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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Medical Office Space
399 York Rd Warminster, PA 18974-4516
Individually Owned
28-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2438901
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
12,750 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C
APN
49-015-180
UPID
US73-2438901
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
-
Bux-Mont Foot & Ankle Care Centers Physician
-
Howard S. Shapiro, DPM Physician
-
Dr. Jack B. Gorman Physician
-
Robert Rajczy Physician
-
Laser Nail Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.72M
Owner & transaction history
Warminster Medical & Shopping · 28 yrs held
Warminster Medical & Shopping
since 1998
7 recorded transactions
Zoning & alternative use
C · Warminster, 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 Warminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warminster 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
Alternative Use
Use
Estimation
RETAIL STORES
$2,525,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$135 / 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
$40,755
Tax year 2024
Assessed value
$193,090
Assessed 2024
Previous assessed
$193,090
+0.0% YoY
Effective rate
21.11%
On assessed value
Assessed land
$55,460
Assessed improvement
$137,630
Land market value
$759,723
Improvement market value
$1,885,334
Total market value
$2,645,057
Applied tax rate
49.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
12,750 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C
APN
49-015-180
UPID
US73-2438901
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Warminster, PA
Zoning C · permitted uses
C · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warminster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.5M
RETAIL STORES
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
1973
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Warminster Medical & Shopping
Individual
Mailing address
1215 SCOTT PL, WARWICK, PA 18974-6115
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1998
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
Nov 14, 2019
—
Jack B Gorman
—
Deed
related
$2,185,000 · Citizens & Northern Bank
Apr 22, 2019
—
Jack B Gorman Ta Warminster Midical
—
Deed
related
$335,000 · Monument Bank
May 7, 1998
—
Warminster Medical & Shopping
Warminster Medical & Shopping
Quit Claim Deed
related
$1,120,000 · Premier Bank
—
—
Warminster Medical Shoping Cen
—
Deed Of Trust
related
$250,000 · Main Line Bank
—
—
Jack B Gorman
—
Deed Of Trust
related
$29,000 · Monument Bank
—
—
Warminster Medical & Shopping
—
Deed Of Trust
related
$1,500,000 · Stonebridge Bank
—
—
Jack B Gorman
—
Deed Of Trust
related
$2,100,000 · Monument Bank
—
—
Jack B Gorman
—
Deed Of Trust
related
$26,000 · Monument Bank
—
—
Warminster Medical & Shopping
—
Deed Of Trust
related
$350,000 · Sovereign Bank
—
—
Warminster Medical & Shopping
—
Deed Of Trust
related
$400,000 · Univest National Bank & Tr Co
—
—
Jack B Gorman
—
Deed Of Trust
related
$40,000 · First Service 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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