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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Garden apartment buildings
3806 Bensalem Blvd Bensalem, PA 19020-4728
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-2639979
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1976
Total area
9,503 SF
Lot
19.07 ac (830,689 SF)
Zoning code
CD
APN
02-070-002-001
UPID
US73-2639979
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
-
Berkeley Trace Apartments Apartment Complex
-
Patrick's bar Bar & Pub Restaurant
-
Fencor Association / Organization
-
Reiki Spiritual Healing Alternative Medicine Practice
-
healingwithinu.org Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$995k
Owner & transaction history
Berkeley Trace 2019 LLC · 6 yrs held
Berkeley Trace 2019 LLC
since 2019
5 recorded transactions
Zoning & alternative use
CD · 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
$680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$105 / 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
$441,751
Tax year 2024
Assessed value
$2,023,600
Assessed 2024
Previous assessed
$2,023,600
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$343,280
Assessed improvement
$1,680,320
Land market value
$4,702,445
Improvement market value
$23,017,982
Total market value
$27,720,427
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1976
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
2
Total area
9,503 SF
Lot
19.07 ac (830,689 SF)
Zoning code
CD
APN
02-070-002-001
UPID
US73-2639979
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CD · Bensalem, PA
Zoning CD · permitted uses
CD · 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
1976
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Lot
19.07 ac
Current owner
From public records · entity-resolved
Berkeley Trace 2019 LLC
Entity
Mailing address
PO BOX 958, LAKEWOOD, NJ 08701-0958
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2024
—
Berkeley Trace 2019 LLC
—
Deed
related
$10,871,000 · Greystone Servicing Company LLC
Feb 18, 2022
—
Berkeley Trace 2019 LLC
—
Deed
related
$7,591,000 · Greystone Servicing Company LLC
Nov 6, 2019
$49,500,000
Berkeley Trace 2019 LLC
Bt Apartment Associates
Trustees Deed
$40,788,000 · Greystone Svcg
Mar 15, 2011
—
Bt Apartment Associates
—
Deed Of Trust
related
$13,800,000 · Prudential Insurance Co
Aug 8, 1997
—
Bt Apartment Associates
—
Deed Of Trust
related
$10,400,000 · Corestates 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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