Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1519 Sunset Dr Pottstown, PA 19464-5023

    • Car washes
    • 2,178 SF
    • 0.35 lot acres
    OFF-MARKET
    Last Sale
    Apr 08, 2020
    $380,000
    Value Estimations
    $420,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5417486
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sunset Drive Car Wash Inc / Car Wash

    Property Details for 1519 Sunset Dr

    Year built
    1986
    Lot size
    0.35 lot acres
    Property size
    2,178 SF
    Zone code
    GE
    Property type
    Car washes
    APN
    16-00-28756-00-1
    APU
    160028756001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $430,000
      ML approach
      $430,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $384,000
      Market price range: $120k - $385k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $645,000
      Current use
      RETAIL STORES
      $585,000
      Change: -9% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.6165
    Latitude
    40.2429
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,172
    $143,640
    $54,680
    $198,320
    -
    $143,640
    $54,680
    $198,320

    Comparable in this City

    • Value Estimation
      $4,885,000
      7,564 SF

      150 Shoemaker Rd

      CAR WASH • 7,564 SF
      150 Shoemaker Rd, Pottstown, PA 19464-6420
      View Details
    • Value Estimation
      $885,000
      3,612 SF

      795 Farmington Ave

      CAR WASH • 3,612 SF
      795 Farmington Ave, Pottstown, PA 19464
      View Details
    • Value Estimation by Request
      2,500 SF

      2772 High St

      CAR WASH • 2,500 SF
      2772 High St, Pottstown, PA 19464-3118
      View Details
    • Value Estimation
      $770,000
      2,156 SF

      199 Moyer Rd

      CAR WASH • 2,156 SF
      199 Moyer Rd, Pottstown, PA 19464
      View Details
    • Value Estimation
      $300,000
      5,576 SF

      225 High St

      CAR WASH • 5,576 SF
      225 High St, Pottstown, PA 19464-6311
      View Details
    • Value Estimation
      $730,000
      1,944 SF

      796 Spruce St

      CAR WASH • 1,944 SF
      796 Spruce St, Pottstown, PA 19464
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      65,000 SF

      Mixed-Use Complex in Stowe, PA

      65,000 SF mixed-use complex on 1.76 acres for sale.
      9-13 Race St, Pottstown, PA 19464
      View Details
    • $850,000
      7,321 SF

      Pottstown Retail Storefront Investment

      High-street retail space, prime location, immediate occupancy.
      323 High St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      24.00 Acres

      Prime Pottstown Mixed-Use Land

      24 Acres, Restaurant Opportunity, High Traffic
      0 Evergreen Rd, Pottstown, PA 19464
      View Details
    • $2,600,000
      14,804 SF

      Pottstown Investment Opportunity: Pub & Apartments

      Turn-key bar/restaurant with apartments and commercial space for sale.
      978 E High St, Pottstown, PA 19464
      View Details
    • Contact for pricing

      King Street Retail Space - Pottstown, PA

      Prime Retail Space: Ideal Salon/Barber Shop
      267 King St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      0.21 Acres

      Pottstown Retail Space - High Street

      Prime Pottstown location, high traffic, great signage.
      300 High St, Pottstown, PA 19464
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      107,097 SF

      Pottstown Industrial Complex For Lease

      Multi-tenant industrial space, flexible layouts.
      422 Keim St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      1,860 SF

      Retail Space in Downtown Pottstown

      Retail space for lease in downtown Pottstown with drive-in door.
      133 E High St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      2,850 SF

      Retail Space in Community Center

      Retail space available within a community shopping center.
      1300 N Charlotte St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      2,584 SF

      Pottstown Retail Space For Lease

      Prime Pottstown storefront, 2,584 sq ft.
      207 High St, Pottstown, PA 19464
      View Details
    • Contact for pricing
      29,135 SF

      Tri County Plaza Retail Center

      Pottstown, PA Retail Space Available
      204 Shoemaker Rd, Pottstown, PA 19464
      View Details
    • Contact for pricing
      2,584 SF

      Downtown Pottstown Retail Space Available

      Retail space in downtown Pottstown with high ceilings and accessibility.
      269 E High St, Pottstown, PA 19464
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1519 Sunset Dr
    Pottstown, PA 19464-5023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.