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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Office buildings
57 St Rd Southampton, PA 18966-3100
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2711735
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Total area
4,618 SF
Lot
0.41 ac (17,690 SF)
Zoning code
R3
APN
48-003-011-001
UPID
US73-2711735
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. Sidney H. Don, MD Pediatrician Medical Clinic
-
Dr. Michael S. Cahan, MD Physician
-
Strock Stephen E DDS Dental Office
-
Dental Implant Solutions Southampton PA Dental Office
-
World Wide Automobile Loan Service Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$705k
Owner & transaction history
Gevork Kavtarian · 9 yrs held
Gevork Kavtarian
since 2017
7 recorded transactions
Zoning & alternative use
R3 · Southampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+36.8%
Commercial (general)
$1.1M
+32.6%
Auto repair, garage
$1.1M
+28.8%
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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Current use
MEDICAL BUILDING
$1,140,000
Change: +37% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,105,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,075,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$915,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$835,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$153 / 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
$13,518
Tax year 2024
Assessed value
$63,200
Assessed 2024
Previous assessed
$63,200
+0.0% YoY
Effective rate
21.39%
On assessed value
Assessed land
$21,080
Assessed improvement
$42,120
Land market value
$288,766
Improvement market value
$576,984
Total market value
$865,750
Applied tax rate
48.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
4,618 SF
Lot
0.41 ac (17,690 SF)
Zoning code
R3
APN
48-003-011-001
UPID
US73-2711735
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Southampton, PA
Zoning R3 · permitted uses
R3 · Southampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$835,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$835,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1962
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Gevork Kavtarian
Individual
Mailing address
260 KNOWLES AVE STE #300, SOUTHAMPTON, PA 18966-1556
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2017
$1,600,000
Gevork Kavtarian
Kovar,harry & Sondra
Trustees Deed
$1,200,000 · Peoples Sec Bk&tr
Jul 17, 2012
—
Harry Kovar
Kovar,harry & Sondra
Quit Claim Deed
related
$1,275,000 · Bank Of America
Mar 7, 2001
$550,000
Harry Kovar
Industrial Dev Auth Bucks Coun
Grant Deed
$960,000 · Royal Bank Of Pennsylvania
—
—
Sandra Kovar
—
Deed Of Trust
related
$1,000,000 · Bank Of America
—
—
Harry Kovar
—
Deed Of Trust
related
$1,000,000 · Citizens Bk/pa
—
—
Harry Kovar
—
Loan Modification
related
$1,250,000 · Eagle Bk
—
—
Harry Kovar
—
Deed Of Trust
related
$1,000,000 · Citizens Bank Pennsylvania
—
—
Harrry Kovar
—
Deed Of Trust
related
$100,000 · Royal 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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