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Property profile & analytics
OFF-MARKET
Estimated value
$10,185,000
Office buildings
575 Swedesford Rd Ste 208, Wayne, PA 19087-1613
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0365099
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
69,672 SF
Lot
11 ac (479,160 SF)
Zoning code
P
APN
4306E00970100
UPID
US73-0365099
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.19M
Owner & transaction history
Bof II Pa Bay Colony LLC · 6 yrs held
Bof II Pa Bay Colony LLC
since 2019
5 recorded transactions
Zoning & alternative use
P · Wayne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+2.8%
Auto repair, garage
$14.9M
+1.5%
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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,660,000
Current use
RESTAURANT
$15,070,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,885,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$13,225,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$12,475,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$10.19M
Range $9.17M – $11.20M · ±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
$146 / 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
$334,651
Tax year 2024
Assessed value
$9,500,800
Assessed 2024
Previous assessed
$9,500,800
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$1,050,000
Assessed improvement
$8,450,800
Land market value
$1,050,000
Improvement market value
$8,671,300
Total market value
$9,721,300
Applied tax rate
43.0000
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
1985
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
31
Total area
69,672 SF
Lot
11 ac (479,160 SF)
Zoning code
P
APN
4306E00970100
UPID
US73-0365099
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
P · Wayne, PA
Zoning P · permitted uses
P · Wayne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wayne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.7M
RESTAURANT
Est. value
$15.1M
AUTO REPAIR, GARAGE
Est. value
$14.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.2M
COMMERCIAL (GENERAL)
Est. value
$12.5M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1985
Heating
FORCED AIR
Cooling
Yes
Buildings
31
Lot
11 ac
Current owner
From public records · entity-resolved
Bof II Pa Bay Colony LLC
Entity
Mailing address
STE 3100, ATLANTA, GA 30328
Ownership since
2019
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
Dec 24, 2019
$58,250,000
Bof II Pa Bay Colony LLC
Ipix Bay Colony Investors LP
Trustees Deed
$4,433,145 · Regions Bk
Aug 20, 2015
$37,500,000
Ipix Bay Colony Investors LP
Brandywine Operating Ptshp LP
Grant Deed
$33,900,000 · Santander Bk NA
Mar 19, 2004
—
Brandywine Operation Ptshp
Nutmeg Acquisitions INC
Grant Deed
related
—
Dec 2, 2003
—
Nutmeg Acquisitions INC
California State Teachers Reti
Grant Deed
related
—
Nov 30, 1999
$43,782,768
California State Teachers Reti
Whtr Real Estate LP
Grant Deed
—
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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