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Property profile & analytics
OFF-MARKET
Estimated value
$6,650,000
Apartment buildings
320 1st Ave 316 Parkesburg, PA 19365-1283
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-5797636
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2009
Total area
89,563 SF
Lot
2.9 ac (126,324 SF)
Zoning code
RA
APN
0805 01180000
UPID
US73-5797636
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
-
Westminster Place at Parkesburg Retirement Community Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.20M
Blend (final)
Blend
$6.65M
Owner & transaction history
Housing Development Corp Of Lanca · 19 yrs held
Housing Development Corp Of Lanca
since 2007
6 recorded transactions
Zoning & alternative use
RA · Parkesburg, 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 Parkesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parkesburg 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
Blend value · Realmo final
$6.65M
Range $5.99M – $7.32M · ±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
$74 / 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
$157,828
Tax year 2024
Assessed value
$2,554,630
Assessed 2024
Previous assessed
$2,554,630
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$117,230
Assessed improvement
$2,437,400
Land market value
$117,230
Improvement market value
$2,439,850
Total market value
$2,557,080
Applied tax rate
8.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
84
Units
72
Total area
89,563 SF
Lot
2.9 ac (126,324 SF)
Zoning code
RA
APN
0805 01180000
UPID
US73-5797636
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RA · Parkesburg, PAZoning RA · permitted uses
RA · Parkesburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Buildings
84
Units
72
Lot
2.9 ac
Current owner
From public records · entity-resolved
Housing Development Corp Of Lanca
Entity
Mailing address
1 TRINITY DR E STE #201, DILLSBURG, PA 17019-8522
Ownership since
2007
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
Jul 10, 2008
—
Westminster Place Of Parkesburg L
—
Deed Of Trust
related
$5,890,494 · Phi
May 5, 2008
—
Westminster Place Of Parkesburg L
—
Deed Of Trust
related
$5,890,494 · Phi
Jun 18, 2007
$525,000
Housing Development Corp Of Lanca
Parkesburg Borough
Grant Deed
$600,000 · Phi
—
—
Westminster Place Of Parkesburg L
—
Deed Of Trust
related
$400,000 · Phi
—
—
Westminster Place Of Parkesburg L
—
Deed Of Trust
related
$600,000 · Phi
—
—
Westminster Place Of Parkesburg L
—
Deed Of Trust
related
$540,000 · Phi
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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