Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chester Mixed-Use Property For Sale Title is generated by Realmo AI

    502 W 10TH, Chester, PA 19013

    View on Map
    Claim this Listing
    New
    Picture of Mixed-use properties at 502 W 10TH, Chester, PA
    For Sale
    $183,000

    MULTI_FAMILY - Other - CHESTER, PA

    Property size:
    1,192 SF
    Lot size:
    115.00 Acres
    Price / SF:
    $153/SF
    Added:
    May 30, 2026
    Days on Market:
    2
    Last Refresh:
    May 31 at 1:06 am

    Property Features for 502 W 10TH

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Size
    1,192 SF
    Lot size
    115.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1087

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Yusuf Sharif

    Listing agent Yusuf Sharif

    Listing office RE/MAX Ace Realty 4333 W Lincoln Highway, Downingtown, PA

    Listing date May 30, 2026

    MLS# PADE2116468 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick construction for lasting quality.
    • Hot water heating system.
    • Built in 1930.
    • Located at -75.37023, 39.85028.

    Overview

    This mixed-use property, located in Chester, Pennsylvania, offers a total area of 1,192 square feet on a 115-acre lot. The property is suitable for various purposes, including multifamily and residential income opportunities. It is located in Delaware County.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $21.5k $18.00
    − Vacancy −$2.8k −$2.34
    EGI $18.7k $15.66
    − OpEx −$5.6k −$4.70
    NOI $13.1k $10.96
    1,192 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $186.6K
    $163.3K – $217.8K (±1% cap)
    NOI $13,065 @ 7.0% cap · market cap 7.14%
    Second Best
    Apartment 5plus
    $170.7K
    $149.4K – $199.2K (±1% cap)
    NOI $11,949 @ 7.0% cap · market cap 6.53%
    Theoretical Best
    Office A
    $361.4K
    $316.2K – $421.6K (±1% cap)
    NOI $25,298 @ 7.0% cap · market cap 13.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.37023
    Latitude
    39.85028

    Nearby Similar for Sale

    • $359,900
      5,859 SF

      Chester Redevelopment Opportunity: 12-Unit Building

      Redevelopment opportunity: 12-unit apartment building in shell condition.
      1113-1115 UPLAND Street, CHESTER, PA 19013
      View Details
    • $539,900
      7,680 SF

      Spacious Warehouse on Corner Lot

      7,680 sq ft warehouse suitable for various business ventures.
      726-728 W 3RD STREET, CHESTER, PA 19013
      View Details
    • $250,000
      1,764 SF

      Chester Multifamily Investment Opportunity

      Three-unit property in Chester, PA, ideal for renovation and rental.
      1300 TOWNSEND Street, CHESTER, PA 19013
      View Details
    • $155,000
      1,280 SF

      Chester Income Property Opportunity

      Investment property in Chester, PA, with renovation potential.
      2118 W 9TH Street, CHESTER, PA 19013
      View Details
    • $165,000
      1,624 SF

      Chester Investment Opportunity

      Rental property in Chester, PA for investors and contractors.
      916 POTTER Street, CHESTER, PA 19013
      View Details
    • $790,000
      3,150 SF

      Commercial Property in Chester, PA

      Commercial property available for sale in Chester, Pennsylvania.
      816 W 2nd St, Chester, PA 19013
      View Details
    • $380,000
      2,128 SF

      Chester Multi-Unit Investment Opportunity

      Multi-unit property in Chester, PA with income potential.
      2124 West 3rd Street, Chester, PA 19013
      View Details
    • $1,741,000
      13,200 SF

      Two Chester Retail Properties For Sale

      Two single-tenant properties in Chester, Pennsylvania, near Philadelphia.
      2240 Edgmont Ave, Chester, PA 19013
      View Details
    • $359,900
      5,859 SF

      Chester Redevelopment Opportunity

      12-unit apartment building in shell condition, ready for transformation.
      1113 Upland Street, Chester, PA 19013
      View Details
    • $2,420,000
      22,722 SF

      Sproul Street Commercial Building

      22,722 SF commercial building with drive-thru and high visibility.
      805 Sproul St, Chester, PA
      View Details
    • $279,900
      3,589 SF

      Versatile Flex Space in Chester

      Adaptable commercial space suitable for retail, service, and light industrial.
      1115 Melrose Ave, Chester, PA 19013
      View Details
    • $250,000
      1,764 SF

      Chester Income Property Opportunity

      Three-unit property in Chester for renovation and rental income.
      1300 Townsend Street, Chester, PA 19013
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Chester, PA, featuring residential and commercial spaces.
    Where is this mixed-use property located?
    The property is located at 502 W 10TH Chester, PA.
    What is the asking price?
    The asking price for this property is $183,000.
    What are key features of this property?
    This property features: Brick construction for lasting quality.; Hot water heating system.; Built in 1930.
    (835) 220-4600
    We can help!
    Listing Contact
    Yusuf Sharif
    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.
    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

    Thank You for Inquiry
    502 W 10TH, CHESTER, PA 19013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!