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    Property profile & analytics

    20 Lancaster Ave, Unit 2 Downingtown, PA 19335-2823

    • Office Properties & Spaces
    • 11,956 SF
    • 1.02 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Location Intelligence
    Property ID
    US73-3018715
    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.

    Current Use by Public Records

    • La Sponda / Italian Restaurant

    Property Details for 20 Lancaster Ave

    Year built
    1986
    Lot size
    1.02 lot acres
    Property size
    11,956 SF
    Zone code
    C1
    Property type
    Office Properties & Spaces
    APN
    1108 00470400
    APU
    110800470400

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.7046
    Latitude
    40.0061
    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
    $12,027
    $265,720
    $22,280
    $288,000
    -
    $265,720
    $31,560
    $297,280

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      1150 Boot Rd

      Office Properties & Spaces • 0.03 Acres
      1150 Boot Rd, Downingtown, PA 19335
      View Details
    • Value Estimation
      $430,000
      5,610 SF

      265 Uwchlan Ave

      CONDOMINIUM OFFICES • 5,610 SF
      265 Uwchlan Ave, Downingtown, PA 19335-3361
      View Details
    • Value Estimation
      $690,000
      3.99 Acres

      2 Chestnut St

      CONDOMINIUM OFFICES • 3.99 Acres
      2 Chestnut St, Downingtown, PA 19335
      View Details
    • Value Estimation
      $510,000
      7,920 SF

      1010 Chestnut St

      CONDOMINIUM OFFICES • 7,920 SF
      1010 Chestnut St, Downingtown, PA 19335-3417
      View Details
    • Value Estimation by Request

      4333 Lincoln Hwy

      Office space
      4333 Lincoln Hwy, Downingtown, PA 19335
      View Details
    • Value Estimation
      $335,000
      2,097 SF

      983 Lancaster Ave, Unit B

      CONDOMINIUM OFFICES • 2,097 SF
      983 Lancaster Ave, Downingtown, PA 19335
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.03 Acres

      1150 Boot Rd, Downingtown, PA 19335

      Office Properties & Spaces • 0.03 Acres
      1150 Boot Rd, Downingtown, PA 19335
      View Details
    • Contact for pricing
      0.56 Acres

      Downingtown Office Space For Lease

      Prime Downingtown location, 1200 sq ft office.
      801 Lancaster Ave, Downingtown, PA 19335
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      Downingtown Office Space Opportunity

      Office and co-working spaces available in Downingtown, PA.
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      Downingtown Podcast Studio Opportunity

      Podcast studio space available in Downingtown with utilities included.
      4333 Lincoln Hwy E, Downingtown, PA 19335
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    • New
      $525,000
      Pending

      Historic Chester County Farmhouse Office

      Charming 1800s farmhouse office space in Downingtown, PA.
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    • $429,900
      3,000 SF

      Downingtown Mixed-Use Investment

      Prime location, high income potential.
      137 Lancaster Ave, Downingtown, PA 19335
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    Similar Nearby for Lease

    • $5,000 /Mo
      8,712 SF

      Downingtown Mixed-Use Property For Rent

      Mixed-use property in busy Downingtown district with residential and commercial spaces.
      516 E Lancaster Ave, Downingtown, PA 19335
      View Details
    • $650 /Mo

      Furnished Office Sublease in Downingtown

      Fully furnished office space with utilities included in Downingtown, PA.
      4333 Lincoln Hwy E, Downingtown, PA 19335
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    • $6,000 /Mo
      20,909 SF

      Downingtown Commercial Space For Lease

      Versatile commercial property in Downingtown, suitable for various businesses.
      45 W Lancaster Ave, Downingtown, PA 19335
      View Details
    • Contact for pricing
      3,800 SF

      Downingtown Office Space For Rent

      Office space in affluent area near Eagleview Corporate Center.
      164 Park Rd, Downingtown, PA 19335
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      68,000 SF

      Downingtown Medical Office Building

      68,000 SF Medical Office, PA
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    • $1,300 /Mo

      Professionally Managed Downingtown Office Space

      Well-maintained office complex with high visibility and convenient access.
      277 W Uwchlan Ave, Downingtown, PA 19335
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      1.9k
    • Avg Time on site
      25 min
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    20 Lancaster Ave, Unit 2
    Downingtown, PA 19335-2823
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    Realmo Value Estimation

    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.

    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.

    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
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