116 Market St West Chester, PA 19382-2916
Property profile & analytics
116 Market St, West Chester, PA 19382-2916
- Office buildings
- 20,568 SF
- 0.33 lot acres
Property ID
US73-0941062
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.
Location Intelligence
Current Use by Public Records
- ATM (Fulton Bank) / Atm
- Fulton Bank / Bank / Loan Service
Property Details for 116 Market St
- Year built
- 2006
- Lot size
- 0.33 lot acres
- Zone code
- TC
- Property type
- Office buildings
- APN
- 0109 02230000
- APU
- 10902230000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 6, 2023 | — | Wood Family Market Street LLC | Richard C Mercner & William Wood II | Deed | $822k · Fulton Bank NA |
| Jun 7, 2005 | — | Richard G Mercner | — | Deed Of Trust · related | $3.5M · Fulton Bank |
| — | — | Richard G Mercner | — | Deed Of Trust · related | $50k · Fulton Bank |
| — | — | Richard G|wood William S Mercner II | — | Deed Of Trust · related | $650k · Fulton Bk |
| — | — | Richard G Mercner | — | Deed Of Trust · related | $300k · Fulton Bank |
| — | — | Mercner,richard G | — | Loan Modification · related | $50k · Fulton Bk |
| — | — | Richard G Mercner | — | Deed Of Trust · related | $3.5M · Fulton Bank |
| — | — | Richard G Mercner | — | Deed Of Trust · related | $50k · First National Bank Chester |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,750,000
- 6.5%
- $5,305,000
- 7%
- $4,925,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,615,000
Market price range: $1.37M - $4.62M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,840,000 Current use
- AUTO REPAIR, GARAGE
- $6,860,000 Change: +17% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $5,715,000 Change: -2% Conversion: Easy
- RESTAURANT
- $5,585,000 Change: -4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Chester
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.606
- Latitude
- 39.9585
- 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
$83,500
$102,930
$2,277,510
$2,380,440
-
$102,930
$2,285,650
$2,388,580