Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    184 1st Ave Phoenixville, PA 19460-3767
    Back to Search
    Property profile & analytics

    184 1st Ave Phoenixville, PA 19460-3767

    View on Map
    • Residential income homes
    • 3,472 SF
    • 0.16 lot acres
    Off-Market
    Property ID
    US73-5788154
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 184 1st Ave

    Year built
    1984
    Lot size
    0.16 lot acres
    Property size
    3,472 SF
    Zone code
    APT
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    1513 04160100
    APU
    151304160100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5144
    Latitude
    40.1294
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,508
    $39,190
    $124,390
    $163,580
    -
    $39,190
    $125,270
    $164,460

    Comparable in this City

    • Value Estimation
      $535,000
      3,684 SF

      85 Vly Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,684 SF
      85 Vly Rd, Phoenixville, PA 19460-1620
      View Details
    • Value Estimation by Request
      2,000 SF

      165 Prospect St

      Multifamily properties • 2,000 SF
      165 Prospect St, Phoenixville, PA 19460
      View Details
    • Value Estimation
      $3,305,000
      29,704 SF

      345 Walnut St

      APARTMENT HOUSE (5+ UNITS) • 29,704 SF
      345 Walnut St, Phoenixville, PA 19460-4054
      View Details
    • Value Estimation
      $11,915,000
      75,776 SF

      704 Westridge Gdns Way

      APARTMENT HOUSE (5+ UNITS) • 75,776 SF
      704 Westridge Gdns Way, Phoenixville, PA 19460-3372
      View Details
    • Value Estimation
      $7,570,000
      98,100 SF

      118 Parkview Dr

      APARTMENT HOUSE (5+ UNITS) • 98,100 SF
      118 Parkview Dr, Phoenixville, PA 19460-4228
      View Details
    • Value Estimation
      $3,230,000
      34,782 SF

      15 Kenalcon Dr

      APARTMENT HOUSE (5+ UNITS) • 34,782 SF
      15 Kenalcon Dr, Phoenixville, PA 19460-4523
      View Details

    Similar Nearby for Sale

    • $1,100,000
      6,740 SF

      Six-Unit Multifamily Investment Opportunity

      Six-unit multifamily property in Schuylkill Township, near Phoenixville, PA.
      5 Campbell Ln, Phoenixville, PA 19460
      View Details
    • $649,900
      4,000 SF

      Phoenixville Quadruplex: Income-Producing Investment

      Income-producing four-unit quadruplex in Phoenixville Borough.
      228-230 Church St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      190,000 SF

      Phoenixville Flex/Industrial Space Available

      80,000 SF flex/industrial space for lease in Phoenixville.
      1039-1041 W Bridge St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      12,040 SF

      Phoenixville Mavis Discount Tire ForSale

      NNN leased Mavis Discount Tire in Phoenixville, Pennsylvania.
      525 Kimberton Rd, Phoenixville, PA 19460
      View Details
    • $500,000
      1.00 Acre

      Phoenixville Land: Prime Development Opportunity

      One-acre parcel in Phoenixville, ideal for custom development.
      17 Cromby Rd, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      5,000 SF

      Phoenixville Commercial Space Opportunity

      5,000 sqft commercial space for sale in Phoenixville, PA.
      1039-1041 W Bridge St, Phoenixville, PA 19460
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Medical Office Building

      Medical office building with high visibility and ample parking.
      400 Cresson Blvd, Oaks, PA 19460
      View Details
    • $1,600 /Mo
      42,253 SF

      Phoenixville Office Space For Lease

      Commercial office spaces with shared amenities and modern industrial finishes.
      710 Wheatland St, Phoenixville, PA 19460
      View Details
    • $1,500 /Mo
      42,253 SF

      Modern Office Spaces Available

      Newer office spaces with shared amenities in Phoenixville, PA.
      710 Wheatland St, Phoenixville, PA 19460
      View Details
    • $4,620 /Mo
      204,732 SF

      Phoenixville Retail or Office Space

      End-cap retail or office space in Phoenixville, PA.
      275 Schuylkill Rd, Phoenixville, PA 19460
      View Details
    • Contact for pricing

      Phoenixville Medical Office Space Available

      Medical office spaces available for rent in Phoenixville, PA.
      824 Main St, Phoenixville, PA 19460
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office spaces available for rent.
      824 Main St, Phoenixville, PA 19460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    184 1st Ave
    Phoenixville, PA 19460-3767
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    184 1st Ave, Phoenixville, PA, 19460
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!