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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail residential properties
600 Tyburn Rd Morrisville, PA 19067-3616
Entity Owned
Absentee Owner
Free & Clear
Property ID
US73-2608900
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1993
Total area
1,844 SF
Lot
423.19 ac (18,434,069 SF)
Zoning code
HI
APN
13-047-062
UPID
US73-2608900
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
$600k
CAP Approach
CAP
$385k
Comparable Approach
Comparable
$688k
Blend (final)
Blend
$535k
Owner & transaction history
WARNER CO
WARNER CO
Zoning & alternative use
HI · Morrisville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$455,000
+3.2%
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 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
$600,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$385,000
7%
$355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$440,000
Current use
MEDICAL BUILDING
$455,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$430,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$385,000
Change: -12% · Conversion: Easy
RETAIL STORES
$365,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$290 / 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
$202,366
Tax year 2024
Assessed value
$908,680
Assessed 2024
Previous assessed
$908,680
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$821,120
Assessed improvement
$87,560
Land market value
$11,248,170
Improvement market value
$1,199,447
Total market value
$12,447,617
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1993
Heating
CENTRAL
Cooling
YES
Buildings
3
Stories
1
Total area
1,844 SF
Lot
423.19 ac (18,434,069 SF)
Zoning code
HI
APN
13-047-062
UPID
US73-2608900
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
COMMERCIAL (GENERAL) Current
Est. value
$440,000
MEDICAL BUILDING
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$430,000
OFFICE BUILDING
Est. value
$385,000
RETAIL STORES
Est. value
$365,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1993
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
423.19 ac
Current owner
From public records · entity-resolved
WARNER CO
Individual
Free & Clear · 0 yrs held
Mailing address
1000 NEW FRD ML RD, MORRISVILLE, PA 19067-3704
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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