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Property profile & analytics
FOR SALE
Office buildings
866 W Bristol Rd Warminster, PA 18974
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0150952
For Sale
1 / 32
$2,050,000
866 W Bristol Rd, Warminster, PA 18974
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1943
Construction
FRAME
Total area
930 SF
Lot
3.5 ac (152,460 SF)
Zoning code
R2
APN
49-022-016
UPID
US73-0150952
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
-
Dr. Lisa M. Duffy-Reckner, DO Pediatrician Medical Clinic
-
Dr. Nancy P. Buckley, MD Pediatrician Medical Clinic
-
Lawhorn Elizabeth DO Pediatrician Medical Clinic
-
Joseph H. Werner, M.D., F.A.A.P. Pediatrician Medical Clinic
-
Dr. Ronald N. Endo, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bles 2 LLC · 8 yrs held
Bles 2 LLC
since 2018
4 recorded transactions
Zoning & alternative use
R2 · Warminster, 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 Warminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warminster 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$29,110
Tax year 2024
Assessed value
$137,920
Assessed 2024
Previous assessed
$137,920
+0.0% YoY
Effective rate
21.11%
On assessed value
Assessed land
$12,520
Assessed improvement
$125,400
Land market value
$171,506
Improvement market value
$1,717,801
Total market value
$1,889,307
Applied tax rate
49.0000
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 Sale
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Rooms
6
Bathrooms
1
Total area
930 SF
Lot
3.5 ac (152,460 SF)
Zoning code
R2
APN
49-022-016
UPID
US73-0150952
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Warminster, PA
Zoning R2 · permitted uses
R2 · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Warminster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
6
Bathrooms
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Bles 2 LLC
Entity
Mailing address
235 ROCK RD W, LAMBERTVILLE, NJ 08530-2808
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2018
$1,800,000
Bles 2 LLC
Vape 866 LLC
Special Warranty Deed
$1,200,000 · The Bank Of Princeton
Jul 11, 2007
$1,550,000
Vape 866 LLP
Sabia Dev Corp INC
Grant Deed
$2,100,000 · Huntingdon Valley Bank
Apr 13, 2006
$103,000
Sabia Development Corp INC
Sabia Development Corp INC
Deed
related
$1,215,000 · First Savings Bank Of Perkasie
May 6, 2005
$975,000
Sabia Dev Corp INC
Philadelphia District Advisory
Grant Deed
$780,000 · Independent Mortgage
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?”
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