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    Property profile & analytics

    971 Lancaster Ave Downingtown, PA 19335-5344

    • Apartment buildings
    • 130,816 SF
    • 3.07 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-2134870
    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

    • Ashbridge Manor / Retirement Community
    • Saji Simon / Podiatrist

    Property Details for 971 Lancaster Ave

    Year built
    1980
    Lot size
    3.07 lot acres
    Property size
    130,816 SF
    Zone code
    OC2
    Property type
    Apartment buildings
    APN
    4002 007101A0
    APU
    4002007101A0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Downingtown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.681
    Latitude
    40.0181
    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
    $201,820
    $966,000
    $4,741,750
    $5,707,750
    -
    $966,000
    $4,878,610
    $5,844,610

    Comparable in this City

    • Value Estimation
      $1,075,000
      30,240 SF

      238 Chestnut St, Unit A4

      APARTMENT HOUSE (5+ UNITS) • 30,240 SF
      238 Chestnut St, Downingtown, PA 19335-3063
      View Details
    • Value Estimation by Request
      6,916 SF

      178 Meadowlake Dr, Unit R

      APARTMENT HOUSE (5+ UNITS) • 6,916 SF
      178 Meadowlake Dr, Downingtown, PA 19335-2147
      View Details
    • Value Estimation by Request
      116,172 SF

      304 Brandywine Ave

      APARTMENT HOUSE (5+ UNITS) • 116,172 SF
      304 Brandywine Ave, Downingtown, PA 19335
      View Details
    • Value Estimation by Request
      91,714 SF

      1230 Cornerstone Blvd, Unit 151

      APARTMENT HOUSE (5+ UNITS) • 91,714 SF
      1230 Cornerstone Blvd, Downingtown, PA 19335-5355
      View Details
    • Value Estimation
      $720,000
      28,080 SF

      2 Gable Ave, Unit 2A

      APARTMENT HOUSE (5+ UNITS) • 28,080 SF
      2 Gable Ave, Downingtown, PA 19335-2482
      View Details
    • Value Estimation by Request
      56,670 SF

      120 Plz Dr, Unit 7

      APARTMENT HOUSE (5+ UNITS) • 56,670 SF
      120 Plz Dr, Downingtown, PA 19335-3305
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $5,000 /Mo
      8,712 SF

      Downingtown Mixed-Use Property For Rent

      Mixed-use property in busy Downingtown district with residential and commercial spaces.
      516 E Lancaster Ave, Downingtown, PA 19335
      View Details
    • $3,000 /Mo
      2,808 SF

      Downingtown End-Unit Home For Rent

      Immaculate end-unit in Downingtown East School District, close to amenities.
      9 Adams Ln, Downingtown, PA 19335
      View Details
    • $192 SF/Yr
      109,546 SF

      Downingtown Retail Space Available

      Prime Retail Space, 1,575 SF Available
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    • Contact for pricing
      605,918 SF

      Brandywine Square Retail Center

      Downingtown, PA: Prime Retail Space Available
      0 Us-30, Downingtown, PA 19335
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    • Contact for pricing

      Prime Commercial Space For Lease

      Office, retail, or restaurant space available in Downingtown, PA.
      180 Park Rd, Downingtown, PA 19335
      View Details
    • Contact for pricing
      17,130 SF

      New Flex Space For Rent

      17,130 SF flex space under construction with signalized access.
      415 Brandywine Ave, Downingtown, PA 19335
      View Details

    Property Visit Statistics

    • Visits by month
      5.9k
    • Visitors by month
      1.9k
    • Avg Time on site
      559 min
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    971 Lancaster Ave
    Downingtown, PA 19335-5344
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    Realmo Value Estimation

    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.

    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.

    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
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