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Property profile & analytics
OFF-MARKET
Warehouses
124 Chestnut St Bechtelsville, PA 19505
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5013369
Property summary
AI-generated overview
This unique Bechtelsville, PA property, located at 124 & 114 E Chestnut St (APN: 26-5398-09-15-2187), offers 20,000 square feet across multiple buildings on a 0.86-acre lot. The main building comprises a three-story, 48' x 48' feed mill and a two-story, 48' x 50' section with former store, office, and storage areas. A detached warehouse/garage (38' x 48.5') includes a 1.5-story (24' x 48.5') and a single-story (14' x 48.5') section. Additional structures include metal and frame rail buildings totaling approximately 153' x 16'. Ceiling heights vary; 8' in the former store and office areas, and 12' in the mill and warehouse areas. The property features 15 parking spaces and is zoned R-2 (non-conforming). Renovations were completed in 1922 and 1967. The asking price is $495,000. Occupancy is available March 1, 2023. This versatile property, formerly a feed mill and farm store, presents significant potential for adaptive reuse. The property's history dates back to 1850.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Total area
4,800 SF
Lot
0.86 ac (37,462 SF)
APN
5398-09-15-2187
UPID
US73-5013369
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Irontrap Collective LLC · 1 yrs held
Irontrap Collective LLC
since 2025
1 recorded transaction
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 Bechtelsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bechtelsville 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)
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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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,497
Tax year 2024
Assessed value
$170,500
Assessed 2024
Previous assessed
$170,500
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$59,200
Assessed improvement
$111,300
Land market value
$59,200
Improvement market value
$111,300
Total market value
$170,500
Applied tax rate
26.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Buildings
2
Total area
4,800 SF
Lot
0.86 ac (37,462 SF)
APN
5398-09-15-2187
UPID
US73-5013369
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Buildings
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Irontrap Collective LLC
Entity
Mailing address
114 E CHESTNUT ST, BECHTELSVILLE, PA 19505-9777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
$300,000
Irontrap Collective LLC
Borneman Land Holdings LLC
Deed
$250,000 · Borneman Land Holdings LLC A Pennsylvani
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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