Montgomery County property record for 198 Precision Rd, Horsham, PA 19044
| Property Type | Hotel |
|---|---|
| Details | 58,128 sqft · built 1999 |
| Lot Size | 4.01 acres (174,676 sqft) |
| Owner | Company Name on File |
| Tax Bill | $80,953 (2026) |
| Deeds & Mortgages | May 2017 Mortgage Nov 2019 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 36-00-09872-10-9 |
| Primary APN | 36-00-09872-10-9 |
|---|---|
| Alternative APN |
|
| Units | 94 Units |
|---|---|
| Building Area | 58,128 sqft Gross Area |
| Elevator | Elevator |
| Year Built | Built 1999 |
|---|---|
| Effective Year Built | Effective 1999 |
| Lot Area | 174,676 sqft |
| Lot Width | 352 ft Width |
| View / Lot | Industrial |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 198 PRECISION RD |
|---|---|
| City | HORSHAM |
| State | PA |
| Zip | 19044-1200 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Hotel |
| Local Zoning Code | I2 |
| Legal Description | L 2C 352 X IRR 4.01 AC |
| Legal Subdivision | HORSHAM RDG INDUST CENTER |
| Legal Block | 12 |
| Legal Lot Number | 2 |
| Jurisdiction | MONTGOMERY PA |
| Township / Civil Division | HORSHAM |
| Census Block Group | 3 |
| Census Block | 3029 |
| Census Tract | 200506 |
198 Precision Rd, a commercial property, is owned by a company that acquired it in July 2007.
Source: Montgomery County records, as of June 1, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 198 PRECISION RD, HORSHAM, PA 19044-1200 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| May 18, 2017 | Deed of Trust, Mortgage · Commercial Mortgage MORGAN STANLEY BANK NA |
| Nov 7, 2019 | Deed of Trust, Mortgage · Line of Credit MORGAN STANLEY BK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Jul 17, 2007 |
| Deed Sale | Jul 17, 2007 |
| Prior Sale | May 27, 1999 · Amount on File |
| Deed Document Number | 200785575 |
| Deed Book / Page | 5655 / 2450 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MONTGOMERY PA |
| Property Address | 198 PRECISION RD, HORSHAM, PA 19044-1200 |
| Transaction Type | Mortgage |
| Record Updated | Aug 30, 2022 |
| Title Company | CHICAGO TITLE INC |
| Name | Verified Name |
|---|
| Document Number | 0143411351 |
|---|---|
| Date | May 18, 2017 |
| Book Page | 14341/1351 |
| Instrument | 2017035687 |
| Name | MORGAN STANLEY BANK NA |
|---|---|
| Type | Bank |
| Address | NEW YORK, NY 10036 |
| Type | Commercial Mortgage |
|---|
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MONTGOMERY PA |
| Property Address | 198 PRECISION RD, HORSHAM, PA 19044-1200 |
| Document Number | 0148021776 |
| Instrument Date | Nov 7, 2019 |
| Transaction Type | Mortgage |
| Record Updated | Jan 21, 2020 |
| Title Company | OTHER |
| Name | Verified Name |
|---|---|
| Relationship | Company |
| Address | 222 LAKEVIEW AVE #200 WEST PALM BEACH FL 334016146, 200, WEST PALM BEACH, FL 33401-6146 |
| Document Number | 0148021776 |
|---|---|
| Date | Nov 25, 2019 |
| Book Page | 014802/001776 |
| Instrument | 84993 |
| Name | MORGAN STANLEY BK |
|---|---|
| Type | Bank |
| Address | 1585 BROADWAY # 25TH, NEW YORK, NY 10036-8200 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Rate Type | Adjustable Rate |
|---|
The 2026 property tax bill for 198 Precision Rd was $80,953.
Source: Montgomery County assessment roll, as of June 1, 2026
| Type | Name |
|---|---|
| State | Pennsylvania |
| County | Montgomery County |
| County Subdivision | Horsham Township |
| Unified School District | Hatboro-Horsham School District (KG - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $80,953.00 | $1,876,000 | $1,876,000 |
| 2025 | $80,953.00 | ||
| 2024 | $1,876,000 (-) | ||
| 2023 | $73,741.00 (+5.05%) | $1,876,000 | |
| 2022 | $70,195.00 | ||
| 1998 | $1,876,000 | ||
| 1996 | $1,876,000 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 198 Precision Rd in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2021.
Source: FEMA National Flood Hazard Layer, effective November 6, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Policies | 9 in force |
| Nearby Flood Claims | 1 (2021) |
| Most Recent Claim | Sep 2021 · Remnants Of Hurricane Ida |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Wildfire risk around 198 Precision Rd is low, with a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · above 43% of Pennsylvania |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | HORSHAM WATER&SEWER AUTHORITY serves 26,000 people · EPA ID PA1460033 |
|---|---|
| Water Source | Purchased surface water from several systems |
| Last State Inspection | May 2024 |
| Lead | Under 1 ppb (2025) action level 15 ppb |
| Water Quality | Treatment failure resolved · May 2018 |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 97 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 10 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Verizon Fiber | 2,300 / 2,300 |
| Xfinity Cable | 2,000 / 250 |
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