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Property profile & analytics
OFF-MARKET
Estimated value
$6,080,000
Apartment buildings
699 Rice Blvd F Exton, PA 19341-1145
Entity Owned
13-yr Hold
Free & Clear
Property ID
US73-2612159
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2014
Total area
48,152 SF
Lot
0.82 ac (35,589 SF)
Zoning code
PCID
APN
3304 00081300
UPID
US73-2612159
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
-
Downingtown Area Communities That Care Charitable Organization Social Service Agency
-
acac Fitness & Wellness Eagleview Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.08M
Owner & transaction history
On The Square LP Claremont · 13 yrs held
On The Square LP Claremont
since 2012
2 recorded transactions
Zoning & alternative use
PCID · Exton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.3M
+1.6%
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 Exton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Exton 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%
$8,700,000
6.5%
$8,035,000
7%
$7,460,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,140,000
Current use
OFFICE BUILDING
$9,290,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$6.08M
Range $5.47M – $6.69M · ±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
$126 / 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
$227,195
Tax year 2024
Assessed value
$6,637,500
Assessed 2024
Previous assessed
$6,637,500
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$63,010
Assessed improvement
$6,574,490
Land market value
$63,010
Improvement market value
$6,633,900
Total market value
$6,696,910
Applied tax rate
33.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Units
32
Total area
48,152 SF
Lot
0.82 ac (35,589 SF)
Zoning code
PCID
APN
3304 00081300
UPID
US73-2612159
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PCID · Exton, PAZoning PCID · permitted uses
PCID · Exton, PA
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.1M
OFFICE BUILDING
Est. value
$9.3M
APARTMENT HOUSE (5+ UNITS) Current
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
2014
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
32
Lot
0.82 ac
Current owner
From public records · entity-resolved
On The Square LP Claremont
Entity
Free & Clear · 13 yrs held
Mailing address
707 EAGLEVIEW BLVD, EXTON, PA 19341-1159
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2012
$64,230
On The Square LP Claremont
Hankin Ents Ltd
Grant Deed
—
—
—
Claremont On The Square LP
—
Deed Of Trust
related
$12,750,000 · Miscellaneous Ins Co
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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