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Property profile & analytics
FOR LEASE
Warehouses
955 Mearns Rd Warminster, PA 18974
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5792334
For Lease
1 / 7
Contact for pricing
955 Mearns Rd, Warminster, PA 18974
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1963
Lot
34.39 ac (1,498,028 SF)
Zoning code
I
APN
49-009-079-003
UPID
US73-5792334
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
-
Adb Automation Products Business Management Consultant
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
Unit 2 Owner Mearns · 19 yrs held
Unit 2 Owner Mearns
since 2006
7 recorded transactions
Zoning & alternative use
I · 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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1963
Heating
NONE
Stories
1
Lot
34.39 ac (1,498,028 SF)
Zoning code
I
APN
49-009-079-003
UPID
US73-5792334
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Warminster, PAZoning I · permitted uses
I · Warminster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Lot
34.39 ac
Current owner
From public records · entity-resolved
Unit 2 Owner Mearns
Individual
Mailing address
11200 ROCKVILLE PIKE STE #502, ROCKVILLE, MD 20852-7105
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
—
Locker Room Storage INC
—
Deed
related
$10,910,000 · Bryn Mawr Tr
Aug 21, 2017
—
Locker Room Storage INC
—
Grant Deed
related
$5,500,000 · Bryn Mawr Tr
Sep 27, 2006
$1,000,000
Unit 2 Owner Mearns
955 Mearns Road Owner
Grant Deed
related
—
Mar 20, 2006
—
955 Mearns Road Owner
Bpg Office Vi Mearns Park
Grant Deed
related
—
Mar 24, 2005
$15,826,000
Bpg Office Vi Mearns Park
955 Mearns Associates
Grant Deed
—
Aug 1, 2003
$1,700,000
955 Mearns Associates LP
—
Grant Deed
related
—
May 1, 2002
—
955 Mearns Associates LP
Alfa Laval INC
Quit Claim Deed
related
$10,900 · Bank Of New York
May 1, 2002
$6,400,000
955 Mearns Associates LP
Alfa Laval INC
Grant Deed
—
Aug 23, 2000
—
Adlfa Laval INC
—
Deed Of Trust
related
$126,800,000 · Skandinaviska Enskilda Trustee
Sep 16, 1998
—
Alfa Laval Separation INC
Sharples INC
Grant Deed
related
—
—
—
955 Mearns Associates LP
—
Deed Of Trust
related
$11,930,000 · Cibc INC
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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