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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Commercial real estate
104 Schubert Dr Downingtown, PA 19335-3382
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-2107878
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1988
Total area
6,000 SF
Zoning code
R2
APN
4002 10260000
UPID
US73-2107878
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
Current use
Occupant on record · Public records
-
Dental Arts of Downingtown Dental Office
-
CarrieAnn Rewkowski Broderick DMD Dental Office
-
Dr. Alan Sherrill Dental Office
-
Rudolph Matthew MD Dental Office
-
Andrejko Kathy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$795k
Owner & transaction history
Matisse Legacy LLC
Matisse Legacy LLC
since 2025
Last sale
$825,000
6 recorded transactions
Zoning & alternative use
R2 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown 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
Blend value · Realmo final
$795k
Range $716k – $875k · ±10% · vs last sale $825k (Dec 26 2025)
Last sale anchor
$825k
Dec 26 2025
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
$133 / 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
$10,607
Tax year 2024
Assessed value
$299,970
Assessed 2024
Previous assessed
$299,970
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed improvement
$299,970
Improvement market value
$306,360
Total market value
$306,360
Applied tax rate
40.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1988
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
6,000 SF
Zoning code
R2
APN
4002 10260000
UPID
US73-2107878
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Downingtown, PA
Zoning R2 · permitted uses
R2 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downingtown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
HEAT PUMP
Cooling
Yes
Current owner
From public records · entity-resolved
Matisse Legacy LLC
Entity
Mailing address
7 WILLIAM PENN DR, DOWNINGTOWN, PA 19335-4605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2025
$825,000
Matisse Legacy LLC
Alan W Sherrill
Deed
$625,000 · Alan W Sherrill Etal
Oct 4, 2017
—
Alan W Sherrill
—
Deed
related
$100,000 · Pnc Bk
—
—
Alan W Sherrill
—
Deed Of Trust
related
$320,000 · Pnc Bank
—
—
Alan W Sherrill
—
Deed Of Trust
related
$220,000 · Pnc Bank
—
—
Alan W Sherrill
—
Deed Of Trust
related
$400,000 · Pnc Bank
—
—
Alan W Sherrill
—
Deed Of Trust
related
$100,000 · Pnc Bk
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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