Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4505 Eland Downe Phoenixville, PA 19460-1322

    • Apartment buildings
    • 206,448 SF
    • 12.50 lot acres
    OFF-MARKET
    Value Estimations
    $19,355,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2705313
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 4505 Eland Downe

    Year built
    1986
    Lot size
    12.50 lot acres
    Property size
    206,448 SF
    Zone code
    APT
    Property type
    Apartment buildings
    APN
    1511 00842300
    APU
    151100842300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenixville
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5408
    Latitude
    40.1284
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $491,756
    $1,102,610
    $9,611,200
    $10,713,810
    -
    $1,102,610
    $9,785,480
    $10,888,090

    Comparable in this City

    • Value Estimation
      $3,305,000
      29,704 SF

      345 Walnut St

      APARTMENT HOUSE (5+ UNITS) • 29,704 SF
      345 Walnut St, Phoenixville, PA 19460-4054
      View Details
    • Value Estimation
      $11,285,000
      137,340 SF

      714 Lexington Dr

      APARTMENT HOUSE (5+ UNITS) • 137,340 SF
      714 Lexington Dr, Phoenixville, PA 19460-4225
      View Details
    • Value Estimation
      $7,650,000
      56,463 SF

      30 Nutt Rd, Unit E1

      APARTMENT HOUSE (5+ UNITS) • 56,463 SF
      30 Nutt Rd, Phoenixville, PA 19460-3929
      View Details
    • Value Estimation by Request
      59,194 SF

      45 Main St, Unit 1101

      APARTMENT HOUSE (5+ UNITS) • 59,194 SF
      45 Main St, Phoenixville, PA 19460-3293
      View Details
    • Value Estimation
      $7,410,000
      80,352 SF

      1050 Brg St, Unit B14

      APARTMENT HOUSE (5+ UNITS) • 80,352 SF
      1050 Brg St, Phoenixville, PA 19460-4256
      View Details
    • Value Estimation
      $4,200,000
      44,964 SF

      640 Nutt Rd

      APARTMENT HOUSE (5+ UNITS) • 44,964 SF
      640 Nutt Rd, Phoenixville, PA 19460-3361
      View Details

    Similar Nearby for Sale

    • $689,000
      4,000 SF

      Phoenixville Quadruplex: Income-Producing Investment

      Income-producing four-unit property in Phoenixville, near amenities and commuter routes.
      228-230 Church St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      1,260 SF

      End-of-Row Townhome with Balcony

      Charming 3-bedroom townhome with renovated kitchen, balcony, and attached garage.
      917 Oxford Ave, Phoenixville, PA 19460
      View Details
    • $510,000
      2,170 SF

      Longford Crossing Townhome with 4BR

      Well-maintained townhome with 4 bedrooms, 3.5 baths, and finished bonus room.
      204 Hudson Dr, Phoenixville, PA 19460
      View Details
    • $750,000
      2,473 SF

      Renovated Victorian Near Downtown Phoenixville

      Tastefully renovated Victorian with modern amenities, close to downtown Phoenixville.
      130 Gay St, Phoenixville, PA 19460
      View Details
    • Contact for pricing

      Phoenixville Educational/Institutional Opportunity

      Property suitable for educational, religious, or philanthropic uses.
      Phoenixville, PA 19460
      View Details
    • $2,050,000
      1.78 Acres

      Phoenixville Land with Historic Mansion

      1.77-acre property with a 14,802 SF mansion in Phoenixville.
      99 Starr St, Phoenixville, PA 19460
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,900 SF

      Remodeled Townhouse in Woodlawn Village

      Move-in ready 3-bedroom townhouse with modern amenities and private deck.
      926 Woodlawn Ave, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      124,740 SF

      Oaks Warehouse Space Available

      124,740 sqft warehouse space for rent in Oaks, PA.
      Prosperity Dr, Oaks, PA 19460
      View Details
    • Contact for pricing
      62,175 SF

      Phoenixville Medical Office Space Available

      Medical office spaces available for rent in Phoenixville, PA.
      824 Main St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      182,000 SF

      Phoenixville Industrial Space For Lease

      182,000 SF industrial space with 35' clear height.
      1122 Longford Rd, Phoenixville, PA 19460
      View Details
    • $1,600 /Mo
      27,007 SF

      Phoenixville Office Space For Lease

      Commercial office space with shared amenities in Phoenixville, PA.
      710 Wheatland St, Phoenixville, PA 19460
      View Details
    • Contact for pricing
      4,866 SF

      Retail Space in Phoenixville Center

      Neighborhood center anchored by Redner’s Warehouse Market.
      202-278 Schuylkill Rd, Phoenixville, PA 19460
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4505 Eland Downe
    Phoenixville, PA 19460-1322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!