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Property profile & analytics
OFF-MARKET
Estimated value
$10,400,000
Office buildings
410 Walnut St Perkasie, PA 18944-1618
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-0104524
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1940
Total area
82,313 SF
Lot
4.41 ac (192,100 SF)
Zoning code
R3
APN
33-010-018
UPID
US73-0104524
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
-
Moto-Master Auto Repair Shop
-
Remedy Simulation Group Production Facility Factory
-
Eric and Christopher (Bike/Boat/Book/etc) Store Printing Service
-
North Penn Machine Works Co Industrial Manufacturer
-
Remedy Medical Manufacturing Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.23M
Blend (final)
Blend
$10.40M
Owner & transaction history
Edwin J Brooks JR. · 18 yrs held
Edwin J Brooks JR.
since 2007
7 recorded transactions
Zoning & alternative use
R3 · Perkasie, 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 Perkasie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perkasie 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
OFFICE BUILDING
$17,045,000
Current use
RETAIL STORES
$16,305,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$14,905,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$10.40M
Range $9.36M – $11.44M · ±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
$126 / 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
$38,105
Tax year 2024
Assessed value
$221,600
Assessed 2024
Previous assessed
$221,600
+0.0% YoY
Effective rate
17.20%
On assessed value
Assessed land
$24,840
Assessed improvement
$196,760
Land market value
$340,273
Improvement market value
$2,695,331
Total market value
$3,035,604
Applied tax rate
33.0000
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
1940
Heating
CENTRAL
Cooling
YES
Stories
3
Total area
82,313 SF
Lot
4.41 ac (192,100 SF)
Zoning code
R3
APN
33-010-018
UPID
US73-0104524
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Perkasie, PAZoning R3 · permitted uses
R3 · Perkasie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$17.0M
RETAIL STORES
Est. value
$16.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.9M
OFFICE BUILDING Current
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
1940
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
4.41 ac
Current owner
From public records · entity-resolved
Edwin J Brooks JR.
Individual
Mailing address
418 MAIN ST, PENNSBURG, PA 18073-1502
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2017
—
Edwin J Brooks JR
—
Deed
related
$450,000 · Univest Bank & Trust Co
Dec 14, 2016
—
Edwin J Brooks JR.
—
Deed
related
$500,000 · Univest Bk & Tr Co
Aug 10, 2007
$746,856
Edwin J Brooks JR.
Brode,jeffrey R
Grant Deed
—
—
—
Telford Industrial Dev Authori
—
Deed Of Trust
related
$1,410,000 · First Savings Bank Perkasie
—
—
Edwin J Brooks JR.
—
Deed Of Trust
related
$1,187,500 · First Savings Bank Perkasie
—
—
Jeffrey R Brode
—
Deed Of Trust
related
$300,000 · First Savings Bank Perkasie
—
—
Edwin J Brooks JR.
—
Deed Of Trust
related
$500,000 · Univest Bk & Tr Co
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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