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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    545 Wistar Rd Fairless Hills, PA 19030

    • Garden apartment buildings
    • 132,780 SF
    • 11.09 lot acres
    OFF-MARKET
    Last Sale
    Jan 21, 2020
    $21,727,305
    Value Estimations
    $24,475,000
    Show details
    Cap Rate Potential
    5.9%
    Garden apartment buildings
    Location Intelligence
    Property ID
    US73-5802251
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 545 Wistar Rd

    Year built
    1973
    Lot size
    11.09 lot acres
    Property size
    132,780 SF
    Zone code
    R3
    Property type
    Garden apartment buildings
    APN
    05-031-057
    APU
    5031057

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $27,990,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $27,400,000
      6.5%
      $25,290,000
      7%
      $23,485,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $25,640,000
      Market price range: $19.9M - $70.9M

    • 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

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairless Hills
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8539
    Latitude
    40.1637
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $554,557
    $255,140
    $1,786,900
    $2,042,040
    -
    $3,495,053
    $24,477,976
    $27,973,029

    Comparable in this City

    • Value Estimation
      $4,840,000
      49,867 SF

      460 Olds Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 49,867 SF
      460 Olds Blvd, Fairless Hills, PA 19030-3500
      View Details
    • Value Estimation
      $1,500,000
      8,871 SF

      380 Lincoln Hwy

      GARDEN APT, COURT APT (5+ UNITS) • 8,871 SF
      380 Lincoln Hwy, Fairless Hills, PA 19030-1210
      View Details
    • Value Estimation
      $1,085,000
      9,976 SF

      251 Olds Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 9,976 SF
      251 Olds Blvd, Fairless Hills, PA 19030-3426
      View Details
    • Value Estimation
      $7,185,000
      74,691 SF

      190 Bristol Oxford Vly Rd

      GARDEN APT, COURT APT (5+ UNITS) • 74,691 SF
      190 Bristol Oxford Vly Rd, Fairless Hills, PA 19030
      View Details
    • Value Estimation by Request
      1,680 SF

      640 Lincoln Hwy

      GARDEN APT, COURT APT (5+ UNITS) • 1,680 SF
      640 Lincoln Hwy, Fairless Hills, PA 19030-1409
      View Details
    • Value Estimation
      $5,395,000
      28,680 SF

      251 Olds Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 28,680 SF
      251 Olds Blvd, Fairless Hills, PA 19030-3426
      View Details

    Similar Nearby for Sale

    • $1,790,000

      Highway Frontage Commercial and Residential

      Two parcels with commercial highway frontage and residential apartments.
      329 E Lincoln Hwy, Fairless Hills, PA 19030
      View Details
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      Updated Home Ready to Move

      Updated three-bedroom, one-bathroom home with modern amenities and convenient location.
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    • $1,795,000
      1.48 Acres

      Lincoln Highway Commercial Land

      1.48 Acres, High-Traffic Location, PA
      173 Lincoln Hwy, Fairless Hills, PA 19030
      View Details
    • Contact for pricing
      54,064 SF

      High-Quality Office Building For Sale

      Prime location, functional layout, renovated, and accessible office building.
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      View Details
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      Retail Space with Main Entrance

      Available retail space with dedicated entrance and shared parking.
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    • $1,795,000

      Prime Redevelopment Opportunity on Highway

      1.48 acre commercial land for sale or lease.
      173 Lincoln Hwy, Fairless Hills, PA 19030
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,551 SF

      Fairless Hills Retail End Cap

      Retail space in the heart of Fairless Hills, PA.
      405-467 S Oxford Valley Rd, Fairless Hills, PA 19030
      View Details
    • $19 SF/Yr
      10,852 SF

      Bucks County Suburban Office Space

      Professional office space with turn-key options in Fairless Hills.
      430-450 Lincoln Hwy, Fairless Hills, PA 19030
      View Details
    • Contact for pricing
      3,000 SF

      Fairless Hills Retail Space Available

      Retail spaces for lease in Fairless Hills, Pennsylvania.
      471 S Oxford Valley Rd, Fairless Hills, PA 19030
      View Details
    • $1,850 /Mo

      Retail Space on Trenton Road

      Retail space available in high-traffic Fairless Hills strip center.
      914 Trenton Rd, Fairless Hills, PA 19030
      View Details
    • $13 SF/Yr
      196,891 SF

      Fairless Hills Office & Lab

      Versatile 6,275 SF office and lab space available for lease.
      99 Newbold Rd, Fairless Hills, PA 19030
      View Details
    • Contact for pricing

      Fairless Hills Warehouse with Paved Area

      65,536 SF warehouse with 2 acres of paved area.
      Fairless Hills, PA 19030
      View Details
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    545 Wistar Rd
    Fairless Hills, PA 19030
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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