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Property profile & analytics
OFF-MARKET
Estimated value
$9,765,000
Commercial land
2700 State Rd, Bensalem, PA 19020-7347
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2262002
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
61.4 ac (2,674,584 SF)
Zoning code
M2
APN
02-066-005
UPID
US73-2262002
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
-
McLane Warehouse & Storage
-
Hub Group Trucking Corporate Office
-
International Recovery Systems (IRS) Freight Service Logistics Company
-
LIMITLESS 360 Booth Photography Service Party Supply Store
-
PLM Fleet Philadelphia Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.77M
Owner & transaction history
Jjgd Holdings LLC · 2 yrs held
Jjgd Holdings LLC
since 2023
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
M2 · 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
Method
Estimation
Statistic approach
$10,305,000
ML approach
$9,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.77M
Range $8.79M – $10.74M · ±10% · vs last sale $9.80M (Dec 22 2023)
Last sale anchor
$9.80M
Dec 22 2023
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
—
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
$92,795
Tax year 2024
Assessed value
$425,080
Assessed 2024
Previous assessed
$425,080
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$425,080
Land market value
$5,822,988
Total market value
$5,822,988
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
61.4 ac (2,674,584 SF)
Zoning code
M2
APN
02-066-005
UPID
US73-2262002
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Bensalem, PA
Zoning M2 · permitted uses
M2 · 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
Heating
NONE
Lot
61.4 ac
Current owner
From public records · entity-resolved
Jjgd Holdings LLC
Entity
Mailing address
2950 STATE RD, BENSALEM, PA 19020-7318
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Jjgd Holdings LLC
Jjgd Holdings LLC
Intrafamily Transfer
related
—
Feb 14, 2023
—
Jjgd Holdings LP
—
Deed
related
$26,000,000 · Provident Bank
Oct 27, 2022
—
Jjgd Holdings LP
—
Deed
related
$26,000,000 · Provident Bank
Nov 4, 2021
—
Jjgd Holdings LP
—
Deed
related
$21,500,000 · Bryn Mawr Trust Co
Jul 21, 2017
—
Jjgd Holdings LP
—
Deed
related
$3,000,000 · Bryn Mawr Tr
Oct 26, 2016
$9,800,000
Jjgd Holdings LP
Branch Banking & Trust Company
Deed
$9,800,000 · Qnb Bank
Oct 11, 2007
—
Joseph B Atkinson JR.
Atkinson,joseph B JR
Quit Claim Deed
—
—
—
Joseph B Atkinson JR.
—
Deed Of Trust
related
$300,000 · Manufacturers Traders & Trust
—
—
Joseph B Atkinson JR.
—
Deed Of Trust
related
$100,000 · Manufacturers Traders & Trust
—
—
Jjgd Holdings LP
—
Deed Of Trust
related
$12,000,000 · Bryn Mawr Tr
—
—
Jjgd Holdings LP
—
Deed Of Trust
related
$3,000,000 · Bryn Mawr Tr
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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