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Property profile & analytics
OFF-MARKET
Commercial real estate
515 Walnut St Perkasie, PA 18944-1345
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5965147
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1920
Total area
2,058 SF
Lot
0.06 ac (2,831 SF)
Zoning code
C2
APN
33-005-160
UPID
US73-5965147
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
-
Kitchens by Carol R. Cherry, LLC Hardware & Home Improvement Furniture & Home Goods
-
Functional Neurology Associates Chiropractic Physician Medical Clinic
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
Crick & Nick LLC · 4 yrs held
Crick & Nick LLC
since 2021
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
C2 · 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
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
$3,164
Tax year 2024
Assessed value
$18,400
Assessed 2024
Previous assessed
$18,400
+0.0% YoY
Effective rate
17.20%
On assessed value
Assessed land
$5,040
Assessed improvement
$13,360
Land market value
$69,041
Improvement market value
$183,013
Total market value
$252,054
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
CENTRAL
Cooling
YES
Stories
2
Units
1
Total area
2,058 SF
Lot
0.06 ac (2,831 SF)
Zoning code
C2
APN
33-005-160
UPID
US73-5965147
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Perkasie, PA
Zoning C2 · permitted uses
C2 · Perkasie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perkasie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Crick & Nick LLC
Entity
Mailing address
209 W MAIN ST, LANSDALE, PA 19446-2003
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Crick & Nick LLC
—
Deed
related
$132,000 · Qnb Bank
Dec 21, 2021
$375,000
Crick & Nick LLC
515 West Walnut Assoc LLC
Deed
$278,400 · Qnb Bank
Dec 16, 2019
—
515 West Walnut Assoc LLC
—
Deed
related
$221,426 · Covenant Bank
Dec 16, 2014
$269,000
515 West Walnut Assoc LLC
Joseph M Finlayson
Deed
$269,000 · National Pennsylvania Bank
Jul 30, 2010
$260,000
Joseph M Finlayson
P F E LLC
Deed
$208,000 · Univest National Bank & Trust Co
Jul 10, 2006
$274,900
P F E LLC
Christine Feuchtmayer
Warranty Deed
$219,900 · First Savings Bank Of Perkasie
May 12, 2004
$235,000
Nicholas F Feuchtmayer
Shanley,aloysius J & Cheryl A
Grant Deed
$188,000 · First Savings Bank Perkasie
Sep 24, 2001
$134,900
Aloysius J Shanley
Pritchard,eugene L & Jodie L
Grant Deed
$196,000 · First Savings Bank Perkasie
May 5, 1999
$124,000
Eugeen L Pritchard
Uhlig,paul E & Olga T
Grant Deed
$150,000 · First Savings Bank Perkasie
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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