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Property profile & analytics
OFF-MARKET
Estimated value
$6,995,000
Warehouses
2600 Tpke Dr Hatboro, PA 19040-4221
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0961577
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
85,060 SF
Lot
8.63 ac (375,923 SF)
Zoning code
I
APN
59-00-04450-00-9
UPID
US73-0961577
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
-
Msi High School
-
MSI Philadelphia Big Box & Wholesale Store Building Supply
-
Applied Telecommunications Inc Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.04M
Blend (final)
Blend
$7.00M
Owner & transaction history
2600 Turnpike LLC · 6 yrs held
2600 Turnpike LLC
since 2019
7 recorded transactions
Zoning & alternative use
I · Hatboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.1M
+42.2%
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 Hatboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatboro 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,800,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,085,000
Change: +42% · Conversion: Moderate
Blend value · Realmo final
$7.00M
Range $6.30M – $7.69M · ±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
$82 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$125,369
Tax year 2023
Assessed value
$2,637,550
Assessed 2024
Previous assessed
$2,637,550
+0.0% YoY
Effective rate
4.75%
On assessed value
Total market value
$2,637,550
Applied tax rate
59.0000
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
2001
Heating
OTHER
Cooling
NONE
Total area
85,060 SF
Lot
8.63 ac (375,923 SF)
Zoning code
I
APN
59-00-04450-00-9
UPID
US73-0961577
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Hatboro, PAZoning I · permitted uses
I · Hatboro, 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
WAREHOUSE, STORAGE Current
Est. value
$7.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.1M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
OTHER
Cooling
Yes
Lot
8.63 ac
Current owner
From public records · entity-resolved
2600 Turnpike LLC
Entity
Mailing address
2095 N BATAVIA ST, ORANGE, CA 92865-3101
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
$5,500,000
2600 Turnpike LLC
2600 Turnpike Drive Assocs LP
Grant Deed
related
—
Sep 23, 2009
—
2600 Turnpike Drive Assocs
—
Trustees Deed
related
$3,169,052 · Univest National Bank & Tr Co
Aug 25, 2008
—
2600 Turnpike Drive Assocs
—
Trustees Deed
related
$3,265,492 · Univest National Bank & Tr Co
Jun 8, 2000
$800,000
2700 Turnpike Drive Associates
Downs Properties LP
Grant Deed
—
—
—
2600 Turnpike Drive Assoc LP
—
Deed Of Trust
related
$425,000 · Commerce Bank Pennsylvania NA
—
—
2600 Turnpike Drive Assocs LP
—
Deed Of Trust
related
$3,089,306 · Univest National Bank & Tr Co
—
—
2600 Turnpike Drive Assocs LP
—
Deed Of Trust
related
$3,000,000 · American Heritage FCU
—
—
Commerce Bank Pennsylvania NA
—
Deed Of Trust
related
$2,500,000 · 2600 Turnpike Drive Assocs LP
—
—
2600 Turnpike Drive Assocs LP
—
Deed Of Trust
related
$525,000 · Commerce Bank Pennsylvania NA
—
—
2700 Turnpike Drive Assoc LP
—
Deed Of Trust
related
$2,500,000 · Commerce Bank Pennsylvania NA
—
—
Turnpike Dr I 2600
—
Deed Of Trust
related
$4,000,000 · Univest Nat Bk&t Co
—
—
2600 Turnpike Drive Assocs LP
—
Deed Of Trust
related
$2,973,851 · Univest Bank & Trust Co
—
—
2600 Turnpike Drive Assocs LP
—
Deed Of Trust
related
$2,989,761 · Univest Bank & Trust Co
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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