Sign Up Successful!
You now have access to more from Realmo!
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

    475 Creamery Way Exton, PA 19341-2546

    • Flex space
    • 76,631 SF
    • 16.73 lot acres
    OFF-MARKET
    Last Sale
    Oct 07, 2020
    $8,800,000
    Value Estimations
    $10,445,000
    Show details
    Cap Rate Potential
    4.3%
    Flex space
    Location Intelligence
    Property ID
    US73-0043848
    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

    • Ge Energy Manufacturing Inc / Corporate Office
    • SABIC / Engineer

    Property Details for 475 Creamery Way

    Year built
    1989
    Lot size
    16.73 lot acres
    Property size
    76,631 SF
    Zone code
    I1
    Property type
    Flex space
    APN
    4105 00970400
    APU
    410500970400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $13,040,000
      ML approach
      $11,940,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $9,375,000
      6.5%
      $8,655,000
      7%
      $8,035,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,427,000
      Market price range: $5.63M - $16.2M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $9,735,000
      Current use
      RESTAURANT
      $16,580,000
      Change: +70% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $16,370,000
      Change: +68% Conversion: Easy
      OFFICE BUILDING
      $14,780,000
      Change: +52% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $14,545,000
      Change: +49% Conversion: Difficult
      WAREHOUSE, STORAGE
      $10,245,000
      Change: +5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Exton
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6494
    Latitude
    40.02
    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
    $97,325
    $828,490
    $2,529,010
    $3,357,500
    -
    $828,490
    $2,770,490
    $3,598,980

    Comparable in this City

    • Value Estimation
      $10,475,000
      90,020 SF

      523 James Hance Ct

      LIGHT INDUSTRIAL • 90,020 SF
      523 James Hance Ct, Exton, PA 19341-2560
      View Details
    • Value Estimation
      $11,210,000
      154,685 SF

      241 Welsh Pool Rd

      LIGHT INDUSTRIAL • 154,685 SF
      241 Welsh Pool Rd, Exton, PA 19341-1316
      View Details
    • Value Estimation
      $850,000
      9,570 SF

      120 Ship Rd

      LIGHT INDUSTRIAL • 9,570 SF
      120 Ship Rd, Exton, PA 19341-2813
      View Details
    • Value Estimation by Request
      5,544 SF

      101 Shoen Rd

      LIGHT INDUSTRIAL • 5,544 SF
      101 Shoen Rd, Exton, PA 19341
      View Details
    • Value Estimation
      $1,710,000
      20,247 SF

      219 Welsh Pool Rd

      LIGHT INDUSTRIAL • 20,247 SF
      219 Welsh Pool Rd, Exton, PA 19341-1314
      View Details
    • Value Estimation
      $745,000
      8,694 SF

      255 Whitford Rd

      LIGHT INDUSTRIAL • 8,694 SF
      255 Whitford Rd, Exton, PA 19341-2634
      View Details

    Similar Nearby for Sale

    • $1,950,000
      8,600 SF

      Mixed-Use Buildings on 2.5 Acres

      Three renovated buildings on a corner lot with great visibility.
      315 S Whitford Rd, Exton, PA 19341
      View Details
    • $3,100,000
      8,600 SF

      Exton Industrial Property: 3 Buildings

      Prime Exton warehouse, 8,600 sq ft, 2.5 acres.
      315 Whitford Rd, Exton, PA 19341
      View Details
    • Contact for pricing
      636,120 SF

      Exton Warehouse and Industrial Property

      Large industrial property in Exton, Pennsylvania, totaling 636,120 square feet.
      1130 Pottstown Pike, Exton, PA 19341
      View Details
    • Contact for pricing
      0.10 Acres

      and carpeting. Great for anyone needing an office space to accommodate 2-3 people with some additional storage. Schedule your appointment now!""""}"""

      Exton Office Condo - Prime Location
      402 Gordon Dr, Exton, PA 19341
      View Details
    • Contact for pricing
      0.13 Acres

      202 Exton Cmns, Exton, PA 19341

      Office Properties & Spaces • 0.13 Acres
      202 Exton Cmns, Exton, PA 19341
      View Details
    • $4,500,000
      4,000 SF

      Retail Space Near Exton Mall

      Retail space with a corporate tenant near Exton Mall.
      215 N Pottstown Pike, Exton, PA 19341
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      90,265 SF

      Exton, PA Industrial Flex Space

      90,000+ SF Office/Warehouse Available
      290 National Rd, Exton, PA 19341
      View Details
    • $14 SF/Yr
      4,650 SF

      Exton Industrial Flex Space Available

      4,650 SF flex space for rent in Exton, PA.
      303-305 National Rd, Exton, PA 19341
      View Details
    • $4,500 /Mo
      4,132 SF

      Exton Flex Space Available

      4,132 SF flex space with warehouse in Exton, PA.
      350 N Pottstown Pike, Exton, PA 19341
      View Details
    • $14 SF/Yr
      3,025 SF

      Exton Flex/Industrial Space Available

      Flex/Industrial space available for lease in Exton, Pennsylvania.
      15 E Uwchlan Ave, Exton, PA 19341
      View Details
    • $14 SF/Yr
      18,600 SF

      National Road Warehouse Space

      18,600 SF Warehouse, Chester County
      303 National Rd, Exton, PA 19341
      View Details
    • $9 SF/Yr
      70,000 SF

      Exton Manufacturing and Warehouse Space

      70,000 SF sublease available for manufacturing or warehouse use.
      241 Philips Rd, Exton, PA 19341
      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.
    475 Creamery Way
    Exton, PA 19341-2546
    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.