Back to Search
Property profile & analytics
FOR LEASE
Warehouses
99 Newbold Rd Fairless Hills, PA 19030
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-2387269
For Lease
1 / 42
$11 SF/Yr
99 Newbold Rd, Fairless Hills, PA 19030
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Total area
65,444 SF
Lot
4.51 ac (196,673 SF)
Zoning code
PIP
APN
13-047-034-001
UPID
US73-2387269
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
-
Heubach Ltd. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.69M
CAP Approach
CAP
$10.30M
Comparable Approach
Comparable
$5.27M
Blend (final)
Blend
$8.70M
Owner & transaction history
Nm Hb LLC · 3 yrs held
Nm Hb LLC
since 2022
Last sale
$8.8M
2 recorded transactions
Zoning & alternative use
PIP · Fairless Hills, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.6M
+78.0%
Retail stores
$13.0M
+70.3%
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 Fairless Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairless Hills 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
$8,525,000
ML approach
$8,690,000
CAP Approach
CAP Return
Estimation
6%
$11,155,000
6.5%
$10,300,000
7%
$9,565,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,610,000
Current use
OFFICE BUILDING
$13,555,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$12,960,000
Change: +70% · Conversion: Moderate
Blend value · Realmo final
$8.70M
Range $7.83M – $9.57M · ±10% · vs last sale $8.79M (Nov 28 2022)
Last sale anchor
$8.79M
Nov 28 2022
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
$133 / 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
$41,294
Tax year 2024
Assessed value
$185,420
Assessed 2024
Previous assessed
$185,420
+0.0% YoY
Effective rate
22.27%
On assessed value
Assessed land
$68,840
Assessed improvement
$116,580
Land market value
$943,010
Improvement market value
$1,596,979
Total market value
$2,539,989
Applied tax rate
13.0000
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
1966
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
65,444 SF
Lot
4.51 ac (196,673 SF)
Zoning code
PIP
APN
13-047-034-001
UPID
US73-2387269
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PIP · Fairless Hills, PAZoning PIP · permitted uses
PIP · Fairless Hills, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.6M
OFFICE BUILDING
Est. value
$13.6M
RETAIL STORES
Est. value
$13.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
1966
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
4.51 ac
Current owner
From public records · entity-resolved
Nm Hb LLC
Entity
Free & Clear · 3 yrs held
Mailing address
99 NEWBOLD RD, FAIRLESS HILLS, PA 19030-4307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2023
—
Nm Hb LLC
—
Deed
related
$7,900,000 · Aegon USA Realty Advisors LLC
Nov 28, 2022
$8,790,985
Nm Hb LLC
Heubach Ltd
Special Warranty 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
