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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Office buildings
508 Brg St Phoenixville, PA 19460-3503
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5417226
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
3,000 SF
Lot
0.53 ac (23,273 SF)
Zoning code
DC
APN
1509 06410000
UPID
US73-5417226
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
-
Nic Scogna - Benefits Coordinator Insurance Agency
-
Home with RM | Robyn McGinley - Realtor with Better Homes and Gardens Real Estate Real Estate Agency
-
Michele Castelino BHGRE Real Estate Agency
-
Natalie Monte, Realtor Real Estate Agency
-
Jill Blasek - Your Trusted Realtor For Life, SRS | SRES Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$808k
Blend (final)
Blend
$585k
Owner & transaction history
508 W Bridge Ltd Ptshp · 18 yrs held
508 W Bridge Ltd Ptshp
since 2008
3 recorded transactions
Zoning & alternative use
DC · Phoenixville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$640,000
+16.5%
Commercial (general)
$610,000
+10.9%
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 Phoenixville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenixville 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%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$550,000
Current use
AUTO REPAIR, GARAGE
$640,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$195 / 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
$9,993
Tax year 2024
Assessed value
$217,710
Assessed 2024
Previous assessed
$217,710
+0.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$108,050
Assessed improvement
$109,660
Land market value
$108,050
Improvement market value
$118,490
Total market value
$226,540
Applied tax rate
15.0000
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
1953
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,000 SF
Lot
0.53 ac (23,273 SF)
Zoning code
DC
APN
1509 06410000
UPID
US73-5417226
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
DC · Phoenixville, PA
Zoning DC · permitted uses
DC · Phoenixville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenixville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$610,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1953
Heating
FORCED AIR
Cooling
Yes
Lot
0.53 ac
Current owner
From public records · entity-resolved
508 W Bridge Ltd Ptshp
Individual
Mailing address
309 LANCASTER AVEC3, MALVERN, PA 19355-1889
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
—
508 W Bridge LP
—
Deed
related
$450,000 · The Victory Bank
Mar 17, 2008
—
508 W Bridge Ltd Ptshp
508 W Bridge Ltd Ptshp
Quit Claim Deed
—
Dec 11, 2007
$485,000
508 W Bridge
Serhienko,linda J
Grant Deed
$552,500 · Leesport 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.
Try Rey
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