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Property profile & analytics
OFF-MARKET
Estimated value
$2,050,000
Hotels
1516 Wilmington Pike West Chester, PA 19382-8317
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-5749002
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1990
Total area
11,130 SF
Lot
4 ac (174,240 SF)
APN
04-00-00354-03
UPID
US73-5749002
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
-
Brinton Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
1516 Wilmington Pike LLC · 5 yrs held
1516 Wilmington Pike LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.8M
+377.8%
Apartment house (5+ units)
$1.6M
+342.3%
Office building
$1.6M
+331.9%
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%
$1,395,000
6.5%
$1,290,000
7%
$1,195,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,755,000
Change: +378% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,625,000
Change: +342% · Conversion: Difficult
OFFICE BUILDING
$1,585,000
Change: +332% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,535,000
Change: +318% · Conversion: Difficult
RESTAURANT
$1,465,000
Change: +299% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,320,000
Change: +260% · Conversion: Difficult
Blend value · Realmo final
$2.05M
Range $1.85M – $2.26M · ±10% · vs last sale $2.02M (Jun 25 2021)
Last sale anchor
$2.02M
Jun 25 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
$184 / 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
$45,102
Tax year 2024
Assessed value
$2,200,760
Assessed 2024
Previous assessed
$2,200,760
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$1,108,160
Assessed improvement
$1,092,600
Total market value
$2,200,760
Applied tax rate
413.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
11,130 SF
Lot
4 ac (174,240 SF)
APN
04-00-00354-03
UPID
US73-5749002
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE
Est. value
$1.5M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
RESTAURANT
AUTO REPAIR, GARAGE
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
1990
Heating
NONE
Cooling
Yes
Stories
2
Lot
4 ac
Current owner
From public records · entity-resolved
1516 Wilmington Pike LLC
Entity
Mailing address
PO BOX 23, CHALFONT, PA 18914-0023
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
$2,020,000
1516 Wilmington Pike LLC
1421 Wp LP
Deed
$1,712,000 · Qnb Bank
Oct 17, 2013
$1,334,867
1421 Wp LP
Hrm Partnership
Grant Deed
—
Aug 9, 2010
—
Hrm Ptshp
—
Deed Of Trust
related
$1,140,000 · First Keystone Fsb
Apr 21, 2006
$1
Hrm Ptshp
Capital 1031 As Qi Of Hrm Ptshp
Grant Deed
—
Dec 30, 2005
$1,880,000
Capital 1031
J S M Properties INC
Deed
$1,010,000 · First Keystone Bank
Feb 28, 1997
$500,000
Dwain J Wastkins
Watkins System INC
Grant Deed
—
—
—
Watkins System INC
—
Deed Of Trust
related
$370,000 · Robert G & Hilda W Watkins
—
—
Watkins System INC
—
Deed Of Trust
related
$250,000 · Elgin Goodman LLC
—
—
Watkins Systems INC
—
Deed Of Trust
related
$300,000 · Robert G & George E Watkins
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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