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Property profile & analytics
FOR SALE
Turn key restaurants
107 W State St Kennett Square, PA 19348
Entity Owned
21-yr Hold
Free & Clear
Property ID
US73-0081321
For Sale
1 / 52
$625,000
107 W State St, Kennett Square, PA 19348
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1900
Total area
2,793 SF
Lot
0.03 ac (1,507 SF)
Zoning code
C2
APN
0302 02030000
UPID
US73-0081321
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
M-cubed Realty LLC · 21 yrs held
M-cubed Realty LLC
since 2005
5 recorded transactions
Zoning & alternative use
C2 · Kennett Square, 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 Kennett Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennett Square 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
—
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
$4,215
Tax year 2024
Assessed value
$86,500
Assessed 2024
Previous assessed
$86,500
+0.0% YoY
Effective rate
4.87%
On assessed value
Assessed land
$28,890
Assessed improvement
$57,610
Land market value
$28,890
Improvement market value
$57,610
Total market value
$86,500
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1900
Heating
HOT WATER
Cooling
NONE
Buildings
2
Total area
2,793 SF
Lot
0.03 ac (1,507 SF)
Zoning code
C2
APN
0302 02030000
UPID
US73-0081321
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Kennett Square, PA
Zoning C2 · permitted uses
C2 · Kennett Square, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennett Square. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Buildings
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
M-cubed Realty LLC
Entity
Free & Clear · 21 yrs held
Mailing address
52 WHEATSHEAF LN, COCHRANVILLE, PA 19330-1413
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
M-cubed Realty LLC
—
Deed
related
$150,000 · National Bk/malvern
Jan 24, 2005
$258,000
M-cubed Realty LLC
Outsiders INC
Grant Deed
—
Jun 16, 1998
$120,000
Outsiders INC
Johnston,karl L & Patricia L
Grant Deed
—
—
—
Outsiders INC
—
Deed Of Trust
related
$128,000 · Wilmington Savings Fund Societ
—
—
M-cubed Realty LLC
—
Deed Of Trust
related
$150,000 · National Bk/malvern
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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