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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Commercial real estate
508 Smithbridge Rd Glen Mills, PA 19342-1540
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2265836
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1948
Total area
4,504 SF
Lot
7 ac (304,920 SF)
APN
13-00-00761-00
UPID
US73-2265836
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
-
Conserva Construction Contractor General Contractor
-
Garnet Valley Farms Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
508 Smithbridge LLC · 2 yrs held
508 Smithbridge LLC
since 2024
Last sale
$840,706
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$535,000
+23.5%
Office building
$510,000
+18.2%
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 Glen Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Mills 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
$840,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$685,000
7%
$635,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$535,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $841k (May 9 2024)
Last sale anchor
$841k
May 9 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
$187 / 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
$8,140
Tax year 2024
Assessed value
$357,530
Assessed 2024
Previous assessed
$357,530
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$238,890
Assessed improvement
$118,640
Total market value
$357,530
Applied tax rate
13.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1948
Heating
NONE
Cooling
NONE
Stories
2
Units
1
Total area
4,504 SF
Lot
7 ac (304,920 SF)
APN
13-00-00761-00
UPID
US73-2265836
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$535,000
OFFICE BUILDING
Est. value
$510,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1948
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
7 ac
Current owner
From public records · entity-resolved
508 Smithbridge LLC
Entity
Mailing address
430 FOX MDW LN, WEST CHESTER, PA 19382-8458
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$1,225,000
508 Smithbridge LLC
Biggs Holding Company LLC
Deed
$918,750 · People First FCU
Jun 15, 2023
—
Biggs Holding Company LLC
—
Deed
related
$100,000 · Wilmington Savings Fund Society Fsb
Nov 20, 2019
$500,000
Biggs Holding Company LLC
Florence V Smith
Deed
$375,000 · Wilmington Savings Fund Society Fsb
Jan 15, 2014
—
Smith,ronald W & Florence V Trust
Smith Ronald W Trust
Quit Claim Deed
related
—
Jul 23, 2009
—
Smith Ronald W & Florence V Tr
Smith,ronald W & Florence V
Quit Claim Deed
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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