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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Warehouses
670 Louis Dr Warminster, PA 18974-2880
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2755344
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
64,720 SF
Lot
3.74 ac (163,132 SF)
Zoning code
I
APN
49-009-083-009
UPID
US73-2755344
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
-
Cawley Associates Employment Agency
-
Tax Associates Tax Preparation
-
Sapling Co Inc Industrial Manufacturer Production Facility
-
WolfPack Tackle (Bike/Boat/Book/etc) Store
-
First Class Funding Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$2.44M
Owner & transaction history
Bucks Cnty Indl Dev Authority · 5 yrs held
Bucks Cnty Indl Dev Authority
since 2020
Last sale
$2.0M
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
Method
Estimation
Statistic approach
$2,575,000
ML approach
$2,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±10% · vs last sale $2.00M (Oct 7 2020)
Last sale anchor
$2.00M
Oct 7 2020
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
$38 / 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
$87,982
Tax year 2024
Assessed value
$416,850
Assessed 2024
Previous assessed
$416,850
+0.0% YoY
Effective rate
21.11%
On assessed value
Assessed land
$56,200
Assessed improvement
$360,650
Land market value
$769,860
Improvement market value
$4,940,390
Total market value
$5,710,250
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
64,720 SF
Lot
3.74 ac (163,132 SF)
Zoning code
I
APN
49-009-083-009
UPID
US73-2755344
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Warminster, PAZoning I · permitted uses
I · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.74 ac
Current owner
From public records · entity-resolved
Bucks Cnty Indl Dev Authority
Entity
Mailing address
670 LOUIS DR #682, WARMINSTER, PA 18974-2880
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2020
—
Bucks Cnty Indl Dev Authority
Bucks Cnty Indl Dev Authority
Quit Claim Deed
—
Feb 11, 2019
$2,000,000
Sapling INC
Rod & Reel Estate LLC
Grant Deed
—
Feb 11, 2019
—
Bucks Cnty Indl Dev Authority
—
Deed
related
$2,000,000 · Industrial Dev Auth
Jun 20, 2017
—
Rod & Reel Estate LLC
—
Deed
$2,000,000 · Td Bk NA
Jun 2, 2016
—
Bucks Cnty Indl Dev Authority
Vogel,edward W & Mary C
Grant Deed
$2,720,000 · Td Bk NA
—
—
Rod & Reel Estate LLC
—
Deed Of Trust
$3,600,000 · Industrial Dev Auth
—
—
Edward W Vogel
—
Deed Of Trust
related
$1,800,000 · First Service Bank
—
—
Edward W Vogel
—
Deed Of Trust
related
$300,000 · First Service Bank
—
—
Edward R Vogel
—
Deed Of Trust
related
$300,000 · First Service Bank
—
—
Rod & Reel Estate LLC
—
Deed Of Trust
related
$2,000,000 · Td Bk NA
—
—
Rod & Reel Estate LLC
—
Deed Of Trust
related
$2,720,000 · Td Bk NA
—
—
Edward W Vogel
—
Deed Of Trust
related
$400,000 · Quakertown National Bank
—
—
Edward W Vogel
—
Deed Of Trust
related
$350,000 · First Service Bank
—
—
Edward W Vogel
—
Deed Of Trust
related
$200,000 · First Service Bank
—
—
Edward W Vogel
—
Deed Of Trust
related
$100,000 · First Service Bank
—
—
Edward R Vogel
—
Deed Of Trust
related
$650,000 · First Service Bank
—
—
Edward R Vogel
—
Deed Of Trust
related
$30,000 · First Service Bank
—
—
Edward R Vogel
—
Deed Of Trust
related
$450,000 · Quakertown National Bank
—
—
Bucks Cnty Indl Dev Authority
—
Deed Of Trust
related
$2,000,000 · Industrial Dev Auth
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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