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Property profile & analytics
OFF-MARKET
Estimated value
$9,480,000
Flex space
1373 Enterprise Dr West Chester, PA 19380-5959
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-1535461
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Total area
97,088 SF
Lot
10.6 ac (461,736 SF)
Zoning code
BP
APN
5304 01610000
UPID
US73-1535461
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
-
CTDI Global Headquarters Telecommunications Service
-
Foundation for Catholic Education Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.48M
Owner & transaction history
1373 Enterprise Drive LLC · 2 yrs held
1373 Enterprise Drive LLC
since 2024
6 recorded transactions
Zoning & alternative use
BP · West Chester, 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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,880,000
6.5%
$10,965,000
7%
$10,185,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,335,000
Current use
Blend value · Realmo final
$9.48M
Range $8.53M – $10.43M · ±10%
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
$98 / 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
$202,189
Tax year 2024
Assessed value
$7,035,740
Assessed 2024
Previous assessed
$7,035,740
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$854,500
Assessed improvement
$6,181,240
Land market value
$854,500
Improvement market value
$6,497,780
Total market value
$7,352,280
Applied tax rate
53.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
97,088 SF
Lot
10.6 ac (461,736 SF)
Zoning code
BP
APN
5304 01610000
UPID
US73-1535461
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
BP · West Chester, PA
Zoning BP · permitted uses
BP · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.3M
INDUSTRIAL (GENERAL) Current
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
1985
Heating
HEAT PUMP
Cooling
Yes
Lot
10.6 ac
Current owner
From public records · entity-resolved
1373 Enterprise Drive LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1373 ENTERPRISE DR, WEST CHESTER, PA 19380-5959
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
1373 Enterprise Drive LLC
Communications Test Design INC
Deed
—
Dec 23, 2019
—
Communications Test Design INC
—
Loan Modification
related
$225,000,000 · Citizens Bk NA
Dec 27, 2011
—
Communications Test Design INC
Chester Cnty Economic Dev Coun
Grant Deed
—
Jan 5, 2011
—
Communications Test Design INC
—
Grant Deed
related
$100,000,000 · Citizens Bk/pa
Jan 19, 2006
—
Communications Test Design INC
—
Deed Of Trust
related
$50,000,000 · Bank Of America
—
—
Communications Test Design INC
—
Loan Modification
related
$235,000,000 · Citizens Bk/pa
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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