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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Flex space
3404 Horseshoe Pike Honey Brook, PA 19344-8652
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-2338671
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1991
Total area
7,344 SF
Lot
10 ac (435,600 SF)
Zoning code
NC
APN
2207 009506A0
UPID
US73-2338671
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
-
Blue ridge funiture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$830k
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$840k
Owner & transaction history
Levi S Stoltzfus · 8 yrs held
Levi S Stoltzfus
since 2017
7 recorded transactions
Zoning & alternative use
NC · Honey Brook, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.4M
+49.4%
Office building
$1.4M
+46.3%
Warehouse, storage
$980,000
+5.2%
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 Honey Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honey Brook 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%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$935,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,395,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: +46% · Conversion: Difficult
WAREHOUSE, STORAGE
$980,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$114 / 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
$41,406
Tax year 2024
Assessed value
$1,078,420
Assessed 2024
Previous assessed
$1,078,420
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$67,500
Assessed improvement
$1,010,920
Land market value
$67,500
Improvement market value
$1,143,830
Total market value
$1,211,330
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1991
Heating
NONE
Cooling
NONE
Buildings
5
Total area
7,344 SF
Lot
10 ac (435,600 SF)
Zoning code
NC
APN
2207 009506A0
UPID
US73-2338671
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
NC · Honey Brook, PA
Zoning NC · permitted uses
NC · Honey Brook, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honey Brook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$980,000
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1991
Heating
NONE
Cooling
Yes
Buildings
5
Lot
10 ac
Current owner
From public records · entity-resolved
Levi S Stoltzfus
Individual
Mailing address
3400 HORSESHOE PIKE, HONEY BROOK, PA 19344-8652
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Oct 30, 2017
—
Levi S Stoltzfus
—
Trustees Deed
related
$950,000 · Mid Penn Bk
—
—
Stoltzfus,levi S & Susie S
—
Deed Of Trust
related
$550,000 · Anabaptist Fin'l
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$300,000 · Hometowne Heritage Bank
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$706,500 · Hometowne Heritage Bank
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$200,000 · Mid Penn Bk
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$175,000 · Hometowne Heritage Bank
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$150,000 · Hometowne Heritage Bank
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$250,000 · Hometowne Heritage Bank
—
—
Levi S Stoltzfus
—
Deed Of Trust
related
$90,000 · Hometowne Heritage 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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