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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Office buildings
400 Main St Phoenixville, PA 19460-3810
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1046472
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Total area
12,816 SF
Lot
0.62 ac (27,103 SF)
Zoning code
NCR2
APN
1513 05030000
UPID
US73-1046472
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
-
Pollene Vanleer, OT Physician
-
Schuylkill Valley Model Railroad Freight Service Logistics Company
-
R. Strunk Funeral Home Social Service Agency
-
Phoenixville Orthopedic Associates Physician
-
Sharon Folger Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$1.62M
Owner & transaction history
Rle Property LLC · 9 yrs held
Rle Property LLC
since 2017
5 recorded transactions
Zoning & alternative use
NCR2 · Phoenixville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+10.9%
Apartment house (5+ units)
$2.4M
+3.5%
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 Phoenixville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenixville 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
OFFICE BUILDING
$2,350,000
Current use
COMMERCIAL (GENERAL)
$2,605,000
Change: +11% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,435,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±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
$126 / 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
$20,441
Tax year 2024
Assessed value
$445,350
Assessed 2024
Previous assessed
$445,350
+0.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$64,890
Assessed improvement
$380,460
Land market value
$64,890
Improvement market value
$384,590
Total market value
$449,480
Applied tax rate
15.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Heating
YES
Cooling
CENTRAL
Total area
12,816 SF
Lot
0.62 ac (27,103 SF)
Zoning code
NCR2
APN
1513 05030000
UPID
US73-1046472
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
NCR2 · Phoenixville, PA
Zoning NCR2 · permitted uses
NCR2 · Phoenixville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenixville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1910
Heating
YES
Cooling
Yes
Lot
0.62 ac
Current owner
From public records · entity-resolved
Rle Property LLC
Entity
Mailing address
PO BOX 276, PHOENIXVILLE, PA 19460-0276
Ownership since
2017
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
Oct 4, 2023
—
Rle Property LLC
—
Deed
related
$554,000 · Citadel FCU
May 4, 2017
$650,000
Rle Property LLC
John J Pell
Deed
$625,000 · Vist Financial
Jul 23, 2008
$150,000
J Pell William Schaa John Md
Chester Cnty Indl Dev Authori
Grant Deed
$900,000 · Eagle National Bank
—
—
Chester Cnty Indl Dev Authori
—
Deed Of Trust
related
$100,000 · Pnc Bank
—
—
Chester Cnty Indl Dev Authori
—
Deed Of Trust
related
$60,000 · Pnc 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.
Try Rey
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