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Property profile & analytics
OFF-MARKET
Estimated value
$5,750,000
Manufacturing properties
299 Towpath Rd Fairless Hills, PA 19030
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2628550
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1969
Total area
67,045 SF
Lot
10 ac (435,600 SF)
Zoning code
PIP
APN
13-028-088-001
UPID
US73-2628550
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
$5.75M
CAP Approach
CAP
$7.58M
Comparable Approach
Comparable
$6.34M
Blend (final)
Blend
$5.75M
Owner & transaction history
299 Canal Rd LLC · 2 yrs held
299 Canal Rd LLC
since 2024
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
PIP · Fairless Hills, 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 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
$5,750,000
ML approach
$5,750,000
CAP Approach
CAP Return
Estimation
6%
$8,205,000
6.5%
$7,575,000
7%
$7,030,000
Blend value · Realmo final
$5.75M
Range $5.18M – $6.33M · ±10% · vs last sale $5.75M (Mar 19 2024)
Last sale anchor
$5.75M
Mar 19 2024
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
$86 / 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
$65,519
Tax year 2024
Assessed value
$294,200
Assessed 2024
Previous assessed
$294,200
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$101,760
Assessed improvement
$192,440
Land market value
$1,393,967
Improvement market value
$2,636,153
Total market value
$4,030,120
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1969
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
67,045 SF
Lot
10 ac (435,600 SF)
Zoning code
PIP
APN
13-028-088-001
UPID
US73-2628550
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
Building & site characteristics
From public records
Year built
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
10 ac
Current owner
From public records · entity-resolved
299 Canal Rd LLC
Entity
Mailing address
149 NEWBOLD RD, FAIRLESS HILLS, PA 19030-4309
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2024
$5,750,000
299 Canal Rd LLC
A M Castle & Co
Special Warranty Deed
—
May 17, 2023
—
A M Castle And Co
—
Deed
related
$140,000,000 · Fifth Third Bank NA
Jan 3, 2022
—
A M Castle & Co
—
Deed
related
$142,000,000 · Eclipse Business Capital LLC
Feb 18, 2020
—
A M Castle & Co
—
Deed
related
$167,400,000 · Wilmington Svgs Fund Society F
Dec 26, 2019
—
Am Castle & Co
—
Deed
related
$250,000 · Pnc Bk
Apr 3, 2017
—
A M Castle & Co
—
Grant Deed
related
$420,000,000 · Us Bk
Mar 13, 2017
—
A M Castle & Co
—
Grant Deed
related
$224,000,000 · Private Individual
Apr 28, 2003
—
A M Castle & Co
—
Deed Of Trust
related
$55,000,000 · Us Bank NA Trustee
—
—
Am Castle & Co
—
Deed Of Trust
related
$250,000 · Pnc Bk
—
—
A M Castle & Co
—
Deed Of Trust
related
$167,400,000 · Wilmington Svgs Fund Society F
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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