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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Office buildings
799 Gay St Phoenixville, PA 19460-4409
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0352647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
9,085 SF
Lot
0.51 ac (22,250 SF)
Zoning code
LC
APN
1513 07210000
UPID
US73-0352647
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
-
Cynthia A. Scarborough, CRNP Physician
-
Allegra Hayakawa Physician
-
Connaughton James F MD Physician
-
Jacqueline Walsh Physician
-
Dr. Scott Richard Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.53M
CAP Approach
CAP
$2.35M
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.35M
Owner & transaction history
Lemert Silverberg Cohen And Roitman · 3 yrs held
Lemert Silverberg Cohen And Roitman
since 2023
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
LC · Phoenixville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+39.1%
Auto repair, garage
$1.9M
+16.5%
Commercial (general)
$1.9M
+10.9%
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 Phoenixville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phoenixville 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
$2,630,000
ML approach
$2,530,000
CAP Approach
CAP Return
Estimation
6%
$2,540,000
6.5%
$2,345,000
7%
$2,175,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,665,000
Current use
RESTAURANT
$2,320,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,940,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,850,000
Change: +11% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,725,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±10% · vs last sale $2.20M (Apr 24 2023)
Last sale anchor
$2.20M
Apr 24 2023
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
$258 / 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
$39,948
Tax year 2024
Assessed value
$870,340
Assessed 2024
Previous assessed
$870,340
+0.0% YoY
Effective rate
4.59%
On assessed value
Assessed land
$88,040
Assessed improvement
$782,300
Land market value
$88,040
Improvement market value
$788,870
Total market value
$876,910
Applied tax rate
15.0000
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
1972
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
9,085 SF
Lot
0.51 ac (22,250 SF)
Zoning code
LC
APN
1513 07210000
UPID
US73-0352647
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LC · Phoenixville, PA
Zoning LC · permitted uses
LC · Phoenixville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Phoenixville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.7M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1972
Heating
HEAT PUMP
Cooling
Yes
Lot
0.51 ac
Current owner
From public records · entity-resolved
Lemert Silverberg Cohen And Roitman
Individual
Mailing address
799 GAY ST, PHOENIXVILLE, PA 19460-4409
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Apr 24, 2023
$2,201,960
Lemert Silverberg Cohen And Roitman
Michael R Lemert
Deed
$1,300,000 · Pnc Bank NA
Jul 17, 2001
—
Michael R Lemert
Lemert,michael R
Quit Claim Deed
related
—
—
—
Michael R Lemert
—
Deed Of Trust
related
$150,000 · Chase Manhattan Bank USA NA
—
—
Michael R Lemert
—
Deed Of Trust
related
$828,000 · Pnc Bank
—
—
Michael R Lemert
—
Deed Of Trust
related
$1,468,000 · Pnc 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.
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