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Property profile & analytics
OFF-MARKET
Office buildings
103 Garris Rd Downingtown, PA 19335-3115
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5587218
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
2,484 SF
Lot
0.65 ac (28,281 SF)
Zoning code
R1
APN
4002 00250000
UPID
US73-5587218
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
-
Resilio Mental Health Solutions Medical Clinic
-
Judy Reid Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lara 103 Garris Road LLC · 4 yrs held
Lara 103 Garris Road LLC
since 2021
Last sale
$412,500
4 recorded transactions
Zoning & alternative use
R1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,586
Tax year 2024
Assessed value
$129,710
Assessed 2024
Previous assessed
$129,710
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$41,230
Assessed improvement
$88,480
Land market value
$41,230
Improvement market value
$92,250
Total market value
$133,480
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
2,484 SF
Lot
0.65 ac (28,281 SF)
Zoning code
R1
APN
4002 00250000
UPID
US73-5587218
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Downingtown, PA
Zoning R1 · permitted uses
R1 · 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
1953
Heating
HEAT PUMP
Cooling
Yes
Lot
0.65 ac
Current owner
From public records · entity-resolved
Lara 103 Garris Road LLC
Entity
Mailing address
103 GARRIS RD, DOWNINGTOWN, PA 19335-3115
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
$412,500
Lara 103 Garris Road LLC
The Peacemaker Center INC
Deed
$340,000 · Td Bank NA
Sep 17, 2008
$400,000
The Peacemaker Center INC
Dockside Properties LLC
Deed
$320,000 · Community Lenders Community Develop
Sep 25, 2006
$290,000
Dockside Properties LLC
Daniel N Kanouse
Deed
$290,000 · Christiana Bank & Trust Co
Apr 13, 2006
—
Daniel N Kanouse
Kanouse,daniel N & Philamena D
Quit Claim Deed
related
—
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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