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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Commercial real estate
1657 Art School Rd Chester Springs, PA 19425-1402
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2017995
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1850
Total area
7,096 SF
Lot
1.03 ac (44,792 SF)
Zoning code
HB
APN
3401 00100300
UPID
US73-2017995
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
Current use
Occupant on record · Public records
-
Life’s Patina Mercantile and Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.09M
Owner & transaction history
Jenny Lind House LLC · 7 yrs held
Jenny Lind House LLC
since 2018
7 recorded transactions
Zoning & alternative use
HB · Chester Springs, 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 Chester Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,620,000
Current use
RESTAURANT
$1,535,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,515,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,345,000
Change: -17% · Conversion: Moderate
OFFICE BUILDING
$1,320,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10%
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
$154 / 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
$13,535
Tax year 2024
Assessed value
$387,720
Assessed 2024
Previous assessed
$387,720
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$156,220
Assessed improvement
$231,500
Land market value
$156,220
Improvement market value
$231,500
Total market value
$387,720
Applied tax rate
34.0000
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1850
Heating
HOT WATER
Stories
3
Rooms
10
Bathrooms
4
Total area
7,096 SF
Lot
1.03 ac (44,792 SF)
Zoning code
HB
APN
3401 00100300
UPID
US73-2017995
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HB · Chester Springs, PA
Zoning HB · permitted uses
HB · Chester Springs, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chester Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1850
Heating
HOT WATER
Stories
3
Rooms
10
Bathrooms
4
Lot
1.03 ac
Current owner
From public records · entity-resolved
Jenny Lind House LLC
Entity
Mailing address
1750 N VLY RD, MALVERN, PA 19355-8738
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jul 27, 2023
—
Jenny Lind House LLC
—
Deed
related
$980,000 · First Resource Bank
Sep 13, 2019
—
Ld Acquisition Co LLC
—
Loan Modification
related
$650,000,000 · Suntrust Bk
Dec 28, 2018
—
Jenny Lind House LLC
—
Deed
related
$731,000 · First Resource Bank
Nov 5, 2018
$357,700
Jenny Lind House LLC
Reo Asset Acquisition LLC
Grant Deed
—
Sep 29, 2017
—
Reo Acquisition LLC
Sheriff Of Chester County|orlando,charles B & Barb
Trustees Deed
related
—
Feb 25, 2010
—
American Tower Asset Sub LLC
—
Deed Of Trust
related
$1,750,000,000 · American Tower Depositor Sub L
Jun 14, 2007
—
Charles B Orlando
1657 Art Sch Road Assocs LLC
Grant Deed
$522,500 · Imperial Lending LLC
—
—
Ld Acquisition Co LLC
—
Deed Of Trust
related
$32,900,000 · Texas Capital Bank NA
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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