New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Medical Office Space
833 Butler Ave, New Britain, PA 18901-2280
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-5772616
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2000
Total area
10,756 SF
Lot
12.09 ac (526,640 SF)
Zoning code
R1
APN
25-009-087
UPID
US73-5772616
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
by Request
CAP Approach
CAP
$2.29M
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$2.25M
Owner & transaction history
Uhs Of Doylestown LLC · 18 yrs held
Uhs Of Doylestown LLC
since 2007
7 recorded transactions
Zoning & alternative use
R1 · New Britain, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+31.4%
Office building
$3.1M
+15.0%
Apartment house (5+ units)
$2.9M
+10.7%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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%
$2,480,000
6.5%
$2,290,000
7%
$2,125,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,655,000
Current use
RESTAURANT
$3,490,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$3,050,000
Change: +15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,940,000
Change: +11% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,500,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,360,000
Change: -11% · Conversion: Easy
RETAIL STORES
$2,130,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$209 / 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
$153,396
Tax year 2024
Assessed value
$761,800
Assessed 2024
Previous assessed
$761,800
+0.0% YoY
Effective rate
20.14%
On assessed value
Assessed land
$120,920
Assessed improvement
$640,880
Land market value
$1,656,431
Improvement market value
$8,779,140
Total market value
$10,435,571
Applied tax rate
25.0000
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2000
Heating
CENTRAL
Cooling
YES
Buildings
8
Stories
1
Total area
10,756 SF
Lot
12.09 ac (526,640 SF)
Zoning code
R1
APN
25-009-087
UPID
US73-5772616
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · New Britain, PA
Zoning R1 · permitted uses
R1 · New Britain, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
2000
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Lot
12.09 ac
Current owner
From public records · entity-resolved
Uhs Of Doylestown LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2007
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
Jan 15, 2013
—
Uhs Of Doylestown LLC
—
Deed Of Trust
related
—
Aug 16, 2007
$10,050,000
Uhs Of Doylestown LLC
Foundations Behavioral Health
Grant Deed
—
Nov 1, 2000
—
Dekaware Valley Mental Health
—
Grant Deed
related
$1,900,000 · Harleysville Nat'l Bank & Trus
Jun 1, 1999
—
Foundations Behavioral Health
Bucks County Industrial Develo
Grant Deed
related
$1,900,000 · Harleysville Nat'l Bank & Trus
—
—
Bucks County Industrial Develo
—
Deed Of Trust
related
$800,000 · Harleysville Nat'l Bank & Trus
—
—
Bucks County Industrial Develo
—
Deed Of Trust
related
$250,000 · Harleysville Nat'l Bank & Trus
—
—
Bucks County Industrial Develo
—
Deed Of Trust
related
$400,000 · Harleysville Nat'l Bank & Trus
—
—
Albert M Honig
—
Deed Of Trust
related
$54,400 · Delaware Valley Mental Health
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 833 Butler Ave?
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.
