Financial
Distress signals
Property profile

124 Market St West Chester, PA 19382

OFF-MARKET
Other apartment buildings
Property ID
US73-1470833
151,002 SF 0.74 ac lot Built 2015
Last sale Oct 2019 · $29,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant space in West Chester, Pennsylvania, configured for a Bonchon Chicken franchise concept. The premises include a 1,900-square-foot interior area with a fully equipped kitchen intended to support consistent food preparation. The site is located in a high foot-traffic area with prominent visibility. The listing indicates that the franchise business and the operational real estate/building are treated as separate from any real estate ownership, suggesting the space is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$306k
Tax billed · 2024
Assessed value$8.73M
Assessed land$159k
Assessed improvement$8.57M
Effective rate3.51%

Value estimate

· Sep 2026
$21.70M
$19.53M – $23.87M
CAP approach$25.19M
Submarket $/SF estimate$22.55M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$92 – $343

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TC
This district is designed to support uses suitable for the Central Business District, particularly retail, while preserving the historic ...
General categoryCOMMERCIAL
JurisdictionCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.9
Shoe Repair8.8
Dry Cleaner8.4

Location

124 Market St West Chester, PA 19382-3146
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
241 Rosedale, West Chester, PA 19382-3767 $2,300,000 Sep 2024 3,800 SF
639 Un Stb, West Chester, PA 19382-3495 $7,300,000 Aug 2022 32,000 SF
214 Bolmar St, West Chester, PA 19382-3492 $4,500,000 Aug 2022 16,000 SF
956 Matlack, West Chester, PA 19382-7540 $65,000,000 Dec 2021 236,710 SF
890 Matlack, West Chester, PA 19382-4571 $62,106,720 Nov 2021 288,756 SF
30 Barnard, West Chester, PA 19382-1000 $6,522,686 Dec 2020 90,086 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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