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Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Flex space
307 Westtown Rd West Chester, PA 19382-4990
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0766299
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1995
Total area
8,058 SF
Lot
1.83 ac (79,889 SF)
Zoning code
I2
APN
5205 01060000
UPID
US73-0766299
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
-
Colony Pressure Washing Landscaping General Contractor
-
Willowdale Children's Academy Daycare Center
-
West Chester Head Start Center High School Daycare Center
-
Executive Auto Boutique Car Wash
-
Colony Pool Services Inc. (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.15M
Owner & transaction history
Elam Corporate Center LLC · 3 yrs held
Elam Corporate Center LLC
since 2023
Last sale
$3.0M
5 recorded transactions
Zoning & alternative use
I2 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+162.5%
Office building
$2.3M
+123.5%
Commercial (general)
$2.2M
+118.7%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$4,015,000
ML approach
$4,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,685,000
Change: +162% · Conversion: Easy
OFFICE BUILDING
$2,290,000
Change: +124% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,240,000
Change: +119% · Conversion: Difficult
RESTAURANT
$2,190,000
Change: +114% · Conversion: Difficult
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±10% · vs last sale $3.00M (Apr 4 2023)
Last sale anchor
$3.00M
Apr 4 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
$391 / 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
$26,374
Tax year 2024
Assessed value
$909,860
Assessed 2024
Previous assessed
$909,860
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$220,490
Assessed improvement
$689,370
Land market value
$220,490
Improvement market value
$734,890
Total market value
$955,380
Applied tax rate
52.0000
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
1995
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
4
Bathrooms
1
Total area
8,058 SF
Lot
1.83 ac (79,889 SF)
Zoning code
I2
APN
5205 01060000
UPID
US73-0766299
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · West Chester, PA
Zoning I2 · permitted uses
I2 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
Est. value
$2.2M
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Elam Corporate Center LLC
Entity
Mailing address
307 WESTTOWN RD, WEST CHESTER, PA 19382-4990
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2025
—
Elam Corporate Center LLC
—
Deed
related
$150,000 · Citadel FCU
Apr 4, 2023
$3,000,000
Elam Corporate Center LLC
Cynthia Springer
Deed
$2,900,000 · Citadel FCU
Aug 24, 2018
—
David P Springer
David P Springer
Quit Claim Deed
related
—
—
—
David P Springer
—
Deed Of Trust
related
$940,000 · First Union National Bank
—
—
David Springer
—
Deed Of Trust
related
$780,000 · Vantage Point Bank
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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