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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Flex space
208 Philips Rd, Exton, PA 19341-1308
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-5751967
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1977
Total area
29,475 SF
Lot
2.4 ac (104,544 SF)
Zoning code
PI
APN
3305 00200200
UPID
US73-5751967
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
-
Media Supply, Inc. Electronics & Wireless Store Big Box & Wholesale Store
-
Touchstone Home Products Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
208 Philips Building LLC · 9 yrs held
208 Philips Building LLC
since 2017
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$69 / 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
$31,151
Tax year 2024
Assessed value
$910,080
Assessed 2024
Previous assessed
$910,080
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$216,000
Assessed improvement
$694,080
Land market value
$216,000
Improvement market value
$724,710
Total market value
$940,710
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1977
Heating
YES
Cooling
CENTRAL
Total area
29,475 SF
Lot
2.4 ac (104,544 SF)
Zoning code
PI
APN
3305 00200200
UPID
US73-5751967
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
1977
Heating
YES
Cooling
Yes
Lot
2.4 ac
Current owner
From public records · entity-resolved
208 Philips Building LLC
Entity
Mailing address
3 WATERCROFT CIR, DOWNINGTOWN, PA 19335-1862
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2017
$2,085,000
208 Philips Building LLC
Pa Building LLC
Deed
$1,301,000 · Santander Bank NA
Aug 10, 2012
$1,400,000
Pa Building LLC
Spelj LLC
Grant Deed
$1,190,000 · Victory Bank
Apr 14, 2006
$1,900,000
Spelj LLC
Clinton Court Associates
Grant Deed
$1,012,717 · Willow Grove Bank
Feb 10, 2003
$1,425,000
Clinton Court Associates LP
Lubker,frederick G & Joanne M
Grant Deed
$1,125,000 · 1031 Corp INC
Dec 24, 1998
$350,000
Capital Idea INC
118 Pickering Way Associates
Grant Deed
related
$95,000 · Individual
—
—
Spelj LLC
—
Deed Of Trust
related
$835,000 · South Estn Economic Dev Co/pen
—
—
Spelj LLC
—
Deed Of Trust
related
$1,000,000 · First Niagara Bank
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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