Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Industrial properties
1251 Conestoga Rd Chester Springs, PA 19425-2040
Individually Owned
4-yr Hold
Property ID
US73-2407531
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2023
Construction
STONE
Total area
2,880 SF
Lot
5.2 ac (226,512 SF)
Zoning code
PRD
APN
3404 01210800
UPID
US73-2407531
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
Current use
Occupant on record · Public records
-
Valley Construction Construction Company General Contractor
-
Sycamore and Stone Farm Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$715k
Owner & transaction history
Jeffrey C Devlin · 4 yrs held
Jeffrey C Devlin
since 2021
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
PRD · Chester Springs, PA
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 Chester Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester Springs 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
$840,000
ML approach
$805,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$655,000
Current use
AUTO REPAIR, GARAGE
$615,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$535,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$715k
Range $665k – $720k · vs last sale $650k (Dec 23 2021)
Last sale anchor
$650k
Dec 23 2021
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
$248 / 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
$8,219
Tax year 2024
Assessed value
$235,440
Assessed 2024
Previous assessed
$216,120
+8.9% YoY
Effective rate
3.49%
On assessed value
Assessed land
$126,120
Assessed improvement
$109,320
Land market value
$126,120
Improvement market value
$156,490
Total market value
$282,610
Applied tax rate
34.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2023
Construction
STONE
Heating
HOT WATER
Stories
2
Rooms
8
Bathrooms
2
Total area
2,880 SF
Lot
5.2 ac (226,512 SF)
Zoning code
PRD
APN
3404 01210800
UPID
US73-2407531
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
PRD · Chester Springs, PA
Zoning PRD · permitted uses
PRD · Chester Springs, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chester Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$615,000
OFFICE BUILDING
Est. value
$535,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2023
Construction
STONE
Heating
HOT WATER
Stories
2
Rooms
8
Bathrooms
2
Lot
5.2 ac
Current owner
From public records · entity-resolved
Jeffrey C Devlin
Individual
Mailing address
1251 CONESTOGA RD, CHESTER SPRINGS, PA 19425-2040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2025
—
Jeffrey C Beviin
—
Deed
related
$880,000 · First Resource Bank
Oct 31, 2022
—
Jeffrey C Devlin
—
Deed
related
$100,000 · First Resource Bank
Dec 23, 2021
$650,000
Jeffrey C Devlin
Joseph P Cicala
Deed
$520,000 · Quontic Bank Fsb
Jun 28, 2018
—
Joseph P Cicala
—
Deed
related
$75,000 · Citizens Bank Of Pennsylvania
—
—
Joseph P Cicala
—
Deed Of Trust
related
$100,000 · First Union National Bank
—
—
Joseph P Cicala
—
Deed Of Trust
related
$150,000 · Citizens Bank Pennsylvania
—
—
Joseph P Cieala
—
Deed Of Trust
related
$365,000 · Everbank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1251 Conestoga Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
