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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office Spaces
670 Lawn Ave 2-A2 Sellersville, PA 18960-1571
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-2016269
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1988
Total area
3,224 SF
Zoning code
IS
APN
52-010-146-005-02A
UPID
US73-2016269
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$565k
Owner & transaction history
Travis & Alderfer Investments LP · 18 yrs held
Travis & Alderfer Investments LP
since 2008
3 recorded transactions
Zoning & alternative use
IS · Sellersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$795,000
+19.2%
Commercial (general)
$770,000
+15.5%
Auto repair, garage
$750,000
+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
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
$670,000
Current use
MEDICAL BUILDING
$795,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$770,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$750,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$640,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$585,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$175 / 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
$11,509
Tax year 2024
Assessed value
$67,720
Assessed 2024
Previous assessed
$67,720
+0.0% YoY
Effective rate
16.99%
On assessed value
Assessed improvement
$67,720
Improvement market value
$927,667
Total market value
$927,667
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
3,224 SF
Zoning code
IS
APN
52-010-146-005-02A
UPID
US73-2016269
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
$670,000
MEDICAL BUILDING
Est. value
$795,000
COMMERCIAL (GENERAL)
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$750,000
RETAIL STORES
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$585,000
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
Travis & Alderfer Investments LP
Entity
Mailing address
670 LAWN AVE STE 3A, SELLERSVILLE, PA 18960-1571
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
May 29, 2008
$595,250
Travis & Alderfer Investments LP
Stoneridge 2-a Associates LP
Deed
$476,000 · Univest National Bank & Trust Co
—
—
Travis LP
—
Loan Modification
related
$358,983 · Univest Bank & Trust Co
—
—
Travis LP
—
Loan Modification
related
$353,033 · Univest Bank & Trust 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.
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