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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Office buildings
412 Newcomen Rd Exton, PA 19341-1934
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-5952906
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Total area
6,748 SF
Lot
0.76 ac (33,104 SF)
Zoning code
R1
APN
3305 00600500
UPID
US73-5952906
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
-
Sport Psychology for Riders Physician Medical Clinic
-
Janet Sasson Edgette, PsyD, LLC Psychotherapist Counselor
-
Urban Samurai Society Training Center Sports School
-
T'ai Chi at Makoto Newcomen Sports School
-
Creatrix Collective Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$825k
Owner & transaction history
Martial Arts Studios INC · 10 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
$1,300,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,280,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$122 / 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
$9,585
Tax year 2024
Assessed value
$280,040
Assessed 2024
Previous assessed
$280,040
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$39,980
Assessed improvement
$240,060
Land market value
$39,980
Improvement market value
$240,060
Total market value
$280,040
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
WINDOW A/C
Total area
6,748 SF
Lot
0.76 ac (33,104 SF)
Zoning code
R1
APN
3305 00600500
UPID
US73-5952906
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
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING Current
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
1948
Heating
HOT WATER
Cooling
Yes
Lot
0.76 ac
Current owner
From public records · entity-resolved
Martial Arts Studios INC
Entity
Mailing address
412 NEWCOMEN RD, EXTON, PA 19341-1934
Mailing matches property
Yes
Owner-occupied
Yes
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
Jan 16, 2025
—
The Martial Arts Studios INC
—
Deed
related
$348,000 · Centerstone Sba Lending INC
Aug 21, 2015
$330,000
Martial Arts Studios INC
412 Newcomen LLC
Grant Deed
$297,000 · Santander Bk NA
Nov 18, 2009
—
412 Newcomen LLC
—
Deed Of Trust
related
$1,200,000 · Susquehanna Bank
Jan 24, 2005
$350,000
412 Newcomen LLC
Newcomen Society Of United States
Grant Deed
related
$350,000 · Susquehanna Patriot Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$150,000 · Susquehanna Bank
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$145,500 · George Delfabbro
—
—
412 Newcomen LLC
—
Deed Of Trust
related
$300,000 · Susquehanna 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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