181 MARSH HILL RD
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Location
181 MARSH HILL RD
Mblu
15/ 1/ 1/ /
Acct#
296810
Owner
EXETER 181 MARSH HILL LP
Assessment
$8,469,500
Appraisal
$12,099,300
PID
635
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$10,382,700$1,716,600$12,099,300
Assessment
Valuation YearImprovementsLandTotal
2023$7,267,800$1,201,700$8,469,500

Owner of Record
OwnerEXETER 181 MARSH HILL LP
Co-Owner
Address101 WEST ELM ST SUITE 600
CONSHOHOCKEN, PA 19428
Sale Price$16,050,000
Certificate
Book & Page 0702/0883
Sale Date03/25/2021
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
EXETER 181 MARSH HILL LP$16,050,000 0702/08832503/25/2021
BENEROFE ORANGE LLC & DP63 LLC$11,100,000 0653/08330012/15/2015
LSREF4 REBOUND LLC$9,744,531 0648/07442506/05/2015
BLUE DOG PROPERTIES TRUST (REIT)$10,647,515 0555/01230010/27/2006
WE 181 MARSH HILL LLC$5,500,000 0486/06772502/18/2003

Building Information
Building 1 : Section 1
Year Built: 1992
Living Area: 152,908
Replacement Cost
Less Depreciation:

$7,630,000
Building Attributes
FieldDescription
StyleWarehouse
ModelInd/Comm
GradeC+
Stories1
Occupancy3.00
Exterior Wall 1Metal
Exterior Wall 2Brick/Masonry
Roof StructureFlat Stl Truss
Roof CoverBU Comp
Interior Wall 1Paint
Interior Wall 2 
Interior Floor 1Concrete
Interior Floor 2 
Heating FuelGas
HVACForce Air Unit
CeilingsSusp Accous
PartitionsTypical
Bldg UseIndustrial
Full Baths0
Half Baths0
Total Fixtures10
% Sprinkler100
Elevator0
1st Floor Use 
BasementSlab
FoundationConcrete
Park Spaces100
Frame TypeReinf Concrete
Footprint 
Wall Height30.00
Bldg Adj1.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 152,908 152,908
CANCanopy 3,504 0
SLBSlab 152,908 0
   309,320 152,908
Building 2 : Section 1
Year Built: 1992
Living Area: 11,539
Replacement Cost
Less Depreciation:

$2,086,200
Building Attributes : Bldg 2 of 2
FieldDescription
StyleOffice
ModelInd/Comm
GradeC+
Stories1
Occupancy1.00
Exterior Wall 1Precast Cncrt
Exterior Wall 2Glass
Roof StructureFlat Stl Truss
Roof CoverBU Comp
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
HVACWarm/Cool Air
CeilingsSusp Accous
PartitionsTypical
Bldg UseIndustrial
Full Baths 
Half Baths 
Total Fixtures20
% Sprinkler100
Elevator0
1st Floor Use 
BasementSlab
FoundationConcrete
Park Spaces 
Frame TypeReinf Concrete
Footprint 
Wall Height16.00
Bldg Adj1.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 11,539 11,539
SLBSlab 11,539 0
   23,078 11,539

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet11539.00 UNITS$7,3002
CLR1Cooler30000.00 UNITS$474,0001
SPR1Sprinklers-Wet152908.00 UNITS$96,6001

Land
Land Use
Use Code301
DescriptionIndustrial  
ZoneLI-2
NeighborhoodC20
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)15.1
Frontage
Depth
Assessed Value$1,201,700
Appraised Value$1,716,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Concrete Paving  100000.00 UNITS$75,0001
LT1Lights  20.00 UNITS$12,3001
LT2Double Light  2.00 UNITS$1,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$10,382,700$1,716,600$12,099,300
2023$10,382,700$1,716,600$12,099,300
2022$8,752,200$1,716,600$10,468,800

Assessment
Valuation YearImprovementsLandTotal
2024$7,267,800$1,201,700$8,469,500
2023$7,267,800$1,201,700$8,469,500
2022$6,126,600$1,201,700$7,328,300

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