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Property profile & analytics
OFF-MARKET
Estimated value
$14,255,000
Office buildings
6 Neshaminy Interplex Trevose, PA 19053-6964
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US73-2666660
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Total area
113,605 SF
Lot
5.57 ac (242,629 SF)
Zoning code
HC
APN
02-001-001
UPID
US73-2666660
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
by Request
Comparable Approach
Comparable
$14.63M
Blend (final)
Blend
$14.26M
Owner & transaction history
Ni Associates Six LP · 26 yrs held
Ni Associates Six LP
since 2000
3 recorded transactions
Zoning & alternative use
HC · Trevose, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$23.5M
+15.7%
Neighborhood: shopping center
$20.6M
+1.4%
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 Trevose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trevose 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
$20,295,000
Current use
RETAIL STORES
$23,485,000
Change: +16% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$20,570,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$17,395,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$14.26M
Range $12.83M – $15.68M · ±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
$125 / 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
$164,543
Tax year 2024
Assessed value
$753,750
Assessed 2024
Previous assessed
$1,128,710
-33.2% YoY
Effective rate
21.83%
On assessed value
Assessed land
$121,330
Assessed improvement
$632,420
Land market value
$1,662,048
Improvement market value
$8,663,250
Total market value
$10,325,298
Applied tax rate
2.0000
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 (MULTI-STORY)
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
YES
Stories
6
Total area
113,605 SF
Lot
5.57 ac (242,629 SF)
Zoning code
HC
APN
02-001-001
UPID
US73-2666660
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HC · Trevose, PA
Zoning HC · permitted uses
HC · Trevose, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trevose. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$20.3M
RETAIL STORES
Est. value
$23.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$20.6M
INDUSTRIAL (GENERAL)
Est. value
$17.4M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1980
Heating
CENTRAL
Cooling
Yes
Stories
6
Lot
5.57 ac
Current owner
From public records · entity-resolved
Ni Associates Six LP
Entity
Mailing address
8 INTERPLEX DR STE #400, TREVOSE, PA 19053-6982
Ownership since
2000
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
Mar 8, 2019
—
Neshaminy Interplex LLC
—
Grant Deed
related
$26,500,000 · Liberty Bk
Feb 17, 2010
—
Ni Associates Six LP
—
Deed Of Trust
related
$6,200,000 · Capital One
Feb 10, 2000
$8,000,000
Ni Associates Six LP
Bucks County Ind'l Dev Authori
Grant Deed
$10,780,000 · Jackson National Life Ins 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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