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Property profile & analytics
OFF-MARKET
Auto shops
215 Lancaster Ave Devon, PA 19333-1505
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-2230619
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Total area
4,390 SF
Lot
1.02 ac (44,222 SF)
Zoning code
PBO
APN
5503J00120200
UPID
US73-2230619
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
-
Maserati of The Main Line Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rockhill Real Estate III LP · 2 yrs held
Rockhill Real Estate III LP
since 2023
Last sale
$330,042
7 recorded transactions
Zoning & alternative use
PBO · Devon, 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 Devon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Devon 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
—
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
$32,810
Tax year 2024
Assessed value
$879,630
Assessed 2024
Previous assessed
$801,620
+9.7% YoY
Effective rate
3.73%
On assessed value
Assessed land
$298,220
Assessed improvement
$581,410
Land market value
$298,220
Improvement market value
$620,630
Total market value
$918,850
Applied tax rate
55.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Total area
4,390 SF
Lot
1.02 ac (44,222 SF)
Zoning code
PBO
APN
5503J00120200
UPID
US73-2230619
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PBO · Devon, PA
Zoning PBO · permitted uses
PBO · Devon, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Devon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Lot
1.02 ac
Current owner
From public records · entity-resolved
Rockhill Real Estate III LP
Entity
Free & Clear · 2 yrs held
Mailing address
4005 W CHESTER PIKE, NEWTOWN SQUARE, PA 19073-2206
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2023
—
Rockhill Real Estate III LP
Rockhill Real Estate III LP
Intrafamily Transfer
related
—
Aug 14, 2023
$330,042
Rockhill Real Estate III LP
Rockhill Real Estate Xi LP
Deed
—
Nov 21, 2014
$2,400,000
Rockhill Real Estate III LP
Main Line Real Properties LP
Deed
$480,000 · Main Line Real Properties LP
Aug 24, 2011
—
Line Real Properties LP Main
—
Deed Of Trust
related
$11,391,388 · Mercedes-benz Fin'l Svcs USA
Dec 8, 2010
—
Line Real Properties LP Main
—
Deed Of Trust
related
$11,775,000 · Mercedes-benz Fin'l Svcs USA
Jul 7, 2009
$11,775,000
Line Real Properties Main
Autobahn Motor Cars
Grant Deed
$11,775,000 · Dcfs USA LLC
Feb 28, 2003
$1,675,000
Autobain Motor Cars
Chester County Development
Grant Deed
$1,000,000 · Eugene R Myers
—
—
Line Real Properties LP Main
—
Deed Of Trust
related
$21,546,523 · Mercedes-benz Fin'l Svcs USA
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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