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Property profile

116 State St Kennett Square, PA 19348

OFF-MARKET
Turn key restaurants
Property ID
US73-2493769
3,976 SF 0.09 ac lot Built 1900
Last sale Mar 2026 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$112k
Assessed land$33k
Assessed improvement$79k
Effective rate4.87%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 30 qualifying comparable sales.

Recently sold

What actually traded nearby?
$305/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$172 – $460
Qualifying comparables30

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?
C2
JurisdictionCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Locksmith8.8
Storage Facility8.6

Location

116 State St Kennett Square, PA 19348-3021
County assessor Recorded deeds · 3 transfers 30 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 State, Kennett Square, PA 19348-3110 $1,350,000 Nov 2024 4,746 SF
100 State, Kennett Square, PA 19348-3021 $1,400,000 Oct 2023 3,480 SF
113 Un, Kennett Square, PA 19348-3117 $495,000 Sep 2022 4,996 SF
132 State, Kennett Square, PA 19348-3035 $1,050,000 Apr 2022 4,797 SF
639 Millers, Kennett Square, PA 19348-2431 $600,000 Jan 2021 4,500 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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