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Property profile & analytics
OFF-MARKET
Estimated value
$5,670,000
Hotels
537 Dresher Rd Horsham, PA 19044-1995
Entity Owned
~
Est. High Equity
Property ID
US73-0288254
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1998
Total area
63,123 SF
Lot
4.12 ac (179,467 SF)
Zoning code
I1
APN
36-00-03643-00-2
UPID
US73-0288254
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
-
Extended Stay America - Philadelphia - Horsham - Dresher Rd. Hotel & Motel Vacation Rental
-
Horsham Pa Hotel Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.00M
Comparable Approach
Comparable
$5.34M
Blend (final)
Blend
$5.67M
Owner & transaction history
Esa P Penfolio Operating Lessee LLC
Esa P Penfolio Operating Lessee LLC
since 2025
7 recorded transactions
Zoning & alternative use
I1 · Horsham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+27.5%
Retail stores
$5.8M
+20.7%
Industrial (general)
$5.3M
+10.5%
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%
$6,495,000
6.5%
$5,995,000
7%
$5,570,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,780,000
Current use
RESTAURANT
$6,095,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$5,770,000
Change: +21% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,280,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$5,230,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,985,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$4,700,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$5.67M
Range $5.10M – $6.24M · ±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
$90 / 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
$133,656
Tax year 2023
Assessed value
$3,400,250
Assessed 2024
Previous assessed
$3,400,250
+0.0% YoY
Effective rate
3.93%
On assessed value
Total market value
$3,400,250
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Units
136
Total area
63,123 SF
Lot
4.12 ac (179,467 SF)
Zoning code
I1
APN
36-00-03643-00-2
UPID
US73-0288254
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Horsham, PA
Zoning I1 · permitted uses
I1 · 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
HOTEL/MOTEL Current
Est. value
$4.8M
RESTAURANT
Est. value
$6.1M
RETAIL STORES
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$5.0M
OFFICE BUILDING
Est. value
$4.7M
HOTEL/MOTEL Current
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1998
Heating
FORCED AIR
Cooling
Yes
Units
136
Lot
4.12 ac
Current owner
From public records · entity-resolved
Esa P Penfolio Operating Lessee LLC
Entity
Mailing address
11525 N COMMUNITY HOUSE RD STE #100, CHARLOTTE, NC 28277-0772
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Esa P Penfolio Operating Lessee LLC
Esa Pa Properties LLC
Deed
—
Jul 20, 2021
$7,242,533
Esa Pa Properties LLC
Esa P Portfolio LLC
Deed
—
Feb 6, 2006
—
Bre Of Hv Properties LLC
—
Deed Of Trust
related
—
Jan 27, 2004
$460,000,000
Stearns Commerc Ial Mort Bear
Lasalle Bk NA
Grant Deed
related
—
Jan 27, 2004
—
Stearns Commerc Ial Mort Bear
Lasalle Bk NA
Grant Deed
related
—
Dec 19, 2001
—
Bre/hv Properties LLC
Atlantic Homestead Village LP
Grant Deed
related
—
Sep 8, 1997
—
Atlantic Homestead Village LP
—
Deed Of Trust
related
$100,000,000 · Commerzbank Ag New York Ttee
Jul 18, 1997
$690,000
Village LP Homestead
Lifson,kalman B & Marilyn
Grant Deed
—
—
—
Bre/hv Properties LLC
—
Deed Of Trust
related
$400,000 · Bear Stearns Funding INC
—
—
Esh Of Hv Properties LLC
—
Deed Of Trust
related
—
—
—
Esa P Portfolio LLC
—
Deed Of Trust
related
—
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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