Research Center Medical Clinic Skin Care Clinic
-
Imran Amir Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$630k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Sigma Hospitality Warminster L · 10 yrs held
Sigma Hospitality Warminster L
since 2016
7 recorded transactions
Zoning & alternative use
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 Warminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warminster 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
$615,000
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$630,000
7%
$585,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$835,000
Current use
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$41 / 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
$131,677
Tax year 2024
Assessed value
$623,870
Assessed 2024
Previous assessed
$623,870
+0.0% YoY
Effective rate
21.11%
On assessed value
Assessed improvement
$623,870
Improvement market value
$8,546,127
Total market value
$8,546,127
Applied tax rate
49.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
YES
Stories
4
Total area
15,213 SF
APN
49-009-534-005
UPID
US73-3109520
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
HOTEL/MOTEL Current
Est. value
$835,000
HOTEL/MOTEL Current
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
2018
Heating
CENTRAL
Cooling
Yes
Stories
4
Current owner
From public records · entity-resolved
Sigma Hospitality Warminster L
Individual
Mailing address
4625 E ST RDB, FEASTERVILLE TREVOSE, PA 19053-6630
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Sigma Hospitality Warminster LP
—
Deed
related
$7,300,000 · Symetra Life Insurance Co
Dec 9, 2019
—
Franklin Street Assocs I LP
—
Deed
related
$900,000 · Phoenixville Fed'l Bk&tr
Dec 19, 2016
—
Sigma Hospitality Warminster L
—
Deed Of Trust
related
$8,000,000 · Pnc Bk
Jul 6, 2016
$825,000
Sigma Hospitality Warminster L
Franklin Street Assocs I LP
Grant Deed
—
Jul 5, 2016
—
Franklin Street Assocs I LP
Franklin Street Assocs I LP
Quit Claim Deed
—
Jun 7, 2006
$600,000
Franklin St. Assn LP
Owner,record
Grant Deed
related
$1,268,000 · Bancorp Bank
—
—
Franklin Street Assocs I LP
—
Deed Of Trust
related
$900,000 · Phoenixville Fed'l Bk&tr
—
—
Franklin Street Assocs I LP
—
Deed Of Trust
related
$1,012,500 · Alliance Bank
—
—
Franklin Street Assocs I LP
—
Deed Of Trust
related
$625,000 · Alliance Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 234 Veterans Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
