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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Retail residential properties
29 State St Doylestown, PA 18901-4211
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0427748
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1850
Total area
5,646 SF
Lot
0.19 ac (8,213 SF)
Zoning code
CC
APN
08-008-252
UPID
US73-0427748
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
$1.38M
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.38M
Owner & transaction history
Alok Investments LLC · 4 yrs held
Alok Investments LLC
since 2021
Last sale
$1.2M
4 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
Top alternative use upside
Restaurant
$1.8M
+47.8%
Office building
$1.6M
+29.2%
Apartment house (5+ units)
$1.5M
+24.5%
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
$1,375,000
ML approach
$1,375,000
CAP Approach
CAP Return
Estimation
6%
$1,270,000
6.5%
$1,175,000
7%
$1,090,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,240,000
Current use
RESTAURANT
$1,830,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$1,600,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,545,000
Change: +24% · Conversion: Moderate
MEDICAL BUILDING
$1,395,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,310,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$1,120,000
Change: -10% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,020,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.20M (Nov 30 2021)
Last sale anchor
$1.20M
Nov 30 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
$244 / 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
$16,520
Tax year 2024
Assessed value
$91,700
Assessed 2024
Previous assessed
$91,700
+0.0% YoY
Effective rate
18.02%
On assessed value
Assessed land
$28,380
Assessed improvement
$63,320
Land market value
$388,765
Improvement market value
$867,393
Total market value
$1,256,158
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1850
Heating
CENTRAL
Cooling
YES
Stories
2
Units
4
Rooms
12
Bathrooms
3
Total area
5,646 SF
Lot
0.19 ac (8,213 SF)
Zoning code
CC
APN
08-008-252
UPID
US73-0427748
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1850
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Rooms
12
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Alok Investments LLC
Entity
Mailing address
16 N FRANKLIN ST STE #111, DOYLESTOWN, PA 18901-3536
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$1,200,000
Alok Investments LLC
Bc Associates LP
Deed
$840,000 · Provident Bank
Aug 26, 2005
—
Bc Associates
Bc Associates
Quit Claim Deed
—
Nov 2, 2001
$790,000
B C Associates
Phinney,gary M & Diana M
Grant Deed
$270,000 · First Service Bank
—
—
Gary M Phinney
—
Deed Of Trust
related
$600,000 · Harleysville Nat'l Bank & Trus
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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