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Property profile & analytics
OFF-MARKET
Estimated value
$4,265,000
Office buildings
797 Lancaster Ave P Downingtown, PA 19335-3315
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-1193857
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Total area
28,248 SF
Lot
4.5 ac (196,020 SF)
Zoning code
OC1
APN
4002 00810300
UPID
US73-1193857
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
-
chestercountyfibroreliefdoc.com | Medical Clinic
-
Chester County Insomnia Help Alternative Medicine Practice
-
Easter Seals Social Service Agency Charitable Organization
-
thyroid symptoms Medical Clinic
-
Chester County Migraine Relief Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.57M
Blend (final)
Blend
$4.27M
Owner & transaction history
Caln East Commercial · 14 yrs held
Caln East Commercial
since 2012
7 recorded transactions
Zoning & alternative use
OC1 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.0M
+14.9%
Apartment house (5+ units)
$5.4M
+2.1%
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 Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown 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
$5,250,000
Current use
AUTO REPAIR, GARAGE
$6,035,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,360,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$4.27M
Range $3.84M – $4.69M · ±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
$151 / 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
$64,439
Tax year 2024
Assessed value
$1,822,430
Assessed 2024
Previous assessed
$1,822,430
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$504,800
Assessed improvement
$1,317,630
Land market value
$504,800
Improvement market value
$1,345,570
Total market value
$1,850,370
Applied tax rate
40.0000
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
1980
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
23
Total area
28,248 SF
Lot
4.5 ac (196,020 SF)
Zoning code
OC1
APN
4002 00810300
UPID
US73-1193857
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
OC1 · Downingtown, PA
Zoning OC1 · permitted uses
OC1 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Downingtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1980
Heating
HEAT PUMP
Cooling
Yes
Buildings
23
Lot
4.5 ac
Current owner
From public records · entity-resolved
Caln East Commercial
Individual
Mailing address
797 E LANCASTER AVE STE #17, DOWNINGTOWN, PA 19335-3315
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2012
—
Caln East Commercial
Central & Wstn Chester Cnty In
Grant Deed
—
—
—
Caln East Commercial
—
Deed Of Trust
related
$150,000 · Victory Bank
—
—
Caln East Commercial
—
Deed Of Trust
related
$750,000 · Victory Bk
—
—
Caln East Commercial
—
Deed Of Trust
related
$600,000 · Susquehanna Bk
—
—
Caln East Commercial
—
Deed Of Trust
related
$1,800,000 · Sun Life Assurance Co
—
—
Caln East Commercial
—
Deed Of Trust
related
$860,000 · First National Bank Chester
—
—
Caln East Commercial
—
Deed Of Trust
related
$135,000 · Victory Bank
—
—
Caln East Commercial
—
Deed Of Trust
related
$1,600,000 · Sun Life Assurance Co Canada
—
—
Caln East Commercial
—
Deed Of Trust
related
$2,400,000 · Miscellaneous Ins Co
—
—
Caln East Commercial
—
Deed Of Trust
related
$660,000 · First National Bank Chester
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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