Technical
Financial
Distress signals
Property profile

450 Progress Dr Horsham, PA 19044

OFF-MARKET
Warehouses
Property ID
US73-4267962
49,060 SF 6.13 ac lot Built 1996
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Total area 49,060 SF
Lot 6.13 ac (267,023 SF)
Zoning code I1
APN 36-00-09953-40-6
UPID US73-4267962

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

450 Progress Dr Horsham, PA 19044-1300
Horsham metro Census 200506 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.20M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2017
6 recorded transactions
2018
Price N/A
2017
$3.0M
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Horsham, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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