Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1235 Chester Pike, Unit 1 West Chester, PA 19382-5646

    • Commercial real estate
    • 2,036 SF
    • 0.85 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2068100
    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.

    Current Use by Public Records

    • Nationwide Insurance: David Gosselin / Insurance Agency
    • Maria Cuddy-Casey / Physician / Medical Clinic
    • Levan Bob / Insurance Agency

    Property Details for 1235 Chester Pike

    Year built
    1940
    Lot size
    0.85 lot acres
    Property size
    2,036 SF
    Zone code
    R3
    Property type
    Commercial real estate
    APN
    5206A00320000
    APU
    5206A00320000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5567
    Latitude
    39.9688
    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
    $8,813
    $200,490
    $103,530
    $304,020
    -
    $200,490
    $108,990
    $309,480

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      625 St Rd

      COMMERCIAL (GENERAL) • 1.00 Acre
      625 St Rd, West Chester, PA 19382-7414
      View Details
    • Value Estimation by Request
      14,840 SF

      704 Nields St

      Medical offices • 14,840 SF
      704 Nields St, West Chester, PA 19382
      View Details
    • Value Estimation
      $5,650,000
      25,124 SF

      929 High St

      COMMERCIAL (GENERAL) • 25,124 SF
      929 High St, West Chester, PA 19382-5466
      View Details
    • Value Estimation
      $835,000
      4,822 SF

      23 Church St

      COMMERCIAL (GENERAL) • 4,822 SF
      23 Church St, West Chester, PA 19382-3244
      View Details
    • Value Estimation
      $1,025,000
      6,605 SF

      26 Church St

      COMMERCIAL (GENERAL) • 6,605 SF
      26 Church St, West Chester, PA 19382-3249
      View Details
    • Value Estimation
      $665,000
      4,046 SF

      33 High St

      COMMERCIAL (GENERAL) • 4,046 SF
      33 High St, West Chester, PA 19382-3224
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,919 SF

      Flex Office Units For Sale

      Flex office units available, individually or combined, tractor trailer accessible.
      208 Carter Dr, West Chester, PA 19382
      View Details
    • $950,000
      16,800 SF

      Two-Story Office Building Near 202

      Two-story office building with convenient access to 202.
      1244 West Chester Pike, West Chester, PA 19382
      View Details
    • $2,400,000

      West Chester Pike Diner Opportunity

      Family-owned diner on 1.75 acres with high traffic.
      1147 W Chester Pike, West Chester, PA 19382
      View Details
    • $425,000
      2,128 SF

      Townhouse with Wooded Views

      Well-maintained townhouse with four levels, garage, and finished basement.
      1704 Stoneham Dr, West Chester, PA 19382
      View Details
    • $3,584,000
      25,600 SF

      West Chester Flex Building For Sale

      25,600 SF Flex Space, I-2 Zoning
      1109 Saunders Ct, West Chester, PA 19382
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      8,197 SF

      West Chester Retail/Industrial Space

      Prime West Chester location, 6,000 SF available.
      1301 Chester Pike, West Chester, PA 19382
      View Details
    • Contact for pricing
      160,970 SF

      Bradford Plaza: West Chester Retail

      West Chester retail space, ample parking.
      700 Downingtown Pike, West Chester, PA 19382
      View Details
    • $1,200 /Mo
      818 SF

      Downtown West Chester Office Suite

      818 SF office suite in downtown West Chester borough.
      18 Wilmont Mews, West Chester, PA 19382
      View Details
    • Contact for pricing
      2,750 SF

      Prime Office Space Available

      2,750 SF office space for rent with parking.
      350 E Market St, West Chester, PA 19382
      View Details
    • $13 SF/Yr
      3,000 SF

      Industrial Flex Space Available

      3,000 SF industrial flex space for rent.
      325 Westtown Rd, West Chester, PA 19382
      View Details
    • Contact for pricing
      1,561 SF

      Established Shopping Center Space

      Community shopping center space available for lease.
      929 S High St, West Chester, PA 19382
      View Details
    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.
    1235 Chester Pike, Unit 1
    West Chester, PA 19382-5646
    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.