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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Commercial land
2nd St Pike Penns Park, PA 18943
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-3192312
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2002
Total area
12,160 SF
Lot
6.6 ac (287,496 SF)
Zoning code
VC
APN
53-012-006-004
UPID
US73-3192312
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
by Request
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$870k
Owner & transaction history
Wrightstown Township · 1 yrs held
Wrightstown Township
since 2025
7 recorded transactions
Zoning & alternative use
VC · Penns Park, 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 Penns Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Penns Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Blend value · Realmo final
$870k
Range $783k – $957k · ±10%
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
$72 / 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
$6,994
Tax year 2024
Assessed value
$39,600
Assessed 2024
Previous assessed
$51,660
-23.3% YoY
Effective rate
17.66%
On assessed value
Assessed land
$39,600
Land market value
$542,463
Total market value
$542,463
Applied tax rate
53.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
12,160 SF
Lot
6.6 ac (287,496 SF)
Zoning code
VC
APN
53-012-006-004
UPID
US73-3192312
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC · Penns Park, PA
Zoning VC · permitted uses
VC · Penns Park, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Penns Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Lot
6.6 ac
Current owner
From public records · entity-resolved
Wrightstown Township
Individual
Mailing address
1801 2ND ST PIKE, RICHBORO, PA 18954-2019
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Twining Enterprises
—
Deed
related
$1,000,000 · The First National Bank & Trust Co
Jun 27, 2025
—
Twining Enterprises
—
Deed
related
$400,000 · The First Natl Bank & Trust Broken Arrow
Mar 13, 2025
—
Wrightstown Township
Twining Enterprises
Deed
—
Jan 6, 2025
—
Twining Enterprises
—
Deed
related
$37,303 · First National Bank & Trust Co Of Newton
Jun 28, 2024
—
Twining Enterprises
—
Deed
related
$676,267 · The First Natl Bank & Trust Co Newtown
Dec 28, 2023
$950,000
Twining Enterprises
Wrightstown Office Park LLC
Deed
—
Nov 28, 2023
—
Penns Park Associates LLC
Penns Park Associates LLC
Intrafamily Transfer
related
—
Jul 2, 2012
$1,324
Wrightstown Office Park LLC
Sheriff Of Bucks County
Trustees Deed
related
—
Jul 14, 2009
—
Park Master Assn Penns
Owner,record
Grant Deed
related
—
Jul 11, 2008
$1,500,000
Penns Crossing Office Park LLC
Penns Park Associates LLC
Grant Deed
related
$6,115,000 · Abington Bank
Oct 26, 2005
—
Penns Park Associates LLC
Penns Park Associates LLC
Quit Claim Deed
related
—
—
—
Penns Park Associates LLC
—
Deed Of Trust
related
$700,000 · Sovereign 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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