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Property profile & analytics
FOR LEASE
Office buildings
410 Horsham Rd Horsham, PA 19044
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5408704
For Lease
1 / 3
$7,560,000
410 Horsham Rd, Horsham, PA 19044
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
90,271 SF
Lot
7.59 ac (330,620 SF)
Zoning code
I3
APN
36-00-05334-50-7
UPID
US73-5408704
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
-
AAMCO Franchise Headquarters Corporate Office
-
Grundy Utilities Insurance Agency
-
C3i Solutions Bpo Company
-
Grundy Insurance Insurance Agency
-
Telerx Marketing Inc Bpo Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.39M
Blend (final)
Blend
$7.56M
Owner & transaction history
Pf Horsham Partners LP · 10 yrs held
Pf Horsham Partners LP
since 2015
7 recorded transactions
Zoning & alternative use
I3 · Horsham, 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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
APARTMENT HOUSE (5+ UNITS)
$12,545,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$7.56M
Range $6.80M – $8.32M · ±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
$84 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$135,294
Tax year 2023
Assessed value
$3,441,900
Assessed 2024
Previous assessed
$3,441,900
+0.0% YoY
Effective rate
3.93%
On assessed value
Total market value
$3,441,900
Applied tax rate
36.0000
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
For Lease
Year built
1990
Heating
FORCED AIR
Cooling
CENTRAL
Total area
90,271 SF
Lot
7.59 ac (330,620 SF)
Zoning code
I3
APN
36-00-05334-50-7
UPID
US73-5408704
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I3 · Horsham, PA
Zoning I3 · permitted uses
I3 · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horsham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.5M
APARTMENT HOUSE (5+ UNITS)
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
1990
Heating
FORCED AIR
Cooling
Yes
Lot
7.59 ac
Current owner
From public records · entity-resolved
Pf Horsham Partners LP
Entity
Mailing address
1500 JOHN F KENNEDY BLVD STE #1520, PHILADELPHIA, PA 19102-1728
Ownership since
2015
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 9, 2023
—
Pf Horsham Partners LP
—
Deed
related
$1,000,000 · Td Bank NA
Feb 21, 2020
—
Pf Horsham Partners LP
—
Deed
related
$1,922,500 · Td Bk NA
Dec 23, 2019
—
Pf Horsham Partners LP
—
Deed
related
$6,000,000 · Td Bk NA
Jul 31, 2015
$2,450,000
Pf Horsham Partners LP
First Niagara Realty INC
Grant Deed
—
Oct 15, 2013
$3,440
First Niagara Realty INC
Sheriff Of Montgomery County
Trustees Deed
related
—
Jun 5, 2007
—
Horsham 410 LLC
410 Horsham Associates
Quit Claim Deed
$10,250,000 · Willow Financial Bank
—
—
Pf Horsham Partners LP
—
Deed Of Trust
related
$6,000,000 · Td Bk NA
—
—
Pf Horsham Partners LP
—
Deed Of Trust
related
$1,922,500 · Td Bk NA
—
—
Horsham 410 LLC
—
Deed Of Trust
related
$1,850,000 · Willow Financial 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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