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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Office buildings
404 Newcomen Rd Exton, PA 19341-1934
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-1500533
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Total area
4,322 SF
Lot
1 ac (43,560 SF)
Zoning code
R1
APN
3305 00600600
UPID
US73-1500533
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
-
KDS Marketing Inc Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$545k
Owner & transaction history
Martial Arts Studios INC · 11 yrs held
Martial Arts Studios INC
since 2015
7 recorded transactions
Zoning & alternative use
R1 · Exton, 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 Exton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exton 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
$835,000
Current use
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$6,142
Tax year 2024
Assessed value
$179,430
Assessed 2024
Previous assessed
$179,430
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$45,320
Assessed improvement
$134,110
Land market value
$45,320
Improvement market value
$143,300
Total market value
$188,620
Applied tax rate
33.0000
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
1948
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Total area
4,322 SF
Lot
1 ac (43,560 SF)
Zoning code
R1
APN
3305 00600600
UPID
US73-1500533
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Exton, PA
Zoning R1 · permitted uses
R1 · Exton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Exton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$835,000
OFFICE BUILDING Current
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
1948
Heating
HOT WATER
Cooling
Yes
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Martial Arts Studios INC
Entity
Mailing address
412 NEWCOMEN RD, EXTON, PA 19341-1934
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2015
$555,000
Martial Arts Studios INC
412 Newcomen LLC
Grant Deed
$499,500 · Santander Bk NA
Jul 2, 2003
$450,000
412 Newcomen LLC
Newcomen Society Of The U S
Grant Deed
related
$461,200 · Equity Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$150,000 · Susquehanna Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$200,000 · Susquehanna Patriot Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$300,000 · Susquehanna Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$125,000 · Equity Bank
—
—
412 Newcorner LLC
—
Deed Of Trust
related
$350,000 · Susquehanna Patriot 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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