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Property profile & analytics
OFF-MARKET
Estimated value
$6,355,000
Auto shops
459 Lancaster Ave Devon, PA 19333-1509
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1438300
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1977
Total area
15,942 SF
Lot
1.5 ac (65,340 SF)
Zoning code
PBO
APN
5502M01440200
UPID
US73-1438300
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
-
RDS INEOS Grenadier Car Dealership
-
Nissan of The Main Line Parts Auto Repair Shop
-
Nissan Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.12M
Blend (final)
Blend
$6.36M
Owner & transaction history
Rockhill Real Estate Xiii LP · 4 yrs held
Rockhill Real Estate Xiii LP
since 2022
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
PBO · Devon, 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 Devon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Devon 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
$6,755,000
ML approach
$6,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.36M
Range $5.72M – $6.99M · ±10% · vs last sale $6.00M (Feb 3 2022)
Last sale anchor
$6.00M
Feb 3 2022
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
$399 / 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
$38,919
Tax year 2024
Assessed value
$1,043,420
Assessed 2024
Previous assessed
$1,043,420
+0.0% YoY
Effective rate
3.73%
On assessed value
Assessed land
$414,370
Assessed improvement
$629,050
Land market value
$414,370
Improvement market value
$712,230
Total market value
$1,126,600
Applied tax rate
55.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1977
Heating
YES
Cooling
CENTRAL
Total area
15,942 SF
Lot
1.5 ac (65,340 SF)
Zoning code
PBO
APN
5502M01440200
UPID
US73-1438300
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PBO · Devon, PA
Zoning PBO · permitted uses
PBO · Devon, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Devon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Lot
1.5 ac
Current owner
From public records · entity-resolved
Rockhill Real Estate Xiii LP
Entity
Mailing address
459 W LANCASTER AVE, DEVON, PA 19333-1509
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
$6,000,000
Rockhill Real Estate Xiii LP
Mclarty Silverio Real Estate LLC
Special Warranty Deed
$4,800,000 · M & T Bank
Jul 11, 2018
—
Mclarty Of Silverio R & E LLC
—
Deed
related
—
Apr 6, 2017
—
Mclarty Of Silverio R & E LLC
Dr Realty Associates LP
Quit Claim Deed
related
—
Apr 6, 2017
$6,000,000
Mclarty Silverio Real Estate LLC
Dr Realty Associates L P
Special Warranty Deed
—
Jan 3, 2007
$6,500,000
Dr Realty Associates
Bush,joseph JR
Trustees Deed
$5,610,000 · Nissan Motor Acceptance Corp
Jan 2, 2007
—
Dr Realty Associates
Bush,joseph JR
Grant Deed
related
—
—
—
Joseph Bush
—
Deed Of Trust
related
$500,000 · Lancaster Automotive Group LLC
—
—
Mclarty Of Silverio R & E LLC
—
Deed Of Trust
related
—
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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