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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Retail space
940 Miller Ave, Croydon, PA 19021-7512
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-5781681
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
5,750 SF
Lot
0.46 ac (20,125 SF)
Zoning code
M1
APN
05-011-543
UPID
US73-5781681
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
-
Asepsis, Inc. (Bike/Boat/Book/etc) Store
-
House & Garden Big Box & Wholesale Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$885k
Owner & transaction history
J&k Management LLC · 8 yrs held
J&k Management LLC
since 2018
7 recorded transactions
Zoning & alternative use
M1 · Croydon, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+35.7%
Commercial (general)
$1.4M
+31.6%
Auto repair, garage
$1.3M
+27.8%
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 Croydon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Croydon 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
RETAIL STORES
$1,045,000
Current use
MEDICAL BUILDING
$1,420,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,375,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,335,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,040,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$154 / 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
$15,064
Tax year 2024
Assessed value
$55,470
Assessed 2024
Previous assessed
$55,470
+0.0% YoY
Effective rate
27.16%
On assessed value
Assessed land
$11,640
Assessed improvement
$43,830
Land market value
$159,451
Improvement market value
$600,408
Total market value
$759,859
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,750 SF
Lot
0.46 ac (20,125 SF)
Zoning code
M1
APN
05-011-543
UPID
US73-5781681
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Croydon, PA
Zoning M1 · permitted uses
M1 · Croydon, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Croydon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
0.46 ac
Current owner
From public records · entity-resolved
J&k Management LLC
Entity
Mailing address
940 MILLER AVE, CROYDON, PA 19021-7512
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2018
$350,000
J&k Management LLC
Genem LLC
Deed
$280,000 · Republic First Bank
Sep 2, 2008
$425,000
Genem LLC
Wagner Commercial Properties LLC
Deed
$258,750 · William Penn Bank Fsb
Oct 15, 2004
$210,000
Wagner Commercial Props LLC
Bucks Cnty Economic Dev Corp
Grant Deed
—
Nov 15, 2000
—
Brenner Tool & Die INC
—
Deed Of Trust
related
$7,186,056 · Commerce Bank
May 8, 2000
—
Bucks County Economic Dev Corp
Brenner Tool & Die INC
Grant Deed
$2,000,000 · Seller
May 17, 1999
$300,000
Brenner Tool & Die INC
Stewart,fred A & Ruth M
Grant Deed
—
—
—
Bucks County Economic Dev Corp
—
Deed Of Trust
related
$7,186,056 · Commerce Bank NA
—
—
Bucks County Economic Dev Corp
—
Deed Of Trust
related
$1,813,944 · Commerce Bank NA
—
—
Bucks County Economic Dev
—
Deed Of Trust
related
$659,725 · Industrial Dev Authority Pa
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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