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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Flex space
183 Pennsylvania Ave Malvern, PA 19355-2418
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0638776
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1966
Total area
11,770 SF
Lot
1 ac (43,560 SF)
Zoning code
L1
APN
0203 000906A0
UPID
US73-0638776
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
$915k
Owner & transaction history
183 Pa Ave LLC · 13 yrs held
183 Pa Ave LLC
since 2013
7 recorded transactions
Zoning & alternative use
L1 · Malvern, 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 Malvern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malvern 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
INDUSTRIAL (GENERAL)
$1,495,000
Current use
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$78 / 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
$14,437
Tax year 2024
Assessed value
$439,080
Assessed 2024
Previous assessed
$439,080
+0.0% YoY
Effective rate
3.29%
On assessed value
Assessed land
$120,230
Assessed improvement
$318,850
Land market value
$120,230
Improvement market value
$331,070
Total market value
$451,300
Applied tax rate
2.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1966
Heating
YES
Cooling
CENTRAL
Total area
11,770 SF
Lot
1 ac (43,560 SF)
Zoning code
L1
APN
0203 000906A0
UPID
US73-0638776
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
L1 · Malvern, PAZoning L1 · permitted uses
L1 · Malvern, PA
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
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
1966
Heating
YES
Cooling
Yes
Lot
1 ac
Current owner
From public records · entity-resolved
183 Pa Ave LLC
Entity
Mailing address
336 CRUM CRK LN, NEWTOWN SQUARE, PA 19073-1618
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2016
—
183 Pa Ave LLC
—
Deed
related
$200,000 · Coatesville Svgs Bk
Oct 3, 2016
—
183 Pa Ave LLC
—
Deed
related
$430,859 · Coatesville Savings Bank
Oct 7, 2015
—
183 Pa Ave LLC
—
Trustees Deed
related
$150,000 · Coatesville Svgs Bk
Nov 13, 2013
—
183 Pa Ave LLC
—
Trustees Deed
related
$100,000 · Coatesville Savings Bank
Mar 27, 2013
$536,000
183 Pa Ave LLC
Legend Associates LP
Grant Deed
$573,600 · Coatesville Savings Bank
May 15, 2009
$502,000
Legend Associates LP
Eric W Reitelbach
Deed
$402,000 · Td Bank NA
—
—
Legend Associates LP
—
Deed Of Trust
related
$390,000 · Hope P Nichols
—
—
183 Pa Ave LLC
—
Loan Modification
related
$200,000 · Coatesville Svgs Bk
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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