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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office Spaces
670 Lawn Ave Ste 1b Sellersville, PA 18960-1571
Individually Owned
2-yr Hold
Free & Clear
Property ID
US73-1674517
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Total area
1,602 SF
Zoning code
IS
APN
52-010-146-005-01B
UPID
US73-1674517
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
-
Alpha Dermatology of PA, LLC * Board Certified Dermatology Physician Medical Clinic
-
Crystalynn Desmond Physician
-
Shil V Cwalinski, DO Physician
-
Grand View Health Cardiology Alderfer and Travis Medical Clinic
-
Todd Alderfer, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$415k
Comparable Approach
Comparable
$487k
Blend (final)
Blend
$505k
Owner & transaction history
Alpha Dermatology Of Pa PLLC · 2 yrs held
Alpha Dermatology Of Pa PLLC
since 2023
Last sale
$500,000
1 recorded transaction
Zoning & alternative use
IS · Sellersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$395,000
+19.2%
Commercial (general)
$385,000
+15.5%
Auto repair, garage
$370,000
+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 Sellersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sellersville 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
$525,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$450,000
6.5%
$415,000
7%
$385,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$330,000
Current use
MEDICAL BUILDING
$395,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$385,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$370,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$315,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Sep 1 2023)
Last sale anchor
$500k
Sep 1 2023
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
$315 / 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
$8,294
Tax year 2024
Assessed value
$48,800
Assessed 2024
Previous assessed
$48,800
+0.0% YoY
Effective rate
17.00%
On assessed value
Assessed improvement
$48,800
Improvement market value
$668,490
Total market value
$668,490
Applied tax rate
52.0000
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
1988
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
1,602 SF
Zoning code
IS
APN
52-010-146-005-01B
UPID
US73-1674517
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IS · Sellersville, PA
Zoning IS · permitted uses
IS · Sellersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sellersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$330,000
MEDICAL BUILDING
Est. value
$395,000
COMMERCIAL (GENERAL)
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$370,000
RETAIL STORES
Est. value
$315,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1988
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Alpha Dermatology Of Pa PLLC
Individual
Free & Clear · 2 yrs held
Mailing address
19 CONISTON CT, PRINCETON, NJ 08540-7552
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
$500,000
Alpha Dermatology Of Pa PLLC
John F Jennings
Deed
—
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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