Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    127 BISHOP ROAD Pottstown, PA 19465

    View on Map
    Pending
    $385,000

    Land - POTTSTOWN, PA

    Lot size:
    4.51 Acres
    Added:
    Oct 5, 2025
    Days on Market:
    178
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 127 BISHOP ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    4.51 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    43

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Eve Marberger
    Eve Marberger

    Listing agent Eve Marberger

    Listing office BHHS Fox & Roach West Chester 1234 West Chester Pike, PA

    Listing date Oct 5, 2025

    MLS# PACT2110944 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Picturesque Land in Chester County

    This 4.51-acre parcel of open ground is located in East Coventry Township, Chester County. The property is situated within the Owen J. Roberts School District. Currently enrolled in Act 319, the property provides annual tax savings. The buyer must agree to continue the guidelines of Act 319, or will be responsible for rollback taxes. The land is bordered by open space on two of its longest sides, creating a sense of seclusion. One of these borders connects directly to Township-maintained hiking and horseback riding trails. These trails meander through meadows, woodlands, and the Township's nature preserve. The open topography makes building easy, while the surrounding natural beauty provides a backdrop. The property includes a dressage ring, setting the stage for a private equestrian retreat. The land offers a canvas for a custom estate, a farmhouse, or a hobby farm with room for gardens and animals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.65124
    Latitude
    40.200264

    Nearby Similar for Sale

    • $409,900

      POTTSTOWN Mixed-Use Commercial Property

      Renovated mixed-use asset in prime downtown location.
      211 E HIGH Street, POTTSTOWN, PA 19464
      View Details
    • $400,000

      Established Dual Business Opportunity

      Smoothie shop and dollar store in high-traffic Pottstown location.
      2182 E HIGH Street unit: 2, POTTSTOWN, PA 19464
      View Details
    • $328,000

      Versatile Live/Work Pottstown Property

      Mixed-use property offering live/work or live/rent opportunities.
      535 E HIGH Street, POTTSTOWN, PA 19464
      View Details
    • $1,475,000
      10,400 SF

      Mixed-Use Commercial Property For Sale

      High-visibility property with retail, residential, and potential income sources.
      2933 E HIGH Street, POTTSTOWN, PA 19464
      View Details
    • $1,790,000

      Historic Farmhouse on 53 Acres

      53-acre Pottstown farm with 1776 farmhouse and outbuildings.
      1250 NEW PHILADELPHIA Road, POTTSTOWN, PA 19465
      View Details
    • $350,000
      2,351 SF

      Pottstown Income Producing Duplex

      Fully rented duplex near downtown Pottstown, great investment opportunity.
      1240 E HIGH Street, POTTSTOWN, PA 19464
      View Details
    • $889,000

      Pottstown Auto Shop with Residence

      Pristine auto shop with lifts and updated residential building.
      386 LAURELWOOD RD, POTTSTOWN, PA 19465
      View Details
    • $550,000

      Pottstown Land: Build Your Estate

      5-acre lot in Pottstown with public sewer access.
      SANATOGA Road, POTTSTOWN, PA 19464
      View Details
    • $350,000
      2,400 SF

      Fully Rented Office Investment Property

      Fully rented office building suitable for investors or owner-occupiers.
      828 N HANOVER STREET, POTTSTOWN, PA 19464
      View Details
    • $29,900

      Residential Land in Pottstown, PA

      Corner lot, 0.24 acres, ideal for custom home.
      482 MANATAWNY Street, POTTSTOWN, PA 19464
      View Details
    • $650,000

      Pottstown Land with Equestrian Potential

      21-acre property in Northern Chester County, ideal for horses.
      1241 SHEEP HILL Road, POTTSTOWN, PA 19465
      View Details
    • $350,000

      Pottstown Industrial Lot For Sale

      3-acre industrial lot located off Route 422 in Limerick Township.
      INDUSTRIAL PARKWAY, POTTSTOWN, PA 19464
      View Details

    FAQs

    What type of property is this?
    Land - 4.51 acres of open ground in East Coventry Township.
    Where is this land located?
    The property is located at 127 BISHOP ROAD Pottstown, PA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 4.51 acres of open ground in desirable East Coventry Township, Chester County.; Located within the highly regarded Owen J. Roberts School District.; Significant annual tax savings due to current enrollment in Act 319.
    (610) 331-3334
    We can help!
    Listing Contact
    Eve Marberger
    Eve Marberger
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!