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Property profile & analytics
OFF-MARKET
Estimated value
$6,475,000
Grocery and convenience stores
3111 State Rd, Croydon, PA 19021-6974
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1083883
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2020
Total area
5,676 SF
Lot
2.7 ac (117,481 SF)
Zoning code
M2
APN
05-058-155
UPID
US73-1083883
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
-
Wawa Gas Station
-
Amazon Locker - Knok Courier Service Postal Service
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.48M
Owner & transaction history
3111 State Rd LLC · 5 yrs held
3111 State Rd LLC
since 2020
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
M2 · Croydon, 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 Croydon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Croydon 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
$7,225,000
ML approach
$7,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.48M
Range $5.83M – $7.12M · ±10% · vs last sale $5.61M (Sep 29 2020)
Last sale anchor
$5.61M
Sep 29 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
$1,141 / 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
$50,485
Tax year 2024
Assessed value
$185,900
Assessed 2024
Previous assessed
$185,900
+0.0% YoY
Effective rate
27.16%
On assessed value
Assessed land
$21,580
Assessed improvement
$164,320
Land market value
$295,615
Improvement market value
$2,250,949
Total market value
$2,546,564
Applied tax rate
5.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2020
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,676 SF
Lot
2.7 ac (117,481 SF)
Zoning code
M2
APN
05-058-155
UPID
US73-1083883
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M2 · Croydon, PA
Zoning M2 · permitted uses
M2 · Croydon, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Croydon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.7 ac
Current owner
From public records · entity-resolved
3111 State Rd LLC
Entity
Mailing address
1319 BARTON DR, FORT WASHINGTON, PA 19034-1654
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2021
—
3111 State Rd LLC
—
Deed
related
$2,850,000 · Woori America Bank
Sep 29, 2020
$5,609,409
3111 State Rd LLC
Croydon State LLC
Deed
$3,350,000 · Woori America Bank
Jul 22, 2020
—
Croydon State LLC
Croydon State LLC
Correction Deed
related
—
Dec 3, 2018
—
Croydon State LLC
Croydon State LLC
Quit Claim Deed
related
—
Dec 11, 2017
$1,410,000
Croydon State LLC
E Forrest & Sons INC
Grant Deed
—
Jan 6, 2017
—
Bristol Croydon Properties LLC
—
Deed
related
$125,000 · Mkr Finacial
Nov 2, 2016
—
E Forrest & Sons INC
—
Deed
related
$412,861 · Private Individual
Dec 19, 2012
—
Bristol Of Croyden Properties LLC
E Forrest & Sons INC
Quit Claim Deed
related
—
—
—
E Forrest & Sons INC
—
Deed Of Trust
related
$412,861 · Private Individual
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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