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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Office buildings
37 Delaware Ave, Yardley, PA 19067-1637
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0368207
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
4,800 SF
Lot
0.45 ac (19,500 SF)
Zoning code
R1
APN
54-005-105
UPID
US73-0368207
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
-
ShadowBox Pictures, LLC Advertising Agency Marketing & Advertising
-
GFit Women Yardley Gym & Fitness Center
-
Hamilton Asset Advisors Financial Advisor
-
The Estate Planners Group Financial Advisor
-
Accident Lawyers Miranda Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$764k
Blend (final)
Blend
$915k
Owner & transaction history
David W Loesser · 2 yrs held
David W Loesser
since 2024
Last sale
$915,000
7 recorded transactions
Zoning & alternative use
R1 · Yardley, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+17.5%
Commercial (general)
$1.2M
+14.0%
Auto repair, garage
$1.1M
+10.7%
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 Yardley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yardley 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
$915,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,010,000
Current use
MEDICAL BUILDING
$1,185,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,150,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,115,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$950,000
Change: -6% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$870,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $915k (Feb 9 2024)
Last sale anchor
$915k
Feb 9 2024
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
$191 / 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
$17,866
Tax year 2024
Assessed value
$73,280
Assessed 2024
Previous assessed
$73,280
+0.0% YoY
Effective rate
24.38%
On assessed value
Assessed land
$9,560
Assessed improvement
$63,720
Land market value
$130,958
Improvement market value
$872,873
Total market value
$1,003,831
Applied tax rate
54.0000
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
1995
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,800 SF
Lot
0.45 ac (19,500 SF)
Zoning code
R1
APN
54-005-105
UPID
US73-0368207
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Yardley, PA
Zoning R1 · permitted uses
R1 · Yardley, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yardley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$870,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
David W Loesser
Individual
Mailing address
17071 TIDEWATER LN, FORT MYERS, FL 33908-2814
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
—
David W Loesser
David W Loesser
Intrafamily Transfer
related
—
Aug 3, 2020
—
David W Loesser
David W Loesser
Correction Deed
related
—
Jun 12, 2020
—
David W Loesser
David W Loesser
Quit Claim Deed
related
—
Dec 13, 2019
$915,000
David W Loesser
37 South Delaware Avenue LP
Deed
$686,250 · Wells Fargo Bank NA
Oct 4, 2000
$600,000
37 S Delaware Avenue Assoc
Harleysville Natl Bank & Trus
Grant Deed
$535,000 · Commerce Bank Pennsylvania NA
Dec 30, 1999
—
Harleysville National Bank
Castelli,louis P
Grant Deed
related
—
—
—
Louis Castelli
—
Deed Of Trust
related
$200,000 · Corestates Bank
—
—
Louis Castelli
—
Deed Of Trust
related
$350,000 · Harleysville Nat'l Bank & Trus
—
—
37 South Delaware Avenue LP
—
Deed Of Trust
related
—
—
—
37 South Delaware Avenue LP
—
Deed Of Trust
related
$130,000 · Denis Shusterman
—
—
Louis P Castelli
—
Deed Of Trust
related
$600,000 · Harleysville Nat'l Bank & Trus
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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