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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
347 2nd St Pike Southampton, PA 18966-3831
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-2722026
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Total area
4,629 SF
Lot
0.46 ac (19,994 SF)
Zoning code
RS
APN
48-016-010
UPID
US73-2722026
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
-
Melissa L. Stein, DC Alternative Medicine Practice
-
Andrew T. Halushka, DC Alternative Medicine Practice
-
Ann Spangler - State Farm Insurance Agent Insurance Agency
-
Bucks County Hearing Aid Services Medical Clinic
-
J&A Abstract, Inc. Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$667k
Blend (final)
Blend
$645k
Owner & transaction history
Jmv Properties LLC · 6 yrs held
Jmv Properties LLC
since 2020
Last sale
$500,000
2 recorded transactions
Zoning & alternative use
RS · Southampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$915,000
+9.8%
Neighborhood: shopping center
$840,000
+0.4%
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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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
$645,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Current use
RETAIL STORES
$915,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$840,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $500k (May 21 2020)
Last sale anchor
$500k
May 21 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
$139 / 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
$11,278
Tax year 2024
Assessed value
$52,730
Assessed 2024
Previous assessed
$52,730
+0.0% YoY
Effective rate
21.39%
On assessed value
Assessed land
$27,760
Assessed improvement
$24,970
Land market value
$380,272
Improvement market value
$342,053
Total market value
$722,325
Applied tax rate
48.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1949
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,629 SF
Lot
0.46 ac (19,994 SF)
Zoning code
RS
APN
48-016-010
UPID
US73-2722026
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RS · Southampton, PAZoning RS · permitted uses
RS · Southampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$835,000
RETAIL STORES
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$840,000
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1949
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Jmv Properties LLC
Entity
Mailing address
347 2ND ST PIKE, SOUTHAMPTON, PA 18966-3831
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
Jmv Properties LLC
—
Deed
related
$250,000 · Jmv Properties LLC
May 21, 2020
$500,000
Jmv Properties LLC
Norbert Trautner
Deed
$375,000 · Hyperion 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.
Try Rey
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