Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    828 Lincoln Ave West Chester, PA 19380

    • Commercial real estate
    • 3.30 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0393418
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 828 Lincoln Ave

    Lot size
    3.30 lot acres
    Zone code
    I3
    Property type
    Commercial real estate
    APN
    5205 00370000
    APU
    520500370000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5907
    Latitude
    39.9717
    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
    $3,506
    $99,000
    $21,950
    $120,950
    -
    $99,000
    $43,900
    $142,900

    Comparable in this City

    • Value Estimation by Request
      0.05 Acres

      599 Copeland School Rd

      COMMERCIAL (GENERAL) • 0.05 Acres
      599 Copeland School Rd, West Chester, PA 19380
      View Details
    • Value Estimation by Request
      0.08 Acres

      123 Gay St

      COMMERCIAL (GENERAL) • 0.08 Acres
      123 Gay St, West Chester, PA 19380-3108
      View Details
    • Value Estimation by Request
      0.05 Acres

      120 Pennsylvania Ave

      COMMERCIAL (GENERAL) • 0.05 Acres
      120 Pennsylvania Ave, West Chester, PA 19380
      View Details
    • Value Estimation by Request
      0.14 Acres

      120 Pennsylvania Ave

      COMMERCIAL (GENERAL) • 0.14 Acres
      120 Pennsylvania Ave, West Chester, PA 19380
      View Details
    • Value Estimation
      $15,880,000
      4.00 Acres

      1373 Enterprise Dr

      COMMERCIAL (GENERAL) • 4.00 Acres
      1373 Enterprise Dr, West Chester, PA 19380-5959
      View Details
    • Value Estimation by Request
      0.06 Acres

      1602 Paoli Pike

      COMMERCIAL (GENERAL) • 0.06 Acres
      1602 Paoli Pike, West Chester, PA 19380
      View Details

    Similar Nearby for Sale

    • $9,900,000
      25,000 SF

      Hershey's Mill Golf Club Sale

      18-Hole Private Golf Course, PA
      401 Chandler Dr, West Chester, PA 19380
      View Details
    • Contact for pricing
      13,500 SF

      West Chester Flex/Industrial Space

      Renovated flex/industrial space with high ceilings and convenient access.
      1247 Ward Ave, West Chester, PA 19380
      View Details
    • Contact for pricing
      11,153 SF

      High-Visibility Commercial Property on Phoenixville

      Commercial property at high-traffic intersection, suitable for owner or investor.
      1301 Phoenixville Pike, West Chester, PA 19380
      View Details
    • $1,400,000
      11,546 SF

      West Chester Flex Space Available

      11,546 SF flex space with ample parking.
      323 S Matlack St, West Chester, PA 19380
      View Details
    • $730,000

      West Chester Commercial Property For Sale

      Two-story commercial building in the heart of West Chester, Pennsylvania.
      236 E Gay St, West Chester, PA 19380
      View Details
    • $3,584,000
      25,600 SF

      West Chester Flex Industrial Building

      Multi-tenanted flex industrial building with office space and warehouse.
      1109 Saunders Ct, West Chester, PA 19380
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      15,000 SF

      West Chester Medical/Creative Office

      909 SF Office Space Available Now
      709 Gay St, West Chester, PA 19380
      View Details
    • Contact for pricing
      1,436 SF

      Retail Space in Hershey Mill

      Retail space available in Giant anchored shopping center.
      1389 East Boot Rd, West Chester, PA 19380
      View Details
    • Contact for pricing
      12,000 SF

      West Chester Office Space Available

      12000 SF office space for rent in West Chester.
      121 N Walnut St, West Chester, PA 19380
      View Details
    • $1,825 /Mo

      Apartment for Rent

      Apartment available for rent.
      29 E Gay St, West Chester, PA 19380
      View Details
    • Contact for pricing
      295,000 SF

      West Goshen Shopping Center - Retail Space

      Prime Chester County Retail Space Available
      909 Paoli Pike, West Chester, PA 19380
      View Details
    • Contact for pricing
      650 SF

      Chestnut Street Executive Office

      Historic Charm, Modern Amenities
      127 Chestnut St, West Chester, PA 19380
      View Details

    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      625
    • Avg Time on site
      32 min
    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.
    828 Lincoln Ave
    West Chester, PA 19380
    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

    Google sign-in failed. Please try again or use another login method.