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Property profile & analytics
OFF-MARKET
Warehouses
1500 2nd St Eddystone, PA 19022-1508
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0884146
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
301,971 SF
Lot
64 ac (2,787,840 SF)
APN
18-00-00499-02
UPID
US73-0884146
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
Delco Logistics LLC · 3 yrs held
Delco Logistics LLC
since 2022
Last sale
$239.4M
7 recorded transactions
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 Eddystone submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eddystone 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
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
$790,318
Tax year 2024
Assessed value
$20,443,320
Assessed 2024
Previous assessed
$20,443,320
+0.0% YoY
Effective rate
3.87%
On assessed value
Assessed land
$3,350,000
Assessed improvement
$17,093,320
Total market value
$20,443,320
Applied tax rate
1,809.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
NONE
Cooling
NONE
Total area
301,971 SF
Lot
64 ac (2,787,840 SF)
APN
18-00-00499-02
UPID
US73-0884146
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
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
1950
Heating
NONE
Cooling
Yes
Lot
64 ac
Current owner
From public records · entity-resolved
Delco Logistics LLC
Entity
Mailing address
150 S 5TH ST STE #2675, MINNEAPOLIS, MN 55402-1251
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Delco Logistics LLC
—
Deed
related
$135,350,000 · Heitman Hdp III Acquisition I LLC
Sep 26, 2022
$239,400,000
Delco Logistics LLC
Alliance Hsp Eddystone Warehouse Ll
Special Warranty Deed
$135,000,000 · Prred Facility LLC
May 26, 2021
—
Alliance Hsp Eddystone Warehouse Ll
—
Deed
related
$146,125,000 · Acore Capital Mortgage LP
Mar 12, 2020
—
Alliance Hsp Eddystone Warehouse Ll
—
Deed
related
$9,250,000 · Webster Bank NA
Oct 4, 2018
—
Alliance Hsp Eddystone Warehou
Eastern Metal Recycling-termin
Grant Deed
—
Mar 19, 2010
$13,000,000
Eastern Metal Recycling-termin
Foamex Innovations Operating C
Grant Deed
—
Sep 28, 2009
—
Foamex Innovations Oper Co
Foamex LP
Quit Claim Deed
related
—
Jun 23, 2009
—
Innovations Operating C Foamex
Foamex LP
Quit Claim Deed
—
Feb 23, 2007
—
Foamex
—
Deed Of Trust
related
$425,000,000 · Bank Of America
Jul 26, 2005
—
Foamex
—
Deed Of Trust
related
$39,000,000 · Silver Point Financial LLC
Apr 4, 2002
—
Foamex LP
—
Deed Of Trust
related
$300,000,000 · Us Bank NA Trustee
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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