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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Flex space
1018 Saunders Ln West Chester, PA 19380-4218
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-1825455
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1973
Total area
22,914 SF
Lot
3.3 ac (143,748 SF)
Zoning code
R3
APN
5203 00900100
UPID
US73-1825455
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ross Landscape & Paving Services, Inc. Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Saunders Lane Indl Center INC
Saunders Lane Indl Center INC
7 recorded transactions
Zoning & alternative use
R3 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$69 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,001
Tax year 2024
Assessed value
$690,000
Assessed 2024
Previous assessed
$690,000
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$247,500
Assessed improvement
$442,500
Land market value
$247,500
Improvement market value
$442,500
Total market value
$690,000
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1973
Heating
FORCED AIR
Cooling
NONE
Total area
22,914 SF
Lot
3.3 ac (143,748 SF)
Zoning code
R3
APN
5203 00900100
UPID
US73-1825455
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · West Chester, PA
Zoning R3 · permitted uses
R3 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Cooling
Yes
Lot
3.3 ac
Current owner
From public records · entity-resolved
Saunders Lane Indl Center INC
Entity
Mailing address
1311 ASHBRIDGE RD, WEST CHESTER, PA 19380-3955
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$800,000 · First Resource Bank
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$100,000 · Joseph A Surrichio
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$100,000 · Amedeo Morrone
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$1,220,000 · First Resource Bank
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$125,000 · First Resource Bank
—
—
Saunders Lane Industrial
—
Deed Of Trust
related
$170,253 · Sovereign Bank
—
—
Lane Industrial Cent Saunders
—
Deed Of Trust
related
$244,847 · Sovereign Bank
—
—
Saundra Lane Industrial Center
—
Deed Of Trust
related
$40,000 · Sovereign Bank
—
—
Saunders Lane Industrial Cente
—
Deed Of Trust
related
$50,000 · Sovereign Bank
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$100,000 · Joseph Surrichio
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$100,000 · Amedeo Marrone
—
—
Saunders Lane Indl Center INC
—
Deed Of Trust
related
$1,120,000 · First Resource Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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