Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Office buildings
60 Boot Rd West Chester, PA 19380-1107
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-5441379
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
6,050 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1
APN
4105 02650000
UPID
US73-5441379
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
-
Charleston Firm Law Firm
-
Bruce E. Mapes, PhD Physician Medical Clinic
-
Select SMART Realty Real Estate Agency
-
Birch Tree Homes, LLC General Contractor
-
Next Chapter Settlements Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$1.06M
Owner & transaction history
Chariot Real Estate LLC · 1 yrs held
Chariot Real Estate LLC
since 2025
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
C1 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.8M
+34.0%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
$1,095,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,305,000
Current use
RESTAURANT
$1,750,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,150,000
Change: -12% · Conversion: Easy
WAREHOUSE, STORAGE
$1,080,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10% · vs last sale $825k (Mar 3 2025)
Last sale anchor
$825k
Mar 3 2025
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
$174 / 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
$14,253
Tax year 2024
Assessed value
$491,680
Assessed 2024
Previous assessed
$491,680
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$43,290
Assessed improvement
$448,390
Land market value
$43,290
Improvement market value
$448,390
Total market value
$491,680
Applied tax rate
41.0000
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
1900
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
3
Rooms
12
Bathrooms
2
Total area
6,050 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C1
APN
4105 02650000
UPID
US73-5441379
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · West Chester, PA
Zoning C1 · permitted uses
C1 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
2
Rooms
12
Bathrooms
2
Lot
1.8 ac
Current owner
From public records · entity-resolved
Chariot Real Estate LLC
Entity
Mailing address
1009 LAMBOURNE RD, WEST CHESTER, PA 19382-8021
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$825,000
Chariot Real Estate LLC
Tytrevken LLC
Deed
$660,000 · Firstrust Bank
Nov 7, 2003
$425,000
Tytrevken LLC
Turks Head Properties INC
Grant Deed
$500,000 · Equity Bank
Jul 8, 1999
$350,000
Mkkk INC
Devereux Foundation
Grant Deed
$275,000 · First National Bank W Chester
—
—
Tytrevken LLC
—
Deed Of Trust
related
$362,000 · Univest Bk & Tr Co
—
—
Tytrevken LLC
—
Deed Of Trust
related
$200,000 · National Penn Bank
—
—
Tytrevken LLC
—
Deed Of Trust
related
$750,000 · National Penn Bank
—
—
Tytrevken LLC
—
Deed Of Trust
related
$100,000 · National Penn 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 60 Boot Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
