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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Medical Office Space
833 Durham Rd Langhorne, PA 19047-5736
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-2712038
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Total area
4,422 SF
Lot
1.12 ac (48,700 SF)
Zoning code
R2
APN
22-045-402
UPID
US73-2712038
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
-
Durham Physicians: Di Rienzo Enrico J MD Pediatrician Physician
-
Gerry Rosales, MD Pediatrician Physician
-
Langehorne Physician Services Physician
-
Dr. John J. Lane, MD Pediatrician Physician
-
Larry Cohen, M.D. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$704k
Blend (final)
Blend
$625k
Owner & transaction history
Schaller Family Realty · 1 yrs held
Schaller Family Realty
since 2024
Last sale
$625,000
4 recorded transactions
Zoning & alternative use
R2 · Langhorne, PA
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 Langhorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Langhorne 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
$625,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$915,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Sep 3 2024)
Last sale anchor
$625k
Sep 3 2024
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
$141 / 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
$11,754
Tax year 2024
Assessed value
$53,990
Assessed 2024
Previous assessed
$53,990
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$9,280
Assessed improvement
$44,710
Land market value
$127,123
Improvement market value
$612,463
Total market value
$739,586
Applied tax rate
22.0000
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 BUILDING
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
4,422 SF
Lot
1.12 ac (48,700 SF)
Zoning code
R2
APN
22-045-402
UPID
US73-2712038
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Langhorne, PAZoning R2 · permitted uses
R2 · Langhorne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Langhorne Borough
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$915,000
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
1970
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Schaller Family Realty
Entity
Mailing address
833 DURHAM RD, LANGHORNE, PA 19047-5736
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2024
$625,000
Schaller Family Realty
Npik Holdings LLC
Deed
$468,750 · Firstrust Bank
Mar 31, 2017
$375,000
Npjk Holding LLC
Carriage Crest III LLC
Deed
$300,000 · Pnc Bank NA
May 12, 2004
—
Carriage Crest III LLC
Carriage Crest III
Quit Claim Deed
related
$350,000 · Wachovia Bank NA
—
—
John D Lane
—
Deed Of Trust
related
$90,000 · First Union National 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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