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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Investment properties
278 State St Doylestown, PA 18901-3533
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1546612
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1915
Construction
FRAME
Total area
1,296 SF
Lot
0.32 ac (13,983 SF)
Zoning code
CC
APN
08-004-012
UPID
US73-1546612
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
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Kurama LLC · 5 yrs held
Kurama LLC
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CC · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-H Central Residential Highrise. § 312 Territory Added to O Office District. § 313 Territory Added to RC Retail Commercial District. § 313.1 Territory Added to RC-1 Retail Commercial 1 District. § 314 Territory Added to CC Central Commercial District. § 315 Territory Added to FC Free-Standing Commercial District. § 316 Territory Added to CI Central Industria…
Zone name
Central Commercial
General category
COMMERCIAL
Zone area
59.76 ac
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 Doylestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doylestown 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
$920,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $800k (Mar 16 2021)
Last sale anchor
$800k
Mar 16 2021
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
$710 / 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
$11,436
Tax year 2024
Assessed value
$63,480
Assessed 2024
Previous assessed
$63,480
+0.0% YoY
Effective rate
18.02%
On assessed value
Assessed land
$10,800
Assessed improvement
$52,680
Land market value
$147,945
Improvement market value
$721,641
Total market value
$869,586
Applied tax rate
8.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1915
Construction
FRAME
Heating
OTHER
Cooling
YES
Buildings
3
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
1,296 SF
Lot
0.32 ac (13,983 SF)
Zoning code
CC
APN
08-004-012
UPID
US73-1546612
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CC · Doylestown, PAZoning CC · permitted uses
CC · Doylestown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-H Central Residential Highrise. § 312 Territory Added to O Office District. § 313 Territory Added to RC Retail Commercial District. § 313.1 Territory Added to RC-1 Retail Commercial 1 District. § 314 Territory Added to CC Central Commercial District. § 315 Territory Added to FC Free-Standing Commercial District. § 316 Territory Added to CI Central Industrial District. § 317 Territory Added to PI Planned Industrial District. § 318 Territo
Zone name
Central Commercial
General category
COMMERCIAL
Zone area
59.76 ac
Building & site characteristics
From public records
Year built
1915
Construction
FRAME
Heating
OTHER
Cooling
Yes
Stories
2
Buildings
3
Units
2
Rooms
8
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Kurama LLC
Entity
Mailing address
10 CALLOWHILL RD, NEW BRITAIN, PA 18901-5005
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2025
—
Kurama LLC
—
Deed
related
$576,000 · Citizens & Northern Bank
Feb 13, 2023
—
Kurama LLC
—
Deed
related
$58,000 · Citizens & Northern Bank
Feb 10, 2023
—
Kurama LLC
—
Deed
related
$50,000 · Citizens & Northern Bank
Jul 13, 2021
—
Kurma LLC
—
Deed
related
$141,674 · Citizens & Northern Bank
Mar 16, 2021
$800,000
Kurama LLC
Alan J Milodzienski
Deed
$1,100,000 · Citizens & Northern Bank
—
—
Alan J Mlodzienski
—
Deed Of Trust
related
$10,000 · National Penn Bank
—
—
Alan Mlodzienski
—
Deed Of Trust
related
$107,608 · Individual
—
—
Alan J Mlodzienski
—
Deed Of Trust
related
$10,000 · First Service 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.
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