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Property profile & analytics
OFF-MARKET
Estimated value
$4,485,000
Flex space
1000 Hollingsworth Dr Phoenixville, PA 19460-1812
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-2759815
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1968
Total area
37,800 SF
Lot
10.7 ac (466,092 SF)
Zoning code
LI
APN
2603 01100200
UPID
US73-2759815
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
-
Liion Wholesale Electronics & Wireless Store
-
RL CNC Machining Industrial Manufacturer
-
Doormatic Garage Doors Building Supply General Contractor
-
CJM Industries LLC Auto Parts Store
-
R Sher & Sons Inc Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.27M
Comparable Approach
Comparable
$4.94M
Blend (final)
Blend
$4.49M
Owner & transaction history
Sher Asset Management LP · 15 yrs held
Sher Asset Management LP
since 2011
3 recorded transactions
Zoning & alternative use
LI · Phoenixville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.2M
+49.4%
Office building
$6.9M
+44.4%
Warehouse, storage
$5.1M
+5.2%
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 Phoenixville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenixville 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%
$4,625,000
6.5%
$4,270,000
7%
$3,965,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,800,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,175,000
Change: +49% · Conversion: Difficult
OFFICE BUILDING
$6,935,000
Change: +44% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,055,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$4.49M
Range $4.04M – $4.93M · ±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
$119 / 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
$80,668
Tax year 2024
Assessed value
$2,137,500
Assessed 2024
Previous assessed
$2,137,500
+0.0% YoY
Effective rate
3.77%
On assessed value
Assessed land
$438,400
Assessed improvement
$1,699,100
Land market value
$438,400
Improvement market value
$1,732,770
Total market value
$2,171,170
Applied tax rate
26.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
37,800 SF
Lot
10.7 ac (466,092 SF)
Zoning code
LI
APN
2603 01100200
UPID
US73-2759815
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Phoenixville, PA
Zoning LI · permitted uses
LI · Phoenixville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenixville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
OFFICE BUILDING
Est. value
$6.9M
WAREHOUSE, STORAGE
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
10.7 ac
Current owner
From public records · entity-resolved
Sher Asset Management LP
Entity
Mailing address
PO BOX 22649, PHILADELPHIA, PA 19110-2649
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2011
—
Sher Asset Management LP
—
Deed Of Trust
related
$2,600,000 · Bryn Mawr Trust Co
—
—
Sher Asset Management LP
—
Deed Of Trust
related
$300,000 · Bryn Mawr Trust Co
—
—
Sher Asset Management
—
Deed Of Trust
related
$1,700,000 · National Penn Bank
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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