New search
Property profile & analytics
OFF-MARKET
Flex space
4 Horne Dr, Folcroft, PA 19032-1806
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-5877748
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1960
Total area
20,960 SF
Lot
1.37 ac (59,677 SF)
APN
20-00-01135-05
UPID
US73-5877748
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
-
EAST PENN Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ba 4 Horne LLC
Ba 4 Horne LLC
since 2025
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
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 Folcroft submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Folcroft 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$94,443
Tax year 2024
Assessed value
$2,279,546
Assessed 2024
Previous assessed
$2,279,546
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$226,560
Assessed improvement
$2,052,986
Total market value
$2,279,546
Applied tax rate
2,011.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
20,960 SF
Lot
1.37 ac (59,677 SF)
APN
20-00-01135-05
UPID
US73-5877748
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Ba 4 Horne LLC
Entity
Mailing address
40 MORRIS AVE STE #230, BRYN MAWR, PA 19010-3300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
$3,044,000
Ba 4 Horne LLC
Alliance 4 Horne LLC
Special Warranty Deed
$128,200,000 · Bnp Paribas
Oct 22, 2021
—
Alliance 4 Horne LLC
—
Deed
related
$40,066,000 · Cre Lender Sub III LLC
Jun 8, 2021
—
Alliance 4 Horne LLC
—
Deed
related
$27,800,000 · Cre Lender Sub III LLC
Mar 25, 2021
$2,279,545
Alliance 4 Horne LLC
Brysoph Real Estate Holdings 2 LLC
Special Warranty Deed
—
Jul 9, 2020
—
Brysoph Real Estate Holdings 2 LLC
—
Deed
related
$980,000 · Covenant Bank
Nov 9, 2016
$1,072,370
Brysoph Real Estate Holdings 2 LLC
Patannie Associates L L C
Special Warranty Deed
—
Apr 14, 2003
$710,000
Patannie Associates LLC
Sperry Display Co
Grant Deed
$568,000 · Sovereign Bank
—
—
Patannie Associates LLC
—
Deed Of Trust
related
$700,000 · National Penn Bank
—
—
Patannie Associates LLC
—
Deed Of Trust
related
$71,000 · Sperry Display Co
—
—
Pattannie Associates LLC
—
Deed Of Trust
related
$311,000 · Sovereign 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4 Horne Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
