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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    224 Liberty House Ln Phoenixville, PA 19460-2340

    • Apartment buildings
    • 36,334 SF
    • 8.30 lot acres
    OFF-MARKET
    Last Sale
    Mar 11, 2024
    Value Estimations
    $2,730,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2816584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 224 Liberty House Ln

    Year built
    1942
    Lot size
    8.30 lot acres
    Property size
    36,334 SF
    Zone code
    R2
    Property type
    Apartment buildings
    APN
    2705 000102A0
    APU
    2705000102A0

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,324,000
      Market price range: $3.32M - $12.5M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.545
    Latitude
    40.12
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,332
    $197,750
    $352,570
    $550,320
    -
    $197,750
    $384,140
    $581,890

    Comparable in this City

    • Value Estimation
      $3,195,000
      19,320 SF

      800 Kimberton Rd, Unit B15

      APARTMENT HOUSE (5+ UNITS) • 19,320 SF
      800 Kimberton Rd, Phoenixville, PA 19460-4108
      View Details
    • Value Estimation
      $38,155,000
      420,080 SF

      155 Brg St, Unit 2322

      APARTMENT HOUSE (5+ UNITS) • 420,080 SF
      155 Brg St, Phoenixville, PA 19460
      View Details
    • Value Estimation
      $19,355,000
      206,448 SF

      4505 Eland Downe

      APARTMENT HOUSE (5+ UNITS) • 206,448 SF
      4505 Eland Downe, Phoenixville, PA 19460-1322
      View Details
    • Value Estimation
      $8,700,000
      86,884 SF

      501 Mason St, Unit 100

      APARTMENT HOUSE (5+ UNITS) • 86,884 SF
      501 Mason St, Phoenixville, PA 19460-6001
      View Details
    • Value Estimation
      $785,000
      9,764 SF

      201 High St, Unit 309

      APARTMENT HOUSE (5+ UNITS) • 9,764 SF
      201 High St, Phoenixville, PA 19460-3269
      View Details
    • Value Estimation
      $2,435,000
      17,760 SF

      718 Wheatland St

      APARTMENT HOUSE (5+ UNITS) • 17,760 SF
      718 Wheatland St, Phoenixville, PA 19460-3351
      View Details

    Similar Nearby for Sale

    • New
      $720,000
      4,000 SF

      Income-Producing Phoenixville Quadruplex

      Four-unit property in Phoenixville Borough with month-to-month leases.
      228-230 Church St, Phoenixville, PA 19460
      View Details
    • $369,000
      1,260 SF

      End-of-Row Townhome with Balcony

      Charming 3-bedroom townhome with renovated kitchen, balcony, and attached garage.
      917 Oxford Ave, Phoenixville, PA 19460
      View Details
    • $510,000
      2,170 SF

      Longford Crossing Townhome with 4BR

      Well-maintained townhome with 4 bedrooms, 3.5 baths, and finished bonus room.
      204 Hudson Dr, Phoenixville, PA 19460
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    • $750,000
      2,473 SF

      Renovated Victorian Near Downtown Phoenixville

      Tastefully renovated Victorian with modern amenities, close to downtown Phoenixville.
      130 Gay St, Phoenixville, PA 19460
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    • $250,000
      2,400 SF

      Phoenixville Office Space - 2400 sq ft

      Prime Office Space, Abundant Storage, Great Location
      1288 Valley Forge Rd, Phoenixville, PA 19460
      View Details
    • $289,000
      0.90 Acres

      Phoenixville Commercial Corner Lot

      High-traffic corner lot, multiple uses.
      418 Pothouse Rd, Phoenixville, PA 19460
      View Details

    Similar Nearby for Lease

    • $2,800 /Mo
      1,900 SF

      Remodeled Townhouse in Woodlawn Village

      Move-in ready 3-bedroom townhouse with modern amenities and private deck.
      926 Woodlawn Ave, Phoenixville, PA 19460
      View Details
    • $3,300 /Mo
      4,356 SF

      High-Traffic Retail Space in Phoenixville

      1400 SF retail space with high foot traffic.
      322 Bridge St, Phoenixville, PA 19460
      View Details
    • $2,000 /Mo
      27,007 SF

      Phoenixville Office Space For Lease

      Commercial office space with industrial finishes, shared amenities, parking.
      710 Wheatland St, Phoenixville, PA 19460
      View Details
    • $3,100 /Mo
      6,534 SF

      Phoenixville Commercial Space For Lease

      Versatile commercial space in downtown Phoenixville, PA.
      315 Gay St, Phoenixville, PA 19460
      View Details
    • $1,600 /Mo
      42,253 SF

      Phoenixville Office Space For Lease

      Commercial office spaces with shared amenities and modern industrial finishes.
      710 Wheatland St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      80,000 SF

      Phoenixville Flex/Industrial Space Available

      80,000 SF flex/industrial space for lease in Phoenixville.
      1039-1041 W Bridge St, Phoenixville, PA 19460
      View Details
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    224 Liberty House Ln
    Phoenixville, PA 19460-2340
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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