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Property profile & analytics
OFF-MARKET
Estimated value
$8,170,000
Hotels
3 Walnut Grv Dr Horsham, PA 19044-2201
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0725646
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
73,211 SF
Lot
4.33 ac (188,615 SF)
Zoning code
I2
APN
36-00-03628-00-8
UPID
US73-0725646
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
Current use
Occupant on record · Public records
-
3 Walnut Grove Drive Parking Parking Lot & Garage
-
Residence Inn Philadelphia Willow Grove Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.96M
Comparable Approach
Comparable
$5.58M
Blend (final)
Blend
$8.17M
Owner & transaction history
Sb Hcp Willow Grove II LLC · 3 yrs held
Sb Hcp Willow Grove II LLC
since 2023
Last sale
$8.3M
1 recorded transaction
Zoning & alternative use
I2 · Horsham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$11.7M
+110.6%
Restaurant
$7.1M
+27.5%
Retail stores
$6.7M
+20.7%
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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
$9,045,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,535,000
6.5%
$6,955,000
7%
$6,460,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$5,540,000
Current use
AUTO REPAIR, GARAGE
$11,670,000
Change: +111% · Conversion: Difficult
RESTAURANT
$7,065,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$6,690,000
Change: +21% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,120,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$6,065,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,785,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$5,455,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$8.17M
Range $7.35M – $8.99M · ±10% · vs last sale $8.34M (Mar 6 2023)
Last sale anchor
$8.34M
Mar 6 2023
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
$112 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$139,544
Tax year 2023
Assessed value
$3,550,000
Assessed 2024
Previous assessed
$4,313,750
-17.7% YoY
Effective rate
3.93%
On assessed value
Total market value
$3,550,000
Applied tax rate
36.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
118
Rooms
9
Bathrooms
2
Total area
73,211 SF
Lot
4.33 ac (188,615 SF)
Zoning code
I2
APN
36-00-03628-00-8
UPID
US73-0725646
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · Horsham, PA
Zoning I2 · permitted uses
I2 · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horsham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$11.7M
RESTAURANT
Est. value
$7.1M
RETAIL STORES
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.8M
OFFICE BUILDING
Est. value
$5.5M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
118
Rooms
9
Bathrooms
2
Lot
4.33 ac
Current owner
From public records · entity-resolved
Sb Hcp Willow Grove II LLC
Entity
Mailing address
1785 STATE HWY 26TH STE #400, GRAPEVINE, TX 76051-2217
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2023
$8,335,526
Sb Hcp Willow Grove II LLC
Hptmi Properties Trust
Special Warranty Deed
$48,390,000 · Newcrestimage Capital I LLC
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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