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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Office buildings
15 Industrial Blvd Ste 102 Paoli, PA 19301-1608
Entity Owned
~
Est. High Equity
Property ID
US73-5761964
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
10,804 SF
Lot
1.3 ac (56,628 SF)
Zoning code
I
APN
5401 00020200
UPID
US73-5761964
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
$3.28M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$3.29M
Owner & transaction history
Main Line Hospitals INC
Main Line Hospitals INC
since 2026
Last sale
$3.3M
7 recorded transactions
Zoning & alternative use
I · Paoli, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+12.6%
Restaurant
$2.3M
+6.8%
Auto repair, garage
$2.3M
+5.4%
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 Paoli submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paoli 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
$3,355,000
ML approach
$3,280,000
CAP Approach
CAP Return
Estimation
6%
$3,020,000
6.5%
$2,785,000
7%
$2,590,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,190,000
Current use
COMMERCIAL (GENERAL)
$2,465,000
Change: +13% · Conversion: Easy
RESTAURANT
$2,335,000
Change: +7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,310,000
Change: +5% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,050,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±10% · vs last sale $3.25M (Nov 12 2021)
Last sale anchor
$3.25M
Nov 12 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
$304 / 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
$42,850
Tax year 2024
Assessed value
$1,504,000
Assessed 2024
Previous assessed
$1,504,000
+0.0% YoY
Effective rate
2.85%
On assessed value
Assessed land
$234,440
Assessed improvement
$1,269,560
Land market value
$234,440
Improvement market value
$1,286,590
Total market value
$1,521,030
Applied tax rate
54.0000
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
1977
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
10
Total area
10,804 SF
Lot
1.3 ac (56,628 SF)
Zoning code
I
APN
5401 00020200
UPID
US73-5761964
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Paoli, PA
Zoning I · permitted uses
I · Paoli, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paoli. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1977
Heating
FORCED AIR
Cooling
Yes
Buildings
10
Lot
1.3 ac
Current owner
From public records · entity-resolved
Main Line Hospitals INC
Entity
Mailing address
240 N RADNOR CHESTER RD STE #270, RADNOR, PA 19087-5174
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Main Line Hospitals INC
Main Line Hospitals INC
Deed
related
—
Nov 12, 2021
$3,250,000
Main Line Hospitals INC
15 17 Industrial Boulevard LP
Special Warranty Deed
—
Aug 13, 2009
$3,385,000
15-17 Industrial Boulevard LP
Wp Paoli Associates LP
Special Warranty Deed
$2,800,000 · Citadel FCU
Mar 1, 2005
—
Wp Paoli Associates
Greystone-paoli I
Grant Deed
$2,580,000 · Blue Ball National Bank
May 6, 2003
$2,425,000
Greystone-paoli I LP
Central & Western Chester Coun
Grant Deed
$1,940,000 · Blue Ball National Bank
—
—
15-17 Industrial Boulevard LP
—
Loan Modification
related
$2,800,000 · Citadel FCU
—
—
15-17 Industrial Boulevard LP
—
Deed Of Trust
related
$73,334 · Bryn Mawr Tr
—
—
15-17 Industrial Boulevard LP
—
Deed Of Trust
related
$300,000 · Bryn Mawr Tr
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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