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Property profile & analytics
FOR LEASE
Office buildings
847 Easton Rd Warrington, PA 18976
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0954914
For Lease
1 / 4
$1,190,000
847 Easton Rd, Warrington, PA 18976
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
89,344 SF
Lot
9.69 ac (422,227 SF)
Zoning code
R2
APN
50-010-126
UPID
US73-0954914
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
-
JKM Health Alternative Medicine Practice
-
The Health and Wellness Center By Doylestown Gym & Fitness Center Alternative Medicine Practice
-
Gejer Eric Do Physician
-
Dr. Caren Franz DMD PC Dental Office
-
BuxMont Medical Associates Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Altera Warrington LLC · 4 yrs held
Altera Warrington LLC
since 2021
Last sale
$867,000
6 recorded transactions
Zoning & alternative use
R2 · Warrington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Warrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warrington 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
$995,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $867k (Sep 29 2021)
Last sale anchor
$867k
Sep 29 2021
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
$13 / 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
$393,730
Tax year 2024
Assessed value
$2,132,880
Assessed 2024
Previous assessed
$2,132,880
+0.0% YoY
Effective rate
18.46%
On assessed value
Assessed land
$253,280
Assessed improvement
$1,879,600
Land market value
$3,469,574
Improvement market value
$25,747,832
Total market value
$29,217,406
Applied tax rate
50.0000
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
For Lease
Year built
2001
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
89,344 SF
Lot
9.69 ac (422,227 SF)
Zoning code
R2
APN
50-010-126
UPID
US73-0954914
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Warrington, PA
Zoning R2 · permitted uses
R2 · Warrington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warrington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
9.69 ac
Current owner
From public records · entity-resolved
Altera Warrington LLC
Entity
Mailing address
5910 N CENTRAL EXPY STE #1360, DALLAS, TX 75206-5144
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$867,000
Altera Warrington LLC
Anchor Cogdell Doylestown LP
Special Warranty Deed
$125,000,000 · Capital One NA
Jul 5, 2011
$22,500,000
Anchor Cogdell Doylestown LP
Anchor Hcn Doylestown LLC
Grant Deed
—
Jun 30, 2010
$22,504,883
Anchor Hcn Doylestown LLC
Doylestown Hosp Health & Wel
Quit Claim Deed
related
—
Jun 28, 2010
—
Anchor Hcn Doylestown LLC
Owner Name Unavailable
Grant Deed
related
—
Dec 10, 1999
—
Doylestown Hospital
Kantin,eugene J
Grant Deed
related
—
Oct 13, 1998
$1,150,000
Doylestown Hospital
Kanin Trust
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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