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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Office buildings
117 Wilmington W Chester Pike Chadds Ford, PA 19317
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1100717
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1850
Total area
5,165 SF
Lot
0.22 ac (9,714 SF)
APN
04-00-00321-02
UPID
US73-1100717
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
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$850k
Owner & transaction history
Shagbark Properties 2 LLC · 3 yrs held
Shagbark Properties 2 LLC
since 2023
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
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 Chadds Ford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chadds Ford 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
Method
Estimation
Statistic approach
$865,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$630,000
Current use
AUTO REPAIR, GARAGE
$615,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Jan 31 2023)
Last sale anchor
$850k
Jan 31 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / 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
$9,762
Tax year 2024
Assessed value
$476,320
Assessed 2024
Previous assessed
$476,320
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$262,650
Assessed improvement
$213,670
Total market value
$476,320
Applied tax rate
413.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1850
Heating
NONE
Cooling
NONE
Stories
3
Total area
5,165 SF
Lot
0.22 ac (9,714 SF)
APN
04-00-00321-02
UPID
US73-1100717
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$615,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1850
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Shagbark Properties 2 LLC
Entity
Mailing address
PO BOX 936, CONCORDVILLE, PA 19331-0936
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Shagbark Properties 2 LLC
—
Deed
related
$240,000 · Iron Workers Bank
Jan 31, 2023
$850,000
Shagbark Properties 2 LLC
John J Laskas JR
Deed
$680,000 · Iron Workers Bank
Sep 21, 2022
—
John J Laskas JR
—
Deed
related
$150,000 · Iron Workers Bank
Sep 11, 2019
—
John Laskas JR
—
Deed
related
$250,000 · Iron Wkrs Svgs Bk
Aug 14, 2000
—
John J Laskas
Spe Laskas LLC
Quit Claim Deed
related
—
Mar 1, 2000
$165,000
Spe Laskas LLC
Kassab,florence B
Grant Deed
—
—
—
John Laskas JR
—
Loan Modification
related
$250,000 · Iron Wkrs Svgs Bk
—
—
John J Laskas JR.
—
Deed Of Trust
related
$580,000 · Dnb First NA
—
—
John J Laskas JR.
—
Deed Of Trust
related
$175,000 · Dnb First NA
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.
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