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Property profile & analytics
OFF-MARKET
Estimated value
$4,145,000
Commercial land
117 Washington Ave Downingtown, PA 19335-2939
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1351820
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Total area
1,344 SF
Lot
0.06 ac (2,398 SF)
Zoning code
C1
APN
1108 01130000
UPID
US73-1351820
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.15M
Owner & transaction history
Roberts Commercial LLC · 4 yrs held
Roberts Commercial LLC
since 2021
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
C1 · 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
$4,580,000
ML approach
$4,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.15M
Range $3.73M – $4.56M · ±10% · vs last sale $3.55M (Sep 28 2021)
Last sale anchor
$3.55M
Sep 28 2021
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
$3,084 / 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
$1,139
Tax year 2024
Assessed value
$27,280
Assessed 2024
Previous assessed
$27,280
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$27,280
Land market value
$27,280
Total market value
$27,280
Applied tax rate
11.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Heating
YES
Stories
3
Rooms
7
Bathrooms
1
Total area
1,344 SF
Lot
0.06 ac (2,398 SF)
Zoning code
C1
APN
1108 01130000
UPID
US73-1351820
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Downingtown, PA
Zoning C1 · permitted uses
C1 · 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
1900
Heating
YES
Stories
3
Rooms
7
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Roberts Commercial LLC
Entity
Mailing address
439 S BOLMAR ST, WEST CHESTER, PA 19382-4933
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
$3,550,000
Roberts Commercial LLC
Llcp Downingtown LLC
Deed
$2,325,000 · Wilmington Savings Fund Society Fsb
Aug 1, 2018
—
Llcp Downingtown LLC
—
Grant Deed
related
$4,000,000 · Peoples Sec Bk&tr
Apr 18, 2017
—
Llcp Downingtown LLC
100 East Lancaster Owner LLC
Grant Deed
$4,000,000 · Peoples Sec Bk&tr
Apr 14, 2017
$4,575,000
Llcp Downingtown LLC
100 East Lancaster Owner LLC
Grant Deed
—
Oct 21, 2014
—
100 East Lancaster Owner LLC
Killiney LLC
Deed In Lieu Of Foreclosure
$5,450,000 · Private Individual
Jun 22, 2006
$6,150,000
Killiney LLC
Br Of Downingtown LP
Deed
$5,450,000 · Rait Partnership LP
Feb 14, 2006
$85,696
Br Of Downington
D & F Projects INC
Grant Deed
$9,317,250 · General Electric Capital Corp
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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