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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Office Spaces
3569 Bristol Pike Bensalem, PA 19020-4664
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0211058
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1978
Total area
12,725 SF
Zoning code
R2
APN
02-076-095-003
UPID
US73-0211058
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
-
Dominion and Power Worldwide Ministries Church
-
Bensalem School of Musical Arts Vocational School Training Center
-
Ridgway Associates Accounting Firm Tax Preparation
-
Jiff Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.70M
Owner & transaction history
Jennas Playhouse Holding Co · 23 yrs held
Jennas Playhouse Holding Co
since 2002
7 recorded transactions
Zoning & alternative use
R2 · Bensalem, 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 Bensalem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensalem 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±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
$134 / 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
$24,982
Tax year 2024
Assessed value
$114,440
Assessed 2024
Previous assessed
$114,440
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed improvement
$114,440
Improvement market value
$1,567,664
Total market value
$1,567,664
Applied tax rate
2.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1978
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
12,725 SF
Zoning code
R2
APN
02-076-095-003
UPID
US73-0211058
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Bensalem, PA
Zoning R2 · permitted uses
R2 · Bensalem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensalem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
CENTRAL
Cooling
Yes
Stories
2
Current owner
From public records · entity-resolved
Jennas Playhouse Holding Co
Entity
Mailing address
3551 BRISTOL PIKE, BENSALEM, PA 19020-4685
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Feb 5, 2024
—
Jennas Playhouse Holding Company Ll
—
Deed
related
$4,500,000 · Meridian Bank
Nov 16, 2021
—
Jennas Playhouse Holding Company Ll
—
Deed
related
$25,900,000 · Santander Bank NA
Feb 26, 2021
—
3669 Bristol Pike LLC
—
Deed
related
$2,250,000 · Santander Bank NA
May 1, 2019
—
Jennas Playhouse Holding Company Ll
—
Deed
related
$2,250,000 · Santander Bank NA
Nov 20, 2012
—
Jennas Playhouse Holding Co L
—
Deed Of Trust
related
$1,460,000 · Bank Of America
Oct 27, 2011
—
Jennas Playhouse Holding Co L
—
Deed Of Trust
related
$2,500,000 · Bank Of America
Oct 9, 2002
$480,000
Jennas Playhouse Holding Co
3569 Associates
Grant Deed
—
Apr 10, 1997
$300,000
3569 Associates
First Federal S & L Assn Bucks
Grant Deed
$240,000 · Farmers & Merchants Nat'l Bank
—
—
Jennas Playhouse Holding Co L
—
Deed Of Trust
related
$737,000 · Fleet National 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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