38 LancasterDowningtown, PA 19335

  • Office properties
  • 1,027 SF
Off market
$2,277,000 Estimated

Property Details for 38 Lancaster

Year built
1900
Lot size
0.23 AC
Property size (Sq ft)
1,027 SF
Zone code
C1
Property type
Office properties
Property subtype
Office buildings
APN
1108 00390000
APU
110800390000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $283,385
    6.5%
    $261,586
    7%
    $242,902
  • Comparable approach

    Method
    Valuation
    Relative Method
    $140,895
    Geo Method
    $134,188
  • Alternative Use

    Use
    Valuation
    Residential
    $324,367
    Hospitality
    $297,119
    Educational
    $247,199
    Medical
    $255,701
    Retail
    $384,532
38 Lancaster, Downingtown, Pennsylvania

Location Insight

City
Downingtown
County
Chester
State
Pennsylvania
Latitude
40.0046
Longitude
-75.706
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
$3,253
$43,780
$34,120
$77,900
-
$43,780
$39,370
$83,150

FAQs

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