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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Warehouses
Rte 13th 2 Bristol, PA 19007
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-4867924
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
19,600 SF
Lot
1.1 ac (47,785 SF)
Zoning code
LI
APN
46-002-001-0C2
UPID
US73-4867924
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
$1.81M
Blend (final)
Blend
$1.57M
Owner & transaction history
51 RUNWAY LLC
51 RUNWAY LLC
Zoning & alternative use
LI · Bristol, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
09 TC Town Center District. § 27-310 NC Neighborhood Commercial District. § 27-311 HC-1 Highway Commercial West District. § 27-312 HC-2 Highway Commercial East District. § 27-313 GC General Commercial District. § 27-314 LI Light Industrial District. § 27-315 II Intermediate Industrial District. § 27-316 HI Heavy Industrial District. § 27-317 MX Mixed Use Dis…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
213.07 ac
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
WAREHOUSE, STORAGE
$2,150,000
Current use
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±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
$80 / 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
$22,760
Tax year 2024
Assessed value
$100,160
Assessed 2024
Previous assessed
$100,160
+0.0% YoY
Effective rate
22.72%
On assessed value
Assessed land
$8,780
Assessed improvement
$91,380
Land market value
$120,273
Improvement market value
$1,251,775
Total market value
$1,372,048
Applied tax rate
46.0000
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
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
NONE
Stories
1
Total area
19,600 SF
Lot
1.1 ac (47,785 SF)
Zoning code
LI
APN
46-002-001-0C2
UPID
US73-4867924
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Bristol, PAZoning LI · permitted uses
LI · Bristol, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
09 TC Town Center District. § 27-310 NC Neighborhood Commercial District. § 27-311 HC-1 Highway Commercial West District. § 27-312 HC-2 Highway Commercial East District. § 27-313 GC General Commercial District. § 27-314 LI Light Industrial District. § 27-315 II Intermediate Industrial District. § 27-316 HI Heavy Industrial District. § 27-317 MX Mixed Use District. § 27-318 C Conservation District. § 27-319 H Historical District. § 27-320
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
213.07 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
WAREHOUSE, STORAGE Current
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
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
51 RUNWAY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8400 BRISTOL PIKE, LEVITTOWN, PA 19057-5117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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