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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Industrial properties
Rt 68 New Brighton, PA 15066
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-2505621
Property profile
Verified
Property type
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Year built
1968
Construction
BRICK
Total area
11,830 SF
Lot
12.78 ac (556,697 SF)
APN
69-135-0206.002
UPID
US73-2505621
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
$850k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$820k
Owner & transaction history
Penguin Properties LLC · 3 yrs held
Penguin Properties LLC
since 2023
Last sale
$1.2M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$855,000
+95.7%
Auto repair, garage
$785,000
+79.5%
Retail stores
$660,000
+50.7%
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 Brighton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Brighton 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
$820,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
RESTAURANT
$855,000
Change: +96% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: +80% · Conversion: Easy
RETAIL STORES
$660,000
Change: +51% · Conversion: Moderate
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $1.15M (Jul 31 2023)
Last sale anchor
$1.15M
Jul 31 2023
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
$69 / 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
$39,421
Tax year 2024
Assessed value
$502,050
Assessed 2024
Previous assessed
$92,200
+444.5% YoY
Effective rate
7.85%
On assessed value
Assessed land
$92,300
Assessed improvement
$409,750
Land market value
$184,600
Improvement market value
$819,500
Total market value
$1,004,100
Applied tax rate
69.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
CONSTRUCTION/CONTRACTING SERVICES
Status
Off-Market
Year built
1968
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
11,830 SF
Lot
12.78 ac (556,697 SF)
APN
69-135-0206.002
UPID
US73-2505621
Jurisdiction
BEAVER
Zoning & alternative use
Zoning · permitted uses
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
RESTAURANT
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$785,000
RETAIL STORES
Est. value
$660,000
RESTAURANT
AUTO REPAIR, GARAGE
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
1968
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
12.78 ac
Current owner
From public records · entity-resolved
Penguin Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1651 RTE 68, NEW BRIGHTON, PA 15066-4214
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$1,154,980
Penguin Properties LLC
Edward E Fickess
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.
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