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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Sports & entertainment properties
414 National Dr Downingtown, PA 19335
Individually Owned
2-yr Hold
Property ID
US73-2408734
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2021
Total area
7,904 SF
Lot
114.09 ac (4,969,935 SF)
Zoning code
R2
APN
2904 01790000
UPID
US73-2408734
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
West Brandywine Homeowners Associat · 2 yrs held
West Brandywine Homeowners Associat
since 2024
Last sale
$503,319
7 recorded transactions
Zoning & alternative use
R2 · Downingtown, 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 Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown 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
$505,000
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $503k (Apr 18 2024)
Last sale anchor
$503k
Apr 18 2024
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
$64 / 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
$60,685
Tax year 2024
Assessed value
$1,211,930
Assessed 2024
Previous assessed
$1,211,930
+0.0% YoY
Effective rate
5.01%
On assessed value
Assessed land
$527,870
Assessed improvement
$684,060
Land market value
$527,870
Improvement market value
$844,310
Total market value
$1,372,180
Applied tax rate
29.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Units
1
Total area
7,904 SF
Lot
114.09 ac (4,969,935 SF)
Zoning code
R2
APN
2904 01790000
UPID
US73-2408734
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Downingtown, PA
Zoning R2 · permitted uses
R2 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downingtown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Cooling
Yes
Buildings
6
Units
1
Lot
114.09 ac
Current owner
From public records · entity-resolved
West Brandywine Homeowners Associat
Individual
Mailing address
400 CAMPUS DR #101, COLLEGEVILLE, PA 19426-4948
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2024
—
West Brandywine Homeowners Associat
Toa West Brandywine LLC
Intrafamily Transfer
related
—
Dec 21, 2021
$503,319
Jay D Levin
Toa West Brandywine LLC
Deed
—
Dec 10, 2021
$685,985
John D Smatlak
Toa West Brandywine LLC
Deed
—
Dec 8, 2021
$622,998
Peter B Davidson
Toa West Brandywine LLC
Deed
$497,934 · Wells Fargo Bank NA
Dec 6, 2021
$530,906
John P Donohue
Toa West Brandywene LLC
Deed
—
Dec 1, 2021
$675,341
Conrad Ridgway
Toa West Brandywine LLC
Deed
—
Sep 6, 2019
$2,900,000
Toa West Brandywine LLC
Longview Swinehart LP
Special Warranty Deed
$110,000 · M & T Bank
Jun 2, 2011
$1,625,000
Longview Swinehart LP
Swinehart Investment Ptrs LP
Grant Deed
—
Jul 8, 2010
—
Choptank Investment Ptrs LP
—
Deed Of Trust
related
$65,000,000 · Wells Fargo Bank
Sep 16, 2005
$2,860,000
Swinehart Investment Partners LP
Balderston Family LP
Deed
$2,850,000 · Wachovia Bank NA
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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