212 Philips Rd Exton, PA 19341-1308
Entity Owned
2-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.42M
Range $2.18M – $2.66M (±10%)
Implied cap rate
5.00%
In-place · NOI ÷ last sale
Property ID
US73-0081323
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Total area
16,632 SF
Lot
2.2 ac (95,832 SF)
Zoning code
PI
APN
3305 00200700
UPID
US73-0081323
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.42M
Owner & transaction history
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
PI · Exton, PA
Top alternative use upside
Restaurant
$3.6M
+70.3%
Auto repair, garage
$3.6M
+68.2%
Office building
$3.2M
+51.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.42M
Value range
$2.18M – $2.66M
±10% around blend
Estimated value / SF
$146 / SF
Confidence
High
6 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
60
$2.18M
blend $2.42M
$2.66M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
16,632 SF
Lot area
2.2 ac
Year built
1979
APN
3305 00200700
Assessed value
$584,100
Annual tax
$19,993
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.88M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.04M
@ 6.5% CAP return
$1.88M
@ 7% CAP return
$1.75M
4
Sales comparison
Partial preview
Sales approach indication
$1.20M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.0 mi away · 17,593 SF
16.1 mi away · 20,871 SF
17.4 mi away · 14,256 SF
22.6 mi away · 12,000 SF
22.8 mi away · 20,960 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 53 sales
$127
+15%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $146/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+70%
vs current-use indication
Auto Repair, Garage
Office Building
Apartment House (5+ Units)
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
5.00%
Implied, in-place cap rate for this flex space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.00%
9.0%
NOI (est.)
$154k *
Last sale · Sep 2023
$2.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.08M
Move the market yield to see immediate price impact.
Value / SF
$185
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.50%5.00%5.50%
$139k
$3.08M
$2.77M
$2.52M
$154k
$3.42M
$3.08M
$2.80M
$169k
$3.76M
$3.39M
$3.08M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$749k
9.1 mi · Mar 2026 · $54/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$19,993
Tax year 2024
Assessed value
$584,100
Assessed 2024
Previous assessed
$584,100
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$198,000
Assessed improvement
$386,100
Land market value
$198,000
Improvement market value
$394,850
Total market value
$592,850
Applied tax rate
33.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Heating
YES
Cooling
NONE
Total area
16,632 SF
Lot
2.2 ac (95,832 SF)
Zoning code
PI
APN
3305 00200700
UPID
US73-0081323
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PI · Exton, PAZoning PI · permitted uses
PI · Exton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
YES
Cooling
Yes
Lot
2.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PI
Jurisdiction
Exton, PA
Recorded code
PI
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Debt & historyRecorded loans and transaction history
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