Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces
600 Louis Dr Warminster, PA 18974-2844
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1749124
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
1,283 SF
Zoning code
I
APN
49-009-083W204
UPID
US73-1749124
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
-
Excelsia Injury Care Warminster Medical Clinic
-
Meesha Aesthetics - Warminster Spa & Massage Center Alternative Medicine Practice
-
Brian Bayzick DC - Tri County PMC Alternative Medicine Practice
-
Hair Creation Studio Inc Hair Salon Nail Salon
-
Green Street Real Estate Real Estate Agency
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
Kelly Richards Clement · 9 yrs held
Kelly Richards Clement
since 2017
7 recorded transactions
Zoning & alternative use
I · Warminster, 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 Warminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warminster 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
$8,780
Tax year 2024
Assessed value
$41,600
Assessed 2024
Previous assessed
$41,600
+0.0% YoY
Effective rate
21.11%
On assessed value
Assessed improvement
$41,600
Improvement market value
$569,861
Total market value
$569,861
Applied tax rate
49.0000
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
1985
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
1,283 SF
Zoning code
I
APN
49-009-083W204
UPID
US73-1749124
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Warminster, PA
Zoning I · permitted uses
I · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Current owner
From public records · entity-resolved
Kelly Richards Clement
Individual
Mailing address
1637 DEER RUN DR, JAMISON, PA 18929-1774
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
Jan 4, 2017
$460,000
Kelly Richards Clement
600 Louis Drive LLC
Deed
$372,000 · Insplre FCU
Apr 2, 2015
$270,000
600 Louis Drive LLC
Coba INC
Grant Deed
—
Nov 30, 2012
$1,350
Coba INC
Deputy Sheriff Of Bucks County
Trustees Deed
related
—
Jun 11, 2009
—
Joseph E Pascucci
Dicicco,amy
Grant Deed
related
—
Nov 26, 2008
—
Amy Dicicco
Owner,record
Grant Deed
related
—
Oct 3, 2007
—
Joseph E Pascucci
Dicicco,amy
Grant Deed
related
—
Oct 18, 2006
—
Amy Dicicco
Pascucci,joseph
Grant Deed
related
—
Aug 10, 2005
$750,000
Joseph E Pascucci
Tater LP I
Grant Deed
$640,000 · Commerce Bank Pennsylvania NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 600 Louis Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
