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Property profile & analytics
FOR LEASE
Warehouses
180 Gordon Dr, Exton, PA 19341
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-0033783
For Lease
$15 SF/Yr
180 Gordon Dr, Exton, PA 19341
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Total area
65,998 SF
Lot
5 ac (217,800 SF)
Zoning code
PI
APN
3305 00031000
UPID
US73-0033783
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
$6.06M
Owner & transaction history
180 Gordon Drive Associates LLC · 10 yrs held
180 Gordon Drive Associates LLC
since 2015
7 recorded transactions
Zoning & alternative use
PI · Exton, 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 Exton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exton 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
WAREHOUSE, STORAGE
$8,825,000
Current use
INDUSTRIAL (GENERAL)
$8,385,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$6.06M
Range $5.45M – $6.67M · ±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
$92 / 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
$112,613
Tax year 2024
Assessed value
$3,290,000
Assessed 2024
Previous assessed
$3,290,000
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$360,000
Assessed improvement
$2,930,000
Land market value
$360,000
Improvement market value
$3,003,500
Total market value
$3,363,500
Applied tax rate
33.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1984
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
14
Total area
65,998 SF
Lot
5 ac (217,800 SF)
Zoning code
PI
APN
3305 00031000
UPID
US73-0033783
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PI · Exton, PA
Zoning PI · permitted uses
PI · Exton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.8M
INDUSTRIAL (GENERAL)
Est. value
$8.4M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1984
Heating
FORCED AIR
Cooling
Yes
Buildings
14
Lot
5 ac
Current owner
From public records · entity-resolved
180 Gordon Drive Associates LLC
Entity
Mailing address
144 N NARBERTH AVE UNIT #384, NARBERTH, PA 19072-2275
Ownership since
2015
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
Dec 16, 2022
—
180 Gordon Drive Associates LLC
—
Deed
related
$7,537,500 · Phoenixville Federal Bank & Trust
Jun 3, 2019
—
180 Gordon Drive Assocs LLC
—
Deed
related
$2,000,000 · Univest Bk & Tr Co
Dec 18, 2015
$7,200,000
180 Gordon Drive Associates LLC
180 Gordon Associates LP
Special Warranty Deed
$4,425,000 · Univest Bank & Trust Co
Mar 1, 2013
—
180 Gordon Associates LP
—
Deed Of Trust
related
$4,262,500 · Bryn Mawr Trust Co
Apr 15, 2002
$3,200,000
180 Gordon Associates LP
Project 182
Grant Deed
$2,800,000 · First Financial Bank Fsb
—
—
180 Gordon Drive Assocs LLC
—
Deed Of Trust
related
$2,000,000 · Univest Bk & Tr Co
—
—
Allfirst Bank
—
Deed Of Trust
related
$3,800,000 · 180 Gordon Associates LP
—
—
180 Gordon Associates
—
Deed Of Trust
related
$3,000 · Ids Life Insurance Co
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.
Try Rey
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