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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office Spaces
827 Lincoln Ave West Chester, PA 19380-4472
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-1932835
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
2,700 SF
Lot
0.2 ac (8,903 SF)
Zoning code
I3
APN
5205 00082900
UPID
US73-1932835
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
-
Apogee Industries Inc. Industrial Manufacturer Production Facility
-
Miller Flooring Company Construction Company General Contractor
-
Northwest Electrical Services LLC Electrical Service General Contractor
-
Athletic Performance Academy - Youth Sports Training Training Center
-
Hurley 2 0 Property Maintenance Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$505k
Owner & transaction history
Dutch Grown Real Estate LLC · 2 yrs held
Dutch Grown Real Estate LLC
since 2023
7 recorded transactions
Zoning & alternative use
I3 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$805,000
+37.9%
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 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
by Request
ML approach
$410,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$585,000
Current use
COMMERCIAL (GENERAL)
$805,000
Change: +38% · Conversion: Easy
WAREHOUSE, STORAGE
$480,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$187 / 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
$4,851
Tax year 2024
Assessed value
$167,360
Assessed 2024
Previous assessed
$167,360
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$53,420
Assessed improvement
$113,940
Land market value
$53,420
Improvement market value
$113,940
Total market value
$167,360
Applied tax rate
52.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Buildings
2
Total area
2,700 SF
Lot
0.2 ac (8,903 SF)
Zoning code
I3
APN
5205 00082900
UPID
US73-1932835
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I3 · West Chester, PA
Zoning I3 · permitted uses
I3 · 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
$585,000
COMMERCIAL (GENERAL)
Est. value
$805,000
WAREHOUSE, STORAGE
Est. value
$480,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
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
2007
Heating
YES
Cooling
Yes
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Dutch Grown Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
827 LINCOLN AVEB15, WEST CHESTER, PA 19380-4472
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
4 Moses Properties LLC
—
Deed
related
$150,000 · Linkbank
Dec 5, 2023
$477,437
Dutch Grown Real Estate LLC
Petrus B M Rotteveel
Deed
—
Dec 5, 2023
$526,171
Dutch Grown Real Estate LLC
Petrus B M Rotteveel
Deed
—
Aug 16, 2022
$375,000
Kmw2 Property Holdings LLC
Lincoln Park Partners LLC
Deed
$281,250 · Linkbank
Dec 16, 2020
—
Dalaine Property LLC
—
Deed
related
$634,683 · Linkbank
Nov 26, 2019
—
Bk & N Holdings LLC
—
Deed
related
$248,000 · Meridian Bk
Nov 20, 2019
$310,500
Bk & N Holdings LLC
Lincoln Park Partners LLC
Grant Deed
related
$304,000 · Meridian Bk
Mar 11, 2019
—
Petrus B Rotteveel
Rotteveel,petrus B & Bernardus J
Quitclaim Deed
related
—
Aug 17, 2018
$380,000
Bk&n Holdings LLC
Clean Flo Partners L P
Deed
$304,000 · Meridian Bank
Dec 27, 2017
—
B M Rotteveel Petrus
Rotteveel,petrus B M
Quitclaim Deed
related
—
Oct 18, 2017
—
B M Rotteveel Petrus
Lincoln Warehouse LLC
Quitclaim Deed
—
Jan 25, 2017
$307,000
Dalaine Property LLC
Lincoln Park Partners LLC
Deed
$225,000 · Santander Bk NA
May 13, 2016
—
Casciato Isayeff Rufo & Rufo LLC
—
Deed
related
$300,000 · Bryn Mawr Trust Co
May 21, 2007
$1,341,850
Lip B 15
Casciato Isayeff Rufo & Rufo L
Grant Deed
$1,000,000 · Standard Insurance 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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