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Property profile & analytics
OFF-MARKET
Medical Office Space
55 Main St Sellersville, PA 18960-2327
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0447085
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Total area
1,950 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MR
APN
39-005-285-001
UPID
US73-0447085
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
-
Dr. Joseph Mirtaj Dental Office
-
Cho Michael Y DDS Dental Office
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
Joseph A Mirtaj · 13 yrs held
Joseph A Mirtaj
since 2013
3 recorded transactions
Zoning & alternative use
MR · Sellersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
stricts. § 160-16 Applicability. § 160-17 Zoning Map. § 160-18 Boundaries of districts. Article IV District Regulations § 160-19 Low-Density Residential District. § 160-20 Medium-Density Residential District. § 160-20.1 MR-1 Medium-Density Residential District-1. § 160-21 Planned Residential Districts. § 160-22 Neighborhood Commercial District. § 160-23 Boro…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
242.08 ac
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 Sellersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sellersville 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
$3,718
Tax year 2024
Assessed value
$19,600
Assessed 2024
Previous assessed
$19,600
+0.0% YoY
Effective rate
18.97%
On assessed value
Assessed land
$6,440
Assessed improvement
$13,160
Land market value
$88,219
Improvement market value
$180,273
Total market value
$268,492
Applied tax rate
39.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
1,950 SF
Lot
0.2 ac (8,712 SF)
Zoning code
MR
APN
39-005-285-001
UPID
US73-0447085
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MR · Sellersville, PAZoning MR · permitted uses
MR · Sellersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
stricts. § 160-16 Applicability. § 160-17 Zoning Map. § 160-18 Boundaries of districts. Article IV District Regulations § 160-19 Low-Density Residential District. § 160-20 Medium-Density Residential District. § 160-20.1 MR-1 Medium-Density Residential District-1. § 160-21 Planned Residential Districts. § 160-22 Neighborhood Commercial District. § 160-23 Borough Core District. § 160-24 Industrial District. Article V Natural Resource Protec
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
242.08 ac
Building & site characteristics
From public records
Year built
1969
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Joseph A Mirtaj
Individual
Mailing address
380 LANGBERG LN, AMBLER, PA 19002-1965
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2013
—
Joseph A Mirtaj
Mirtaj,joseph A
Quit Claim Deed
related
$1,500,000 · Bucks County Bank
May 26, 2000
$300,000
Joseph A Martaj
Grallnick,shirley H
Grant Deed
—
—
—
Joseph A Martaj
—
Deed Of Trust
related
$510,000 · Pnc 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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