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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Office buildings
80 2nd St Pike Southampton, PA 18966-3800
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-3050328
Property summary
AI-generated overview
This exceptional commercial office suite, located at 80 2nd Street Pike, Unit 1, Southampton, PA, presents a unique opportunity for businesses seeking a productive and convenient workspace. The 1.12-acre lot provides ample parking for employees, clients, and visitors, ensuring easy access and a positive first impression. The interior boasts three private offices, ideal for individual work or team collaboration, complemented by a spacious bullpen/reception/waiting area. This open area features a large window, flooding the space with natural light, creating a welcoming and vibrant atmosphere. A private restroom and a dedicated back room area add to the suite's functionality and convenience. The property's strategic location in the heart of Southampton's business community offers easy access to a variety of dining and retail options, enhancing the work-life balance for your team. This office suite is perfectly positioned to elevate your professional image and contribute to your business's overall success. The property is available for lease
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
10,138 SF
Lot
1.12 ac (48,700 SF)
Zoning code
LI
APN
48-015-020
UPID
US73-3050328
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
-
Stephen L Needles Law Office Law Firm
-
Dubin Steven G Law Firm
-
HTO Systems Inc Security Service General Contractor
-
Investor Special Deals Property Investment Company
-
Allstate Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.46M
Owner & transaction history
Red Hill Propertypa LLC · 8 yrs held
Red Hill Propertypa LLC
since 2018
7 recorded transactions
Zoning & alternative use
LI · Southampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+32.6%
Auto repair, garage
$2.4M
+28.8%
Retail stores
$2.0M
+9.8%
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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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
$1,830,000
Current use
COMMERCIAL (GENERAL)
$2,425,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,355,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$2,010,000
Change: +10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,835,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$144 / 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
$15,113
Tax year 2024
Assessed value
$70,660
Assessed 2024
Previous assessed
$70,660
+0.0% YoY
Effective rate
21.39%
On assessed value
Assessed land
$27,840
Assessed improvement
$42,820
Land market value
$381,368
Improvement market value
$586,573
Total market value
$967,941
Applied tax rate
48.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
10,138 SF
Lot
1.12 ac (48,700 SF)
Zoning code
LI
APN
48-015-020
UPID
US73-3050328
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Southampton, PA
Zoning LI · permitted uses
LI · Southampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
OFFICE BUILDING Current
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Red Hill Propertypa LLC
Entity
Mailing address
PO BOX 4173, WARREN, NJ 07059-0173
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2018
$3,700,000
Red Hill Propertypa LLC
M Sannuti Dev INC
Trustees Deed
$2,775,000 · Trumark Fin'l Cu
Jun 2, 1997
$310,000
M Sannuti Development Corp
80 Second Street Pike Assoc
Grant Deed
$350,000 · First Republic Bank
—
—
M Sannuti Development INC
—
Deed Of Trust
related
$206,000 · First Republic Bank
—
—
M Sannuti Dev INC
—
Deed Of Trust
related
$300,000 · Paul A Bunn
—
—
M Sannuti Dev INC
—
Deed Of Trust
related
$75,000 · Independent Mtg
—
—
M Sannuti Dev INC
—
Deed Of Trust
related
$19,712 · Coley & Handy
—
—
M Sannuti Development INC
—
Deed Of Trust
related
$852,500 · First Republic 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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