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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office Spaces
835 Lincoln Ave A3 West Chester, PA 19380-4572
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-3063439
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 00080300
UPID
US73-3063439
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
-
Lighthouse Outdoor Lighting and Audio - Corporate Headquarters Landscaping
-
SCI PowerTech Industrial Manufacturer Production Facility
-
Nightscaping (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Safe Circuits, Inc Industrial Manufacturer Production Facility
-
Aunt Mamie's Italian Specialties Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$510k
Owner & transaction history
Parker Rose Real Estate LLC · 10 yrs held
Parker Rose Real Estate LLC
since 2016
5 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
$415,000
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
$510k
Range $459k – $561k · ±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
$189 / 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
$4,978
Tax year 2024
Assessed value
$171,740
Assessed 2024
Previous assessed
$171,740
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$53,420
Assessed improvement
$118,320
Land market value
$53,420
Improvement market value
$118,320
Total market value
$171,740
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
Total area
2,700 SF
Lot
0.2 ac (8,903 SF)
Zoning code
I3
APN
5205 00080300
UPID
US73-3063439
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
Lot
0.2 ac
Current owner
From public records · entity-resolved
Parker Rose Real Estate LLC
Entity
Mailing address
835 LINCOLN AVE UNIT #2, WEST CHESTER, PA 19380-4572
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Feb 16, 2016
$297,000
Parker Rose Real Estate LLC
Lincoln Park Partners LLC
Grant Deed
related
$240,000 · Dnb First NA
Jul 24, 2008
—
Isayeff Rufo Casciato
Off,timothy
Grant Deed
related
—
Feb 17, 2006
—
Isayeff Rufo Casciato
Butler Oconner Mccormick Post
Grant Deed
related
—
—
—
Lincoln Park Partners LLC
—
Deed Of Trust
related
$300,000 · Bryn Mawr Tr
—
—
Lincoln Park Partners LLC
—
Deed Of Trust
related
$2,785,000 · Bryn Mawr Tr
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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