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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Retail space
4508 New Fls Rd Levittown, PA 19056-3011
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0115883
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
3,316 SF
Lot
1.35 ac (59,004 SF)
Zoning code
R3
APN
05-021-162
UPID
US73-0115883
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$620k
Owner & transaction history
Millies Properties LLC · 4 yrs held
Millies Properties LLC
since 2021
Last sale
$575,000
7 recorded transactions
Zoning & alternative use
R3 · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$820,000
+24.6%
Commercial (general)
$795,000
+20.8%
Auto repair, garage
$770,000
+17.3%
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 Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown 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
$660,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
RETAIL STORES
$655,000
Current use
MEDICAL BUILDING
$820,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$770,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$685,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$600,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $575k (Dec 6 2021)
Last sale anchor
$575k
Dec 6 2021
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
$187 / 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
$9,668
Tax year 2024
Assessed value
$35,600
Assessed 2024
Previous assessed
$35,600
+0.0% YoY
Effective rate
27.16%
On assessed value
Assessed land
$18,480
Assessed improvement
$17,120
Land market value
$253,150
Improvement market value
$234,520
Total market value
$487,670
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
3,316 SF
Lot
1.35 ac (59,004 SF)
Zoning code
R3
APN
05-021-162
UPID
US73-0115883
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Levittown, PA
Zoning R3 · permitted uses
R3 · Levittown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Levittown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$655,000
MEDICAL BUILDING
Est. value
$820,000
COMMERCIAL (GENERAL)
Est. value
$795,000
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING
Est. value
$685,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$600,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
Millies Properties LLC
Entity
Mailing address
4508 NEW FLS RD, LEVITTOWN, PA 19056-3011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$575,000
Millies Properties LLC
Way Of Life Recovery LLC
Deed
$412,500 · Lima One Capital LLC
Oct 26, 2016
—
Way Of Life Recovery LLC
—
Deed
related
$240,000 · Firstrust Bank
Jul 12, 2016
$300,000
Way Of Life Recovery LLC
Zeek & Levins LLC
Grant Deed
—
Jul 6, 2016
—
Zeek & Levins LLC
Winfield H Moyer JR & David D
Grant Deed
—
Oct 14, 2014
$150,000
Zeek & Levins LLC
Moyer,winfield H JR
Grant Deed
$150,000 · Winfield H Moyer JR & David D
Sep 16, 2014
$1,091
Winfield H Moyer JR.
Sheriff Of Bucks County
Trustees Deed
related
—
Jun 13, 2006
$380,000
Iglesia E Y Amor
Gomez,david D JR
Grant Deed
$304,000 · Winfield H JR Moyer
—
—
David D Gomez
—
Deed Of Trust
related
$800,000 · First Union National 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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