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Property profile & analytics
OFF-MARKET
Estimated value
$7,435,000
Commercial real estate
162 Onix Dr Kennett Square, PA 19348-1885
Trust Owned
19-yr Hold
~
Est. High Equity
Property ID
US73-2081419
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Total area
34,573 SF
Lot
2.16 ac (93,872 SF)
Zoning code
RB
APN
6106 007901C0
UPID
US73-2081419
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
$8.15M
Comparable Approach
Comparable
$5.92M
Blend (final)
Blend
$7.44M
Owner & transaction history
Malchione Schafer Silver Trust I · 19 yrs held
Malchione Schafer Silver Trust I
since 2006
3 recorded transactions
Zoning & alternative use
RB · Kennett Square, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.5M
+33.6%
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 Kennett Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennett Square 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%
$8,830,000
6.5%
$8,150,000
7%
$7,570,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,890,000
Current use
RESTAURANT
$10,540,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,385,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,565,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$7.44M
Range $6.69M – $8.18M · ±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
$215 / 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
$118,040
Tax year 2024
Assessed value
$2,991,260
Assessed 2024
Previous assessed
$2,991,260
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$206,170
Assessed improvement
$2,785,090
Land market value
$206,170
Improvement market value
$2,785,090
Total market value
$2,991,260
Applied tax rate
61.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
12
Total area
34,573 SF
Lot
2.16 ac (93,872 SF)
Zoning code
RB
APN
6106 007901C0
UPID
US73-2081419
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RB · Kennett Square, PA
Zoning RB · permitted uses
RB · Kennett Square, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennett Square. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.9M
RESTAURANT
Est. value
$10.5M
AUTO REPAIR, GARAGE
Est. value
$7.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2007
Heating
FORCED AIR
Cooling
Yes
Buildings
12
Lot
2.16 ac
Current owner
From public records · entity-resolved
Malchione Schafer Silver Trust I
Trust
Mailing address
150 ONIX DR, KENNETT SQUARE, PA 19348-1886
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2006
—
Malchione Schafer Silver Trust I
Longwood Land Dev LLC
Grant Deed
related
—
—
—
Silver Malchione S P Trust I
—
Deed Of Trust
related
$6,400,000 · Principal Commercial Funding
—
—
Longwood Shoppes LLC
—
Deed Of Trust
related
$5,600,000 · Starwood Mtg Cap
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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