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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office Spaces
5775 Lowr York Rd New Hope, PA 18938
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3867802
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1870
Total area
2,224 SF
Zoning code
VC2
APN
06-016-011-001
UPID
US73-3867802
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
$645k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$469k
Blend (final)
Blend
$620k
Owner & transaction history
5775 Lower York Road LP · 4 yrs held
5775 Lower York Road LP
since 2021
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
VC2 · New Hope, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$855,000
+85.3%
Medical building
$550,000
+19.2%
Auto repair, garage
$515,000
+12.2%
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 New Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hope 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
$690,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$460,000
Current use
COMMERCIAL (GENERAL)
$855,000
Change: +85% · Conversion: Easy
MEDICAL BUILDING
$550,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$440,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$405,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $600k (Dec 10 2021)
Last sale anchor
$600k
Dec 10 2021
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
$279 / 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
$8,108
Tax year 2024
Assessed value
$49,800
Assessed 2024
Previous assessed
$49,800
+0.0% YoY
Effective rate
16.28%
On assessed value
Assessed improvement
$49,800
Improvement market value
$682,189
Total market value
$682,189
Applied tax rate
6.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1870
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
2,224 SF
Zoning code
VC2
APN
06-016-011-001
UPID
US73-3867802
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC2 · New Hope, PA
Zoning VC2 · permitted uses
VC2 · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hope. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$855,000
MEDICAL BUILDING
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$515,000
RETAIL STORES
Est. value
$440,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$405,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1870
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
5775 Lower York Road LP
Entity
Mailing address
PO BOX 303, LAHASKA, PA 18931-0303
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2021
$600,000
5775 Lower York Road LP
John C Mcginn
Deed
$450,000 · Penn Community Bank
Aug 16, 2002
$325,000
John C Mcginn
Liam Properties LP
Grant Deed
—
—
—
John C Mcginn
—
Deed Of Trust
related
$360,000 · National Penn Bank
—
—
John C Mcginn
—
Deed Of Trust
related
$150,000 · Univest National Bank & Tr Co
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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