Technical
Financial
Distress signals
Property profile

128 State St Kennett Square, PA 19348

OFF-MARKET
Office buildings
Property ID
US73-1501561
64,946 SF 0.18 ac lot Built 2007
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 64,946 SF
Lot 0.18 ac (7,937 SF)
Zoning code C1
APN 0303 01270000
UPID US73-1501561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

128 State St Kennett Square, PA 19348-3172
Kennett Square metro Census 303402 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$16.76M
Comparable Approach Comparable
$12.65M
Blend (final) Blend
$12.31M

Owner & transaction history

since 2006
6 recorded transactions
2018
Price N/A
2018
Price N/A
2018
Price N/A
2006
Price N/A
2006
Price N/A
2004
$615,000

Zoning & alternative use

C1 · Kennett Square, PA
Top alternative use upside
Restaurant $19.8M +102.2%
Commercial (general) $14.8M +51.3%
Auto repair, garage $13.9M +41.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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