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Property profile & analytics
FOR SALE
Investment properties
2938 Ridge Pike Eagleville, PA 19403
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1847756
For Sale
1 / 37
$749,900
2938 Ridge Pike, Eagleville, PA 19403
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1972
Total area
5,276 SF
Lot
0.16 ac (7,000 SF)
Zoning code
GC
APN
43-00-11566-00-1
UPID
US73-1847756
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
-
Mr Fixer Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$560k
Owner & transaction history
Setu Homes LLC · 5 yrs held
Setu Homes LLC
since 2021
6 recorded transactions
Zoning & alternative use
GC · Trooper, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$920,000
+45.0%
Medical building
$830,000
+31.2%
Apartment house (5+ units)
$760,000
+20.1%
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 Eagleville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eagleville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$635,000
Current use
OFFICE BUILDING
$920,000
Change: +45% · Conversion: Easy
MEDICAL BUILDING
$830,000
Change: +31% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$760,000
Change: +20% · Conversion: Moderate
RESTAURANT
$740,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$106 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,936
Tax year 2023
Assessed value
$243,620
Assessed 2024
Previous assessed
$243,620
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$62,180
Assessed improvement
$181,440
Land market value
$62,180
Improvement market value
$181,440
Total market value
$243,620
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1972
Heating
ELECTRIC
Cooling
NONE
Total area
5,276 SF
Lot
0.16 ac (7,000 SF)
Zoning code
GC
APN
43-00-11566-00-1
UPID
US73-1847756
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GC · Trooper, PA
Zoning GC · permitted uses
GC · Trooper, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Trooper. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$635,000
OFFICE BUILDING
Est. value
$920,000
MEDICAL BUILDING
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$760,000
RESTAURANT
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Heating
ELECTRIC
Cooling
Yes
Lot
0.16 ac
Current owner
From public records · entity-resolved
Setu Homes LLC
Entity
Mailing address
12 GERSHWIN DR, WEST CHESTER, PA 19380-3913
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2021
$435,000
Setu Homes LLC
Dean Mazzotta
Grant Deed
$326,250 · Td Bk NA
May 14, 2014
$210,000
Dean Mazzotta
Phoenixville Fedl Bk & Trust
Grant Deed
—
Feb 28, 2014
$4,183
Phoenixville Fedl Bk & Trust
Sheriff Of Montgomery County
Trustees Deed
related
—
—
—
Francis J Puleo
—
Deed Of Trust
related
$176,000 · Robert A Palac
—
—
Dean Mazzotta
—
Deed Of Trust
related
$320,000 · Phoenixville Fed'l Bk&tr
—
—
Francis J Puleo
—
Deed Of Trust
related
$300,000 · Phoenixville Federal S&l Assn
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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