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    Property profile & analytics

    2nd St Pike Penns Park, PA 18943

    • Commercial land
    • 12,160 SF
    • 6.60 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 13, 2025
    Location Intelligence
    Property ID
    US73-3192312
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 2nd St Pike

    Year built
    2002
    Lot size
    6.60 lot acres
    Property size
    12,160 SF
    Zone code
    VC
    Property type
    Commercial land
    APN
    53-012-006-004
    APU
    53012006004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penns Park
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75
    Latitude
    40.264
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,994
    $39,600
    $0.00
    $39,600
    -
    $542,463
    $0.00
    $542,463

    Comparable in this City

    • Value Estimation by Request

      2nd St Pike

      VACANT COMMERCIAL LAND
      2nd St Pike, Penns Park, PA 18943
      View Details
    • Value Estimation by Request
      12.79 Acres

      926 Penns Park Rd

      QUARRIES (SAND, GRAVEL, ROCK) • 920 SF
      926 Penns Park Rd, Penns Park, PA 18943
      View Details
    • Value Estimation by Request

      2288 2nd St Pikej

      CONDOMINIUM OFFICES
      2288 2nd St Pikej, Penns Park, PA 18943
      View Details
    • Value Estimation by Request

      2288 2nd St Pikeb

      CONDOMINIUM OFFICES
      2288 2nd St Pikeb, Penns Park, PA 18943
      View Details
    • Value Estimation by Request
      7,350 SF

      2250 2nd St Pike

      WAREHOUSE, STORAGE • 7,350 SF
      2250 2nd St Pike, Penns Park, PA 18943
      View Details
    • Value Estimation by Request

      2288 2nd St Pikek

      CONDOMINIUM OFFICES
      2288 2nd St Pikek, Penns Park, PA 18943
      View Details
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    2nd St Pike
    Penns Park, PA 18943
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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