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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Flex space
212 Philips Rd, Exton, PA 19341-1308
Entity Owned
2-yr Hold
~
Est. High Equity
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Apollo Granite & Marble 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
$2.22M
Owner & transaction history
Apcs Properties LLC · 2 yrs held
Apcs Properties LLC
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
PI · Exton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+70.3%
Auto repair, garage
$3.6M
+68.2%
Office building
$3.2M
+51.8%
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
$2,420,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
$2,035,000
6.5%
$1,880,000
7%
$1,745,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,115,000
Current use
RESTAURANT
$3,600,000
Change: +70% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,555,000
Change: +68% · Conversion: Easy
OFFICE BUILDING
$3,210,000
Change: +52% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,155,000
Change: +49% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,225,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$2.22M
Range $1.99M – $2.44M · ±10% · vs last sale $2.20M (Sep 6 2023)
Last sale anchor
$2.20M
Sep 6 2023
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
$133 / 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
$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
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
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, 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
YES
Cooling
Yes
Lot
2.2 ac
Current owner
From public records · entity-resolved
Apcs Properties LLC
Entity
Mailing address
PO BOX 2263, WEST CHESTER, PA 19380-0102
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2023
—
South Eastern Economic Dev Co Of Pa
—
Deed
related
$929,000 · United States Small Business Admin
Oct 13, 2023
—
Apcs Properties LLC
—
Deed
related
$929,000 · South Eastern Economic Deve Com Of Penn
Sep 6, 2023
$2,200,000
Apcs Properties LLC
Karpe Diem LLC
Deed
$1,130,000 · First National Bank Of Pennsylvania
Aug 16, 2022
—
Karpe Diem LLC
—
Deed
related
$550,000 · First Resource Bank
May 6, 2022
—
Karpe Diem LLC
—
Deed
related
$75,000 · First Resource Bank
Apr 7, 2022
—
Karpe Diem LLC
—
Deed
related
$285,000 · First Resource Bank
Mar 17, 2022
—
Karpe Diem LLC
—
Deed
related
$90,000 · First Resource Bank
Nov 23, 2021
—
Karpe Diem LLC
—
Deed
related
$45,000 · First Resource Bank
Nov 8, 2018
—
Karpe Diem LLC
—
Deed
related
$150,000 · First Resource Bank
Oct 1, 2014
—
Karpe Diem LLC
—
Grant Deed
related
$1,100,000 · First Resource Bk
Feb 21, 2007
$1,550,000
Karpe Diem LLC
Hjh Ents INC
Grant Deed
$1,275,000 · Malvern Fsb
Apr 18, 2001
$811,080
Chester County Development Cou
Hjh Enterprises INC
Grant Deed
$300,000 · Pennsylvania Industrial Dev
—
—
Karpe Diem LLC
—
Deed Of Trust
related
$50,000 · Malvern Fsb
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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