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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Warehouses
2390 Yellow Spgs Rd Malvern, PA 19355
Entity Owned
19-yr Hold
Free & Clear
Property ID
US73-2071315
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
9,600 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
4303 00400000
UPID
US73-2071315
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Church Road · 19 yrs held
Church Road
since 2006
2 recorded transactions
Zoning & alternative use
C2 · Malvern, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Article XI Reserved Article XII C1 - Commercial District Article XIII C2 - Adaptive Reuse Commercial District Article XIV C3 - Town Center Commercial District Article XV C4 - High Intensity Commercial District…
Zone name
Commercial 4.8 Acres
General category
COMMERCIAL
Zone area
4.80 ac
Top alternative use upside
Auto repair, garage
$2.1M
+59.8%
Apartment house (5+ units)
$1.8M
+42.0%
Office building
$1.7M
+34.0%
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 Malvern submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malvern 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,405,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,285,000
Current use
AUTO REPAIR, GARAGE
$2,050,000
Change: +60% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,820,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$1,720,000
Change: +34% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,220,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10%
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
$129 / 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
$30,582
Tax year 2024
Assessed value
$868,240
Assessed 2024
Previous assessed
$868,240
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$125,020
Assessed improvement
$743,220
Land market value
$125,020
Improvement market value
$772,210
Total market value
$897,230
Applied tax rate
43.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
NONE
Buildings
4
Total area
9,600 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
4303 00400000
UPID
US73-2071315
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Malvern, PAZoning C2 · permitted uses
C2 · Malvern, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Article VII R4 - Residential District Article VIII R5 - Residential District Article IX R6 - Residential District Article X R7 - Residential District Article XI Reserved Article XII C1 - Commercial District Article XIII C2 - Adaptive Reuse Commercial District Article XIV C3 - Town Center Commercial District Article XV C4 - High Intensity Commercial District Article XVI I1 - Institutional District Article XVII I2 - Institutional District A
Zone name
Commercial 4.8 Acres
General category
COMMERCIAL
Zone area
4.80 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
1987
Heating
FORCED AIR
Cooling
Yes
Buildings
4
Lot
2 ac
Current owner
From public records · entity-resolved
Church Road
Entity
Free & Clear · 19 yrs held
Mailing address
1875 CHURCH RD, MALVERN, PA 19355-8790
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2006
$653,981
Church Road
Chester Cnty Indl Dev Autho
Grant Deed
—
—
—
Church Road
—
Deed Of Trust
related
$2,031,514 · F Brian & J Bradley Forcine
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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