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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Warehouses
27 Richard Rd Ivyland, PA 18974-1512
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-4418064
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
7,813 SF
Zoning code
I1
APN
31-001-004-008-027
UPID
US73-4418064
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$771k
Blend (final)
Blend
$1.03M
Owner & transaction history
Hartmann Mcginley Realty Co · 3 yrs held
Hartmann Mcginley Realty Co
since 2022
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
I1 · Ivyland, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.6M
+70.9%
Neighborhood: shopping center
$1.4M
+56.2%
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 Ivyland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ivyland 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
$1,005,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$1,330,000
6.5%
$1,230,000
7%
$1,140,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$905,000
Current use
RETAIL STORES
$1,550,000
Change: +71% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,415,000
Change: +56% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.04M (Sep 9 2022)
Last sale anchor
$1.04M
Sep 9 2022
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
$131 / 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
$10,416
Tax year 2024
Assessed value
$54,080
Assessed 2024
Previous assessed
$54,080
+0.0% YoY
Effective rate
19.26%
On assessed value
Assessed improvement
$54,080
Improvement market value
$740,819
Total market value
$740,819
Applied tax rate
31.0000
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
1973
Heating
CENTRAL
Stories
1
Total area
7,813 SF
Zoning code
I1
APN
31-001-004-008-027
UPID
US73-4418064
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Ivyland, PAZoning I1 · permitted uses
I1 · Ivyland, 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
$905,000
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1973
Heating
CENTRAL
Stories
1
Current owner
From public records · entity-resolved
Hartmann Mcginley Realty Co
Entity
Mailing address
1707 4TH ST, EWING, NJ 08638-3032
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2025
—
Hartmann Mcginley Realty
—
Deed
related
—
Sep 9, 2022
$1,035,222
Hartmann Mcginley Realty Co
27 29 Richard Road LLC
Special Warranty Deed
$879,750 · Wilmington Savings Fund Society Fsb
May 16, 2022
$1,175,000
27 29 Richard Road LLC
Ivyland Venture LLC
Deed
—
Oct 17, 2018
—
Ivyland Venture LLC
—
Deed
related
$625,000 · Fulton Bank NA
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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