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    1520 Chester Pike Folcroft, PA 19032-1006
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    Property profile & analytics

    1520 Chester Pike, Folcroft, PA 19032-1006

    View on Map
    • Flex space
    • 34,340 SF
    • 40,203.00 lot acres
    Off-Market
    Property ID
    US73-1937864
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,615,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • M & J Storage / Storage Facility
    • M & J Roofing Supply ~ J&M Window Mfg. / Hardware & Home Improvement / Interior Design
    • Timber Tech Tree / Landscaping
    • Aj peabody custom builder / Construction Company / General Contractor
    • J & M Window Manufacturing / Hardware & Home Improvement / Interior Design

    Property Details for 1520 Chester Pike

    Year built
    1956
    Lot size
    40,203.00 lot acres
    Property type
    Flex space
    APN
    20-00-00333-00
    APU
    20000033300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 8, 2004 $1 Joan I Glisson Glisson M L & J I Trust Grant Deed · related —
    Dec 26, 2002 $65,000 Wawa INC Glisson,maurice J & Joan I Grant Deed —
    May 16, 2001 $15,000 William Grossman Glisson Trust Grant Deed —
    Aug 12, 1997 $875,000 Maurice Glisson Philadelphia Coca-cola Bottlin Grant Deed —
    — — Glisson,tr — Deed Of Trust · related $508k · Wachovia Bank NA
    — — Joan I Glisson — Deed Of Trust · related $420k · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,919,000
      Market price range: $1.20M - $3.43M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,390,000
      Current use
      WAREHOUSE, STORAGE
      $2,645,000
      Change: +11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Folcroft
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2822
    Latitude
    39.9053
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $51,774
    $774,600
    $475,060
    $1,249,660
    -
    $0.00
    $0.00
    $1,249,660

    Comparable in this City

    • Value Estimation
      $1,620,000
      25,600 SF

      900 Carpenters Xing

      LIGHT INDUSTRIAL
      900 Carpenters Xing, Folcroft, PA 19032-2021
      View Details
    • Value Estimation
      $1,680,000
      37,322 SF

      5 Horne Dr

      LIGHT INDUSTRIAL
      5 Horne Dr, Folcroft, PA 19032-1807
      View Details
    • Value Estimation
      $3,540,000
      60,000 SF

      700 Henderson Blvd

      LIGHT INDUSTRIAL
      700 Henderson Blvd, Folcroft, PA 19032
      View Details
    • Value Estimation
      $3,155,000
      54,986 SF

      600 Kaiser Dr

      LIGHT INDUSTRIAL
      600 Kaiser Dr, Folcroft, PA 19032-2122
      View Details
    • Value Estimation
      $800,000
      15,250 SF

      805 Henderson Blvd

      LIGHT INDUSTRIAL
      805 Henderson Blvd, Folcroft, PA 19032-1907
      View Details
    • Value Estimation by Request
      20,960 SF

      4 Horne Dr

      LIGHT INDUSTRIAL
      4 Horne Dr, Folcroft, PA 19032-1806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      36,500 SF

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      View Details
    • Contact for pricing
      6,110 SF

      New Healthcare Investment Opportunity

      New 15-year NNN healthcare investment with corporate guarantee.
      712 Henderson Blvd, Folcroft, PA 19032
      View Details
    • $1,599,000
      0.30 Acres

      Folcroft Strip Mall For Sale

      Strip mall with eight stores and six tenants in Folcroft.
      1932-46 Delmar Dr, Folcroft, PA 19032
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Folcroft Warehouse Space Available

      4000-8000 SF renovated warehouse space with loading docks.
      620 E Glenolden Ave, Glenolden, PA 19032
      View Details
    • Contact for pricing
      17,600 SF

      Folcroft Warehouse Space Available

      17,600 SF warehouse space for rent in Folcroft, PA.
      525 Kaiser Dr, Folcroft, PA 19032
      View Details
    • Contact for pricing
      25,000 SF

      Folcroft Warehouse Sublease Opportunity

      25,000 SF warehouse space in mature industrial park.
      700 Carpenters Xing, Folcroft, PA 19032
      View Details
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    Folcroft, PA 19032-1006
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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