New search
Property profile & analytics
OFF-MARKET
Estimated value
$24,475,000
Garden apartment buildings
545 Wistar Rd Fairless Hills, PA 19030
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5802251
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
132,780 SF
Lot
11.09 ac (483,211 SF)
Zoning code
R3
APN
05-031-057
UPID
US73-5802251
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
by Request
CAP Approach
CAP
$25.29M
Comparable Approach
Comparable
$25.64M
Blend (final)
Blend
$24.48M
Owner & transaction history
Idden Forest De 1 LLC · 6 yrs held
Idden Forest De 1 LLC
since 2020
Last sale
$21.7M
7 recorded transactions
Zoning & alternative use
R3 · Fairless Hills, 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 Fairless Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairless Hills 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
$27,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,400,000
6.5%
$25,290,000
7%
$23,485,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$36,280,000
Current use
MEDICAL BUILDING
$32,765,000
Change: -10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$31,770,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$30,855,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$24.48M
Range $22.03M – $26.92M · ±10% · vs last sale $21.73M (Jan 21 2020)
Last sale anchor
$21.73M
Jan 21 2020
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
$184 / 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
$554,557
Tax year 2024
Assessed value
$2,042,040
Assessed 2024
Previous assessed
$2,042,040
+0.0% YoY
Effective rate
27.16%
On assessed value
Assessed land
$255,140
Assessed improvement
$1,786,900
Land market value
$3,495,053
Improvement market value
$24,477,976
Total market value
$27,973,029
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Heating
CENTRAL
Cooling
YES
Stories
2
Units
218
Total area
132,780 SF
Lot
11.09 ac (483,211 SF)
Zoning code
R3
APN
05-031-057
UPID
US73-5802251
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Fairless Hills, PA
Zoning R3 · permitted uses
R3 · Fairless Hills, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairless Hills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$36.3M
MEDICAL BUILDING
Est. value
$32.8M
COMMERCIAL (GENERAL)
Est. value
$31.8M
AUTO REPAIR, GARAGE
Est. value
$30.9M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1973
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
218
Lot
11.09 ac
Current owner
From public records · entity-resolved
Idden Forest De 1 LLC
Entity
Mailing address
PO BOX 580, LAKEWOOD, NJ 08701-0580
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2020
—
Hidden Forest De 1 LLC
—
Deed
related
$29,004,000 · Greystone Servicing Co LLC
Jan 21, 2020
$21,727,305
Idden Forest De 1 LLC
Hf Apartments LLC
Grant Deed
—
Oct 4, 2017
$18,725,507
Hf Apartments LLC
Crp Hidden Forest LLC
Trustees Deed
$40,000,000 · Miscellaneous Ins Co
Jul 13, 2016
—
Crp Hidden Forest LLC
—
Deed
related
$17,600,000 · Flushing Bk
Jul 30, 2014
$21,300,000
Crp Hidden Forest LLC
Tgm Hidden Forest INC
Trustees Deed
$15,975,000 · Flushing Bk
Dec 9, 2003
$18,100,000
Tgm Hidden Forest INC
Bf Hidden Forest LP
Grant Deed
—
Jan 22, 2001
—
Bf Hidden Forest LP
—
Deed Of Trust
related
$9,200,000 · Greenwich Capital Fin'l INC
Sep 20, 2000
—
Bf Hidden Forest LP
Amresco Financial I INC
Grant Deed
related
—
Jul 9, 1998
$4,081,946
Amresco Financial I INC
Astoria Federal S&l Assoc
Grant Deed
related
—
Apr 29, 1998
$2,550,000
Federal S Astoria
Harrington Woods LP
Trustees Deed
related
—
—
—
Crp Hidden Forest LLC
—
Loan Modification
related
$17,600,000 · Flushing Bk
—
—
Amresco Financial I INC
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 545 Wistar Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
