1065 Andrew Dr A West Chester, PA 19380-4370
Entity Owned
15-yr Hold
~
Est. High Equity
Estimated value (blended)
$535k
Range $482k – $589k (±10%)
Property ID
US73-2987689
Property summary
AI-generated overview
This exceptional 7,300+ square foot medical office space is available for lease in West Chester, Pennsylvania. Located at 1065 Andrew Drive, this single-tenant property offers a total of 10,320 square feet within the building. Currently fully occupied, this presents a rare opportunity for a medical practice seeking established space in a high-demand area. The property boasts excellent visibility from Route 202, a major thoroughfare with a high volume of daily traffic (75,000 vehicles per day), ensuring significant exposure for your business. Situated in Chester County, this location benefits from a high population density, providing a substantial pool of potential patients. The property's address is 1065 Andrew Drive, West Chester, PA 19380. This is a single-tenant occupancy building, offering a dedicated and private space for your practice. The property is conveniently located near major transportation routes, making it easily accessible for both staff and patients. This fully occupied building presents a unique opportunity to acquire a well-established medical office space in a thriving West Chester community. The property's size and location make it ideal for a variety of medical practices seeking a prominent presence in a high-traffic area.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2005
Total area
5,160 SF
Lot
0.12 ac (5,160 SF)
Zoning code
R3
APN
5203 00972400
UPID
US73-2987689
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician
-
Insurance Agency
-
Crisis Center Medical Clinic
-
Financial Advisor
-
Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$797k
Blend (final)
Blend
$535k
Owner & transaction history
since 2011
3 recorded transactions
Zoning & alternative use
R3 · West Chester, PA
Top alternative use upside
Auto repair, garage
$1.7M
+54.5%
Commercial (general)
$1.5M
+37.9%
Restaurant
$1.5M
+34.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 20 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$535k
Value range
$482k – $589k
±10% around blend
Estimated value / SF
$104 / SF
Confidence
High
20 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
100
$482k
blend $535k
$589k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,160 SF
Lot area
0.12 ac
Year built
2005
APN
5203 00972400
Assessed value
$586,240
Annual tax
$16,994
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.33M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.44M
@ 6.5% CAP return
$1.33M
@ 7% CAP return
$1.24M
4
Sales comparison
Partial preview
Sales approach indication
$728k
Weighted, 20 comps · high confidence
Evidence
20 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.7 mi away · 4,100 SF
6.3 mi away · 4,632 SF
10.3 mi away · 3,640 SF
11.5 mi away · 5,336 SF
11.7 mi away · 4,995 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$535k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 52 sales
$216
-52%
Submarket 117 sales
$226
-54%
County 465 sales
$186
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $104/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+54%
vs current-use indication
Commercial (general)
Restaurant
Office Building · current use
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 20 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$586k
Move the market yield to see immediate price impact.
Value / SF
$114
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$37k
$739k
$528k
$410k
$41k
$821k
$586k
$456k
$45k
$903k
$645k
$502k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
20 found
High confidence · county-verified
Closest comparable
$615k
5.3 mi · Dec 2025 · $165/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,994
Tax year 2024
Assessed value
$586,240
Assessed 2024
Previous assessed
$586,240
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$49,850
Assessed improvement
$536,390
Land market value
$49,850
Improvement market value
$536,390
Total market value
$586,240
Applied tax rate
52.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Total area
5,160 SF
Lot
0.12 ac (5,160 SF)
Zoning code
R3
APN
5203 00972400
UPID
US73-2987689
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · West Chester, PAZoning R3 · permitted uses
R3 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R3
Jurisdiction
West Chester, PA
Recorded code
R3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3 in West Chester, PA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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