Building Details

Year Built 1950

Listing Agency: CG Realty, LLC

Listed By: Joseph Anthony Jr Jr. · License #RS324750 Show Phone

Source: Burkhart

Added: Sep 18 Changed: Oct 25 Last Checked: Oct 7 at 5:07PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CG Realty, LLC

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Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$24,750

Cap Rate

4.13%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$495,000 $495.0K

Cap Rate 7%

$353,571 $353.6K

Cap Rate 9%

$275,000 $275.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,500 SF

Gross rent

$45.0K $18.00/SF

− Vacancy

−$5.4K −$2.16/SF

EGI

$39.6K $15.84/SF

− OpEx

−$14.9K −$5.94/SF

NOI

$24.8K $9.90/SF

Area

Delaware County, PA

Vacancy

12.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$495,000

Cap Rate 7%

$353,571

Cap Rate 9%

$275,000

Alternative Uses

Best Use

Mixed Use

$353.6K

$309.4K – $412.5K (±1% cap)

NOI $24,750 @ 7.0% cap · market cap 4.13%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$758.0K

$663.2K – $884.3K (±1% cap)

NOI $53,058 @ 7.0% cap · market cap 8.86%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

323

Businesses Nearby

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Demographics for 19061, PA

20,207

Population

8,381

Households

2.4

Avg Household Size

40

Median Age

21%

College-Educated

92%

High-School Grad

7.0 sq mi

ZIP Area

2,887

Density / Sq Mi

$77,249

Median Household Income

$46,055

Median Earnings

$1,215

Median Rent

$229,700

Median Home Value

Frequently Asked Questions

Where is this mixed-use property located?

The property is located at 3737 Chichester Upper Chichester, PA.

What is the asking price?

The asking price for this property is $599,000.