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Property profile & analytics
OFF-MARKET
Banks
16 Park Ave Elverson, PA 19520
Entity Owned
12-yr Hold
Free & Clear
Property ID
US73-1282124
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1900
Total area
1,800 SF
Lot
0.27 ac (11,950 SF)
Zoning code
VC
APN
1304 00310000
UPID
US73-1282124
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
22-park Ave LLC · 12 yrs held
22-park Ave LLC
since 2013
5 recorded transactions
Zoning & alternative use
VC · Elverson, 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 Elverson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elverson 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
$3,030
Tax year 2024
Assessed value
$81,780
Assessed 2024
Previous assessed
$81,780
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$20,430
Assessed improvement
$61,350
Land market value
$20,430
Improvement market value
$62,670
Total market value
$83,100
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
NONE
Total area
1,800 SF
Lot
0.27 ac (11,950 SF)
Zoning code
VC
APN
1304 00310000
UPID
US73-1282124
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC · Elverson, PA
Zoning VC · permitted uses
VC · Elverson, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elverson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Lot
0.27 ac
Current owner
From public records · entity-resolved
22-park Ave LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1110 CATON AVE APT #8, BROOKLYN, NY 11218-2804
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2013
$70,000
22-park Ave LLC
Watters,james W
Grant Deed
—
Jan 25, 2013
$25,000
James W Watters
Tax Claim Bureau Of Chester Cnty
Trustees Deed
—
Apr 18, 2008
—
Historic Elverson Corp
—
Trustees Deed
related
$50,000 · Robert Rigg
—
—
Historic Elverson Corp
—
Deed Of Trust
related
$2,075 · Robert Rigg
—
—
Historic Elverson Corp
—
Deed Of Trust
related
$35,000 · Nick Dienno
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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