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Property profile & analytics
OFF-MARKET
Estimated value
$4,475,000
Industrial properties
6814 Rte 202 New Hope, PA 18938-1078
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2565216
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Total area
400 SF
Lot
6.24 ac (271,640 SF)
Zoning code
LI
APN
41-028-067-001
UPID
US73-2565216
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
$4.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Omega Self Storage New Hope LLC · 3 yrs held
Omega Self Storage New Hope LLC
since 2023
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
LI · New Hope, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ct. § 275-31 CC Central Commercial District. § 275-32 HC Highway Commercial District. § 275-33 SC Shopping Center District. § 275-34 MU Mixed Use District. § 275-35 PRD Planned Residential Development District. § 275-36 LI Light Industrial District. § 275-37 LC Limited Commercial District. § 275-37.1 Riverfront Cultural District (Overlay). Article VI Regulat…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
48.74 ac
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 New Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hope 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
$4,625,000
ML approach
$4,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.48M
Range $4.03M – $4.92M · ±10% · vs last sale $4.40M (Apr 28 2023)
Last sale anchor
$4.40M
Apr 28 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
$11,188 / 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
$21,016
Tax year 2024
Assessed value
$128,400
Assessed 2024
Previous assessed
$128,400
+0.0% YoY
Effective rate
16.37%
On assessed value
Assessed land
$27,720
Assessed improvement
$100,680
Land market value
$379,724
Improvement market value
$1,379,172
Total market value
$1,758,896
Applied tax rate
41.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
400 SF
Lot
6.24 ac (271,640 SF)
Zoning code
LI
APN
41-028-067-001
UPID
US73-2565216
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · New Hope, PAZoning LI · permitted uses
LI · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ct. § 275-31 CC Central Commercial District. § 275-32 HC Highway Commercial District. § 275-33 SC Shopping Center District. § 275-34 MU Mixed Use District. § 275-35 PRD Planned Residential Development District. § 275-36 LI Light Industrial District. § 275-37 LC Limited Commercial District. § 275-37.1 Riverfront Cultural District (Overlay). Article VI Regulations Applicable to All Districts § 275-38 Area and dimensional requirements and pr
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
48.74 ac
Building & site characteristics
From public records
Year built
1996
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.24 ac
Current owner
From public records · entity-resolved
Omega Self Storage New Hope LLC
Entity
Mailing address
6814 RTE 202, NEW HOPE, PA 18938-1078
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
Omega Self Storage New Hope LLC
—
Deed
related
$1,705,000 · Empire State Certified Development Corp
Apr 28, 2023
$4,400,000
Omega Self Storage New Hope LLC
Robert R Magill
Deed
$2,380,000 · First Bank Of The Lake
Oct 12, 2021
—
Robert R Magill
—
Deed
related
$100,000 · The First National Bank & Trust Co Of Ne
Jun 18, 2018
—
Robert R Magill
—
Deed
related
$30,000 · The First Natl Bank & Trust Co Newtown
Oct 19, 2017
—
Robert R Magill
—
Deed
related
$250,000 · The First Natl Bank & Trust Co Newtown
—
—
Robert R Magill
—
Deed Of Trust
related
$650,000 · Premier Bank
—
—
Robert R Magill
—
Deed Of Trust
related
$25,000 · Union National Bank & Trust
—
—
Robert R Magill
—
Deed Of Trust
related
$170,000 · Premier Bank
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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