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Property profile & analytics
OFF-MARKET
Estimated value
$905,000
Office buildings
Deer Path New Hope, PA 18938
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-3693631
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
4,898 SF
Lot
0.52 ac (22,477 SF)
Zoning code
PUD
APN
27-008-005-254
UPID
US73-3693631
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$905k
Owner & transaction history
Steven Hirschfeld · 22 yrs held
Steven Hirschfeld
since 2004
7 recorded transactions
Zoning & alternative use
PUD · New Hope, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+19.2%
Auto repair, garage
$1.1M
+12.2%
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 New Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hope 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
$1,015,000
Current use
MEDICAL BUILDING
$1,210,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,140,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$970,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$885,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$905k
Range $815k – $996k · ±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
$185 / 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
Applied tax rate
27.0000
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
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
4,898 SF
Lot
0.52 ac (22,477 SF)
Zoning code
PUD
APN
27-008-005-254
UPID
US73-3693631
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PUD · New Hope, PA
Zoning PUD · permitted uses
PUD · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hope. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$885,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1971
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Steven Hirschfeld
Individual
Mailing address
PO BOX 641, NEW HOPE, PA 18938-0641
Ownership since
2004
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
Feb 2, 2004
$329,750
Steven Hirschfeld
Georgetown Builders INC
Grant Deed
$263,800 · Wells Fargo Home Mortgage INC
Jan 21, 2004
$286,700
Joanne Baskin
Georgetown Builders INC
Grant Deed
—
Dec 18, 2003
$269,500
Suraj G Patel
Georgetown Builders INC
Grant Deed
$215,600 · Chase Manhattan Mortgage Corp
Dec 18, 2003
$271,330
Danielle I Ziernicki
Georgetown Builders INC
Grant Deed
$254,700 · Allied Mortgage Group
Dec 18, 2003
—
Village 2 Community Assn INC
Georgetown Builders INC
Grant Deed
related
—
Dec 17, 2003
$276,250
Fran Kayne
Georgetown Builders INC
Grant Deed
$100,000 · Provident Funding Group INC
Feb 13, 2002
—
Georgetown Builders INC
Village 2 Community Assn INC
Grant Deed
$620,000 · Premier Bank
—
—
Georgetown Builders INC
—
Deed Of Trust
related
$150,000 · Premier Bank
—
—
Village 2 Community Assn INC
—
Deed Of Trust
related
$600,000 · First Service Bank
—
—
Georgetown Builders INC
—
Deed Of Trust
related
$102,730 · Premier Bank
—
—
Village 2 Community Assn INC
—
Deed Of Trust
related
$850,000 · First Service 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.
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