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Property profile & analytics
FOR LEASE
Office buildings
900 Northbrook Dr Feasterville Trevose, PA 19053
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1391755
For Lease
1 / 2
$8,825,000
900 Northbrook Dr, Feasterville Trevose, PA 19053
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Total area
69,066 SF
Lot
3.92 ac (170,625 SF)
Zoning code
R1
APN
02-001-018
UPID
US73-1391755
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
-
J. Davy Yockey Attorney At Law Law Firm
-
Cordisco & Saile Injury Lawyers Law Firm
-
Strongbridge Biopharma Factory Production Facility
-
Pond Lehocky Law Firm
-
Wawa Conference Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.90M
Blend (final)
Blend
$8.83M
Owner & transaction history
Northbrook Lemad Equities Ll · 13 yrs held
Northbrook Lemad Equities Ll
since 2013
7 recorded transactions
Zoning & alternative use
R1 · Trevose, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.3M
+15.7%
Neighborhood: shopping center
$12.5M
+1.4%
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 Feasterville Trevose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Feasterville Trevose 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
$12,340,000
Current use
RETAIL STORES
$14,280,000
Change: +16% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,505,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,575,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$8.83M
Range $7.94M – $9.71M · ±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
$128 / 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
$127,192
Tax year 2024
Assessed value
$582,650
Assessed 2024
Previous assessed
$721,080
-19.2% YoY
Effective rate
21.83%
On assessed value
Assessed land
$86,000
Assessed improvement
$496,650
Land market value
$1,178,077
Improvement market value
$6,803,395
Total market value
$7,981,472
Applied tax rate
2.0000
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
3
Total area
69,066 SF
Lot
3.92 ac (170,625 SF)
Zoning code
R1
APN
02-001-018
UPID
US73-1391755
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Trevose, PA
Zoning R1 · permitted uses
R1 · Trevose, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trevose. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$12.3M
RETAIL STORES
Est. value
$14.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.5M
INDUSTRIAL (GENERAL)
Est. value
$10.6M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
2001
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
3.92 ac
Current owner
From public records · entity-resolved
Northbrook Lemad Equities Ll
Individual
Mailing address
1717 ARCH ST STE #3820, PHILADELPHIA, PA 19103-2761
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
May 27, 2016
—
Northbrook Lemand Equities LLC
—
Deed
related
$11,000,000 · Manufacturers & Traders Trust Co
May 29, 2013
—
Northbrook Lemad Equities Ll
Northbrook Lemad Equities Ll
Quit Claim Deed
related
$25,000,000 · General Electric Capital Corp
Dec 31, 2012
$9,335,317
Northbrook Lemad Equities Ll
Northbrook Lemad Equities Ll
Grant Deed
—
Apr 29, 2011
$1,026
Comm 2004-lnb2 Bensalem Office
Sheriff Of Bucks County
Trustees Deed
related
—
Mar 15, 2004
—
900 Northbrook Owner
Northbrook Dev Parcel Owner
Quit Claim Deed
related
—
Dec 8, 2003
$12,050,000
900 Northbrook Owner LP
Northbrook Properties II LP
Grant Deed
related
$11,200,000 · Deutsche Banc Mortgage Capital
Aug 30, 2000
$657,868
Northbrook Properties LP
Northbrook Properties LP
Grant Deed
related
$8,000,000 · Third Fsb
Oct 8, 1998
$1,512,000
Northbrook Properties LP
Pnc Realty Holding Corp
Grant Deed
$1,080,000 · Royal 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.
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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