Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1129 Ridley Ave Chester, PA 19013

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1129 Ridley Ave Chester, PA 19013

    View on Map
    • Warehouses
    • 793 SF
    • 0.23 lot acres
    For Sale
    $395,000
    View Listing →
    Turnkey Auto Body Shop For Sale
    $395,000
    3,800 SF

    Turnkey Auto Body Shop

    3,800 SF auto body shop with downdraft booth.

    1129 Ridley Ave, Chester, PA
    View Listing
    Property ID
    US73-1337177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tamco Garage LLC / Auto Repair Shop

    Property Details for 1129 Ridley Ave

    Year built
    2000
    Lot size
    0.23 lot acres
    Property size
    793 SF
    Property type
    Warehouses
    APN
    49-02-01374-92
    APU
    49020137492

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3492
    Latitude
    39.8621
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $793
    $21,770
    $7,300
    $29,070
    -
    $0.00
    $0.00
    $29,070

    Comparable in this City

    • Value Estimation by Request
      2,016 SF

      Concord Rd

      WAREHOUSE, STORAGE • 2,016 SF
      Concord Rd, Chester, PA 19013
      View Details
    • Value Estimation
      $1,135,000
      12,900 SF

      1600 Highland Ave

      WAREHOUSE, STORAGE • 12,900 SF
      1600 Highland Ave, Chester, PA 19013-1452
      View Details
    • Value Estimation by Request
      6,375 SF

      2210 Walnut St

      WAREHOUSE, STORAGE • 6,375 SF
      2210 Walnut St, Chester, PA 19013-5128
      View Details
    • Value Estimation by Request
      4,800 SF

      1500 3rd St

      WAREHOUSE, STORAGE • 4,800 SF
      1500 3rd St, Chester, PA 19013-3100
      View Details
    • Value Estimation
      $905,000
      10,295 SF

      1028 Morton Ave

      WAREHOUSE, STORAGE • 10,295 SF
      1028 Morton Ave, Chester, PA 19013-6329
      View Details
    • Value Estimation by Request
      7,000 SF

      5 9th St

      WAREHOUSE, STORAGE • 7,000 SF
      5 9th St, Chester, PA 19013-4213
      View Details

    Similar Nearby for Sale

    • $549,900
      7,680 SF

      CHESTER Warehouse on Corner Lot

      7,680 sq ft warehouse suitable for various business ventures.
      726-728 W 3Rd St, Chester, PA 19013
      View Details
    • Contact for pricing
      44,820 SF

      Prime Condition Warehouse in Chester

      Well-maintained warehouse with excellent access to major transportation routes.
      51 E 9Th St, Chester, PA 19013
      View Details
    • Contact for pricing
      0.08 Acres

      Chester Industrial Lot Lease

      Secure Outdoor Space, Flexible Lease
      409 Wilson St, Chester, PA 19013
      View Details
    • $400,000
      6,416 SF

      Chester Industrial Warehouse - Prime Location

      6,416 sq ft warehouse, excellent access to major arteries.
      1201-1203 9Th St, Chester, PA 19013
      View Details
    • Contact for pricing
      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
    • Contact for pricing
      55,000 SF

      Manufacturing Facility in Chester, PA

      55,000 SF chemical manufacturing facility on 2.89 acres.
      800 W Front St, Chester, PA 19013
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Chester Warehouse with Dock Loading

      Warehouse space with dock loading and private entrance available for rent.
      2525 W 3Rd St, Chester, PA 19013
      View Details
    • Contact for pricing
      105,000 SF

      Industrial Space Near I-95 Access

      105,000 SF industrial property with freezer and cold storage capability.
      3000 W 4Th St, Chester, PA 19013
      View Details
    • Contact for pricing

      Secured Commercial/Industrial Lot for Lease

      Versatile 6000 SF secured lot, ideal for storage/operations.
      409-411 Wilson St, Chester, PA 19013
      View Details
    • Contact for pricing

      Spacious Garage for Storage

      Garage with space for vehicles and other storage needs.
      336 W 9Th St, Chester, PA 19013
      View Details
    • Contact for pricing

      Retail Space Available

      Former clothing store space available for rent.
      609 Avenue Of The States, Chester, PA 19013
      View Details
    • Contact for pricing
      1,125 SF

      Retail/Office Space on PA-352

      Retail/office space with high traffic and dense population.
      2521-2525 Edgmont Ave, Chester, PA 19013
      View Details
    View Listing
    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.
    1129 Ridley Ave
    Chester, PA 19013
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!