Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,765,000
Hotels
720 Blair Ml Rd 1 Horsham, PA 19044-2269
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5125068
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2019
Total area
101,895 SF
Lot
1.35 ac (58,943 SF)
Zoning code
I2
APN
36-00-00862-10-9
UPID
US73-5125068
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
-
Homewood Suites by Hilton Horsham Willow Grove Hotel & Motel Vacation Rental
-
Purple Health and Safety - North Philadelphia Area Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.76M
Blend (final)
Blend
$10.77M
Owner & transaction history
Horsham Mill LP · 1 yrs held
Horsham Mill LP
since 2025
1 recorded transaction
Zoning & alternative use
I2 · Horsham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.2M
+110.6%
Restaurant
$9.8M
+27.5%
Retail stores
$9.3M
+20.7%
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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
HOTEL/MOTEL
$7,710,000
Current use
AUTO REPAIR, GARAGE
$16,240,000
Change: +111% · Conversion: Difficult
RESTAURANT
$9,835,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$9,310,000
Change: +21% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,520,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$8,440,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,050,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$7,590,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$10.77M
Range $9.69M – $11.84M · ±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
$106 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$270,882
Tax year 2023
Assessed value
$6,891,280
Assessed 2024
Previous assessed
$6,891,280
+0.0% YoY
Effective rate
3.93%
On assessed value
Total market value
$6,891,280
Applied tax rate
36.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
CENTRAL
Units
112
Total area
101,895 SF
Lot
1.35 ac (58,943 SF)
Zoning code
I2
APN
36-00-00862-10-9
UPID
US73-5125068
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · Horsham, PA
Zoning I2 · permitted uses
I2 · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Horsham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$16.2M
RESTAURANT
Est. value
$9.8M
RETAIL STORES
Est. value
$9.3M
INDUSTRIAL (GENERAL)
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$8.4M
COMMERCIAL (GENERAL)
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2019
Heating
FORCED AIR
Cooling
Yes
Units
112
Lot
1.35 ac
Current owner
From public records · entity-resolved
Horsham Mill LP
Entity
Mailing address
620 RIGHTERS FRY RD, BALA CYNWYD, PA 19004-1347
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jul 3, 2025
—
Horsham Mill LP
—
Deed
related
$12,300,000 · Union Savings 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 720 Blair Ml Rd, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
