Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,220,000
Warehouses
290 Towpath Rd Fairless Hills, PA 19030
Entity Owned
6-yr Hold
Free & Clear
Property ID
US73-5865642
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Total area
61,200 SF
Lot
4.23 ac (184,259 SF)
Zoning code
PIP
APN
13-028-090
UPID
US73-5865642
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
$11.35M
CAP Approach
CAP
$9.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.22M
Owner & transaction history
Exeter 270 Canal LLC · 6 yrs held
Exeter 270 Canal LLC
since 2020
Last sale
$8.9M
7 recorded transactions
Zoning & alternative use
PIP · Fairless Hills, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.1M
+112.2%
Commercial (general)
$14.6M
+105.7%
Auto repair, garage
$14.2M
+99.8%
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 Fairless Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairless Hills 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
$11,415,000
ML approach
$11,350,000
CAP Approach
CAP Return
Estimation
6%
$10,435,000
6.5%
$9,630,000
7%
$8,945,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,120,000
Current use
MEDICAL BUILDING
$15,105,000
Change: +112% · Conversion: Difficult
COMMERCIAL (GENERAL)
$14,640,000
Change: +106% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,220,000
Change: +100% · Conversion: Easy
OFFICE BUILDING
$12,675,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$12,120,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$9.22M
Range $8.30M – $10.14M · ±10% · vs last sale $8.86M (Jun 16 2020)
Last sale anchor
$8.86M
Jun 16 2020
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
$151 / 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
$66,268
Tax year 2024
Assessed value
$297,560
Assessed 2024
Previous assessed
$297,560
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$82,760
Assessed improvement
$214,800
Land market value
$1,133,694
Improvement market value
$2,942,453
Total market value
$4,076,147
Applied tax rate
13.0000
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
1969
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
61,200 SF
Lot
4.23 ac (184,259 SF)
Zoning code
PIP
APN
13-028-090
UPID
US73-5865642
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PIP · Fairless Hills, PAZoning PIP · permitted uses
PIP · Fairless Hills, 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
$7.1M
MEDICAL BUILDING
Est. value
$15.1M
COMMERCIAL (GENERAL)
Est. value
$14.6M
AUTO REPAIR, GARAGE
Est. value
$14.2M
OFFICE BUILDING
Est. value
$12.7M
RETAIL STORES
Est. value
$12.1M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.23 ac
Current owner
From public records · entity-resolved
Exeter 270 Canal LLC
Entity
Free & Clear · 6 yrs held
Mailing address
101 W ELM ST STE #600, CONSHOHOCKEN, PA 19428-2075
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
Canal Road Cc II Owner LLC
—
Deed
related
$192,060,000 · Wells Fargo Bank NA
Jun 16, 2020
$8,862,810
Exeter 270 Canal LLC
Pw Industrial LP
Grant Deed
—
Dec 5, 2017
—
Pw Industrial LP
Ch Realty IV Of Pwip LP
Quit Claim Deed
related
—
Dec 1, 2017
$10,800,000
Pw Industrial LP
Ch Brealty IV Pwip LP
Special Warranty Deed
$8,140,828 · Inwood National Bank
Apr 30, 2007
$12,400,000
Ch Realty IV Of Pwip
Pw 199-290
Grant Deed
—
Apr 25, 2003
$9,000,000
Pw 199-290 LP
Pw Holdings II Lllp
Grant Deed
$6,175,000 · American United Life Ins Co
Mar 25, 1998
$5,550,000
Pw Holdings LLP
Penn Warner Industrial LP
Grant Deed
related
$4,700,000 · Ids Certificate 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 290 Towpath Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
