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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Office buildings
1788 Wilmington Pike Glen Mills, PA 19342
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5976218
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
15,392 SF
Lot
0.17 ac (7,318 SF)
APN
04-00-00321-00
UPID
US73-5976218
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
-
Lucas Mario PhD Physician Medical Clinic
-
PM College College
-
Chadds Ford Wellness Wellness Program
-
Dr. Brian J. Shiple, DO Physician
-
BRANDYWINE SUMMIT Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.85M
Owner & transaction history
Rmsa 1788 LLC · 3 yrs held
Rmsa 1788 LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+4.5%
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 Glen Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Mills 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
$1,800,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,750,000
Current use
AUTO REPAIR, GARAGE
$1,825,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,480,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.90M (Sep 6 2022)
Last sale anchor
$1.90M
Sep 6 2022
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
$120 / 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
$36,720
Tax year 2024
Assessed value
$1,791,780
Assessed 2024
Previous assessed
$1,791,780
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$123,440
Assessed improvement
$1,668,340
Total market value
$1,791,780
Applied tax rate
413.0000
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
1988
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
15,392 SF
Lot
0.17 ac (7,318 SF)
APN
04-00-00321-00
UPID
US73-5976218
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1988
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Rmsa 1788 LLC
Entity
Mailing address
1788 WILMINGTON PIKE, GLEN MILLS, PA 19342
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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 6, 2022
$1,900,000
Rmsa 1788 LLC
Ghs Summit LLC
Deed
$1,400,000 · Univest Bank & Trust Co
Feb 10, 2021
—
Ghs Summit LLC
Ghs Summit LLC
Intrafamily Transfer
related
$1,229,000 · M & T Bank
Dec 18, 2014
$1,450,000
Ghs Summit LLC
Crawford Leasing LLC
Deed
$1,232,500 · M & T Bank
Jan 8, 2007
$1,632,000
Crawford Leasing LLC
Cori Realty Associates
Grant Deed
$1,387,200 · General Electric Capital Corp
Oct 26, 2006
$1,632,000
Crawford Penn Leasing LLC
Cori Realty Associates
Grant Deed
—
Mar 18, 1997
$1,198,260
Cori Realty Associates LP
Ccmc Medical Properties I LLP
Grant Deed
$900,000 · Willow Grove Bank
—
—
Crawford Leasing LLC
—
Deed Of Trust
related
$1,100,000 · Alliance Bank
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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