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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Sports & entertainment properties
202 Philips Rd Exton, PA 19341-1308
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2638033
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1972
Total area
45,000 SF
Lot
23.77 ac (1,035,378 SF)
Zoning code
PI
APN
3305 00201400
UPID
US73-2638033
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
-
Fitness Addiction Gym & Fitness Center
-
Tennis Addiction Sports Club Gym & Fitness Center Sports Field & Court
-
ABS Method Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.37M
Owner & transaction history
Pennsylvania Turnpike Commission · 4 yrs held
Pennsylvania Turnpike Commission
since 2022
5 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
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$30 / 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
$41,467
Tax year 2024
Assessed value
$1,211,470
Assessed 2024
Previous assessed
$1,211,470
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$277,060
Assessed improvement
$934,410
Land market value
$277,060
Improvement market value
$985,310
Total market value
$1,262,370
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1972
Heating
HEAT PUMP
Cooling
CENTRAL
Units
5
Total area
45,000 SF
Lot
23.77 ac (1,035,378 SF)
Zoning code
PI
APN
3305 00201400
UPID
US73-2638033
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.
Building & site characteristics
From public records
Year built
1972
Heating
HEAT PUMP
Cooling
Yes
Units
5
Lot
23.77 ac
Current owner
From public records · entity-resolved
Pennsylvania Turnpike Commission
Individual
Mailing address
202 PHILIPS RD, EXTON, PA 19341-1308
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Pennsylvania Turnpike Commission
202 Philips Road Associates
Deed
—
Dec 15, 2020
—
Philips Road Associates INC
—
Deed
related
$150,000 · Mid Penn Bk
Jul 18, 2013
$120,000
202 Philips Road Associates
First Indl Pennsylvania LP
Grant Deed
—
Apr 1, 2004
$1,848,000
202 Philips Road Associates
First Industrial Pennsylvania
Grant Deed
$1,095,500 · Manufacturers Traders & Trust
—
—
202 Philips Road Associates
—
Deed Of Trust
related
$725,000 · South Eastern Econ Dev Corp
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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