Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    698 Lincoln Hwy Exton, PA 19341-3712
    Property profile & analytics

    698 Lincoln Hwy, Exton, PA 19341-3712

    View on Map
    • Office buildings
    • 3,745 SF
    • 0.90 lot acres
    Off-Market
    Last Sale Jun 29, 2023
    Property ID
    US73-3095418
    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.
    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Logan Funeral Home, Inc. / Social Service Agency

    Property Details for 698 Lincoln Hwy

    Year built
    2004
    Lot size
    0.90 lot acres
    Zone code
    I1
    Property type
    Office buildings
    APN
    4105 01910100
    APU
    410501910100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 11, 2024 — Logans Exton Property LLC — Deed · related $100k · Franklin Mint FCU
    Jun 29, 2023 — Commonwealth Of Pennsylvania West Whiteland Township Quit Claim Deed · related —
    Mar 1, 2023 — West Whiteland Township Logans Exton Property LLC Deed —
    Oct 6, 2021 — Logans Exton Property LLC — Deed · related $100k · Franklin Mint FCU
    Dec 19, 2018 — Logans Exton Property LLC — Deed · related $145k · Franklin Mint FCU
    Feb 20, 2013 $743,000 Logans Exton Property LLC Logan,william H III & Kathleen M Grant Deed $1.7M · Live Oak Banking Co
    — — Logans Exton Property LLC — Deed Of Trust · related $145k · Franklin Mint FCU
    — — William H Logan — Deed Of Trust · related $850k · Beneficial Mutual Savings
    — — William H Logan III — Deed Of Trust · related $150k · Beneficial Mutual Savings

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,045,000
      6.5%
      $965,000
      7%
      $895,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $957,000
      Market price range: $481k - $957k
      AI Estimate
      $524,000
      Market price range: $105k - $524k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $720,000
      Current use
      COMMERCIAL (GENERAL)
      $855,000
      Change: +18% Conversion: Easy
      AUTO REPAIR, GARAGE
      $800,000
      Change: +11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Exton
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.6089
    Latitude
    40.0296
    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
    $18,975
    $196,640
    $457,950
    $654,590
    -
    $196,640
    $517,360
    $714,000

    Comparable in this City

    • Value Estimation
      $7,630,000
      63,364 SF

      770 Pennsylvania Dr

      OFFICE BUILDING
      770 Pennsylvania Dr, Exton, PA 19341-1186
      View Details
    • Value Estimation
      $20,755,000
      95,272 SF

      222 Vly Crk Blvd

      OFFICE BUILDING
      222 Vly Crk Blvd, Exton, PA 19341-2385
      View Details
    • Value Estimation
      $5,870,000
      40,924 SF

      211 Welsh Pool Rd Ste, Unit 130

      OFFICE BUILDING
      211 Welsh Pool Rd Ste, Exton, PA 19341-1321
      View Details
    • Value Estimation
      $4,735,000
      35,000 SF

      100 Arrandale Blvd

      OFFICE BUILDING
      100 Arrandale Blvd, Exton, PA 19341-2695
      View Details
    • Value Estimation
      $6,295,000
      40,435 SF

      Constitution Dr

      OFFICE BUILDING
      Constitution Dr, Exton, PA 19341
      View Details
    • Value Estimation
      $6,935,000
      43,040 SF

      460 Creamery Way

      OFFICE BUILDING
      460 Creamery Way, Exton, PA 19341-2533
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      32,000 SF

      Exton Office Building For Sale

      32,000 SF office building in Eagleview Corporate Center.
      367 Eagleview Blvd, Exton, PA 19341
      View Details
    • Contact for pricing
      43,200 SF

      Two-Story Corporate Office Building

      Two-story office building with flexible floor plates, corporate buildout, and amenities, suited for owner-user or multi-tenant conversion.
      191 Sheree Blvd, Exton, PA 19341
      View Details
    • Contact for pricing
      2,820 SF

      Exton Commercial Property For Sale

      2,820 SF building on 1 acre in prime location.
      340 N Pottstown Pike, Exton, PA 19341
      View Details
    • Contact for pricing
      14,000 SF

      Two Office Buildings in Exton

      Two one-story office buildings with ample parking and landscaping.
      840-841 Springdale Dr, Exton, PA 19341
      View Details
    • $1,000,000
      4,284 SF

      Exton Office Building: Prime Location

      Vacant, flexible-use office building.
      8 Village Ave, Exton, PA 19341
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Exton Office Buildings For Lease

      Two freestanding office buildings in Whiteland Business Park.
      840 Springdale Dr, Exton, PA 19341
      View Details
    • Contact for pricing

      Prestigious Office Space in Exton

      Modern office building with prime location and professional environment.
      600 Eagleview Blvd, Franklin Center, PA 19341
      View Details
    • Contact for pricing

      Class A Office Building Rental

      Prestigious office building with high-end finishes and convenient location.
      100 Arrandale Blvd, Exton, PA 19341
      View Details
    • Contact for pricing

      Class A Suburban Office Building

      Two-story office building near PA Turnpike with high visibility.
      717 Constitution Dr, Exton, PA 19341
      View Details
    • Contact for pricing

      Class A Office Building

      Single-story office building with impressive sky-lit lobby near PA Turnpike.
      411 Eagleview Blvd, Exton, PA 19341
      View Details
    • Contact for pricing

      Class A Office Building

      Suburban office building near PA Turnpike in Eagleview.
      760 Constitution Dr, 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.
    698 Lincoln Hwy
    Exton, PA 19341-3712
    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

    Thank You for Inquiry
    698 Lincoln Hwy, Exton, PA, 19341
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!