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Property profile & analytics
OFF-MARKET
Estimated value
$7,330,000
Warehouses
600 Dean Sievers Pl Morrisville, PA 19067-3706
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US73-0789245
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
78,000 SF
Lot
12.27 ac (534,481 SF)
Zoning code
HI
APN
13-051-001-010
UPID
US73-0789245
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
$5.06M
Blend (final)
Blend
$7.33M
Owner & transaction history
Phoenix Corp · 12 yrs held
Phoenix Corp
since 2014
6 recorded transactions
Zoning & alternative use
HI · Morrisville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Morrisville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrisville 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
WAREHOUSE, STORAGE
$9,075,000
Current use
Blend value · Realmo final
$7.33M
Range $6.60M – $8.06M · ±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
$94 / 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
$158,191
Tax year 2024
Assessed value
$710,320
Assessed 2024
Previous assessed
$710,320
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$155,830
Assessed improvement
$554,490
Land market value
$2,134,648
Improvement market value
$7,595,720
Total market value
$9,730,368
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
78,000 SF
Lot
12.27 ac (534,481 SF)
Zoning code
HI
APN
13-051-001-010
UPID
US73-0789245
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HI · Morrisville, PA
Zoning HI · permitted uses
HI · Morrisville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrisville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.1M
WAREHOUSE, STORAGE Current
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
2001
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
12.27 ac
Current owner
From public records · entity-resolved
Phoenix Corp
Entity
Mailing address
600 DEAN SIEVERS PL, MORRISVILLE, PA 19067-3706
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2014
$6,500,000
Phoenix Corp
Jmc Morrisville LLC
Grant Deed
—
Apr 26, 2012
$7,298,090
Jmc Morrisville LLC
Allied Tube & Conduit Corp
Grant Deed
—
Nov 20, 2009
$10,000,000
Chriscott USA INC
Nova Tube & Steel INC
Grant Deed
—
Apr 17, 2001
—
Nova Tube & Steel INC
—
Deed Of Trust
related
$40,000,000 · Fleet Capital Corp Ttee
Mar 10, 1999
$858,900
Novatlantic Steel & Tube Corp
Usx Corp
Grant Deed
—
—
—
Nova Tube & Steel INC
—
Deed Of Trust
related
$60,000 · Fleet Capital Corp
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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