Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office buildings
1717 Doe Run Rd Kennett Square, PA 19348
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0729526
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1880
Total area
5,507 SF
Lot
0.54 ac (23,691 SF)
Zoning code
C1
APN
6102N00170000
UPID
US73-0729526
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$775k
Owner & transaction history
Next Home Doe Run LLC · 1 yrs held
Next Home Doe Run LLC
since 2024
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
C1 · Kennett Square, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+51.3%
Auto repair, garage
$1.2M
+41.7%
Apartment house (5+ units)
$1.0M
+25.9%
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 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
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
COMMERCIAL (GENERAL)
$1,255,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,175,000
Change: +42% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,045,000
Change: +26% · Conversion: Easy
WAREHOUSE, STORAGE
$735,000
Change: -11% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$700,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Oct 1 2024)
Last sale anchor
$775k
Oct 1 2024
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
$141 / 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
$6,314
Tax year 2024
Assessed value
$160,000
Assessed 2024
Previous assessed
$160,000
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$49,330
Assessed improvement
$110,670
Land market value
$49,330
Improvement market value
$121,310
Total market value
$170,640
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1880
Heating
HOT WATER
Cooling
NONE
Stories
2
Units
3
Rooms
6
Bathrooms
1
Total area
5,507 SF
Lot
0.54 ac (23,691 SF)
Zoning code
C1
APN
6102N00170000
UPID
US73-0729526
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Kennett Square, PA
Zoning C1 · permitted uses
C1 · 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
OFFICE BUILDING Current
Est. value
$830,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$735,000
INDUSTRIAL (GENERAL)
Est. value
$700,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1880
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
3
Rooms
6
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Next Home Doe Run LLC
Entity
Mailing address
210 S BROAD ST, KENNETT SQUARE, PA 19348-3317
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Next Home Doe Run LLC
—
Deed
related
$645,000 · Meridian Bank
Oct 1, 2024
$775,000
Next Home Doe Run LLC
Barbara B Barnes
Deed
—
May 1, 2023
—
Barbara B Barnes
—
Deed
related
$100,000 · Manufacturers & Traders Trust Co
Feb 2, 2018
$493,950
Robert P Barnes
West Doe Run LLC
Grant Deed
—
May 7, 2015
$462,500
West Doe Run LLC
Robert P Barnes
Deed
$346,875 · Susquehanna Bank
May 23, 2011
—
Robert P Barnes
Barnes,robert P JR & Barbara B
Quit Claim Deed
related
$420,665 · Maverick Funding Corp
—
—
Robert P Barnes
—
Deed Of Trust
related
$268,620 · Maverick Funding Corp
—
—
Robert P Barnes JR.
—
Deed Of Trust
related
$220,000 · Maverick Funding Corp
—
—
Robert P Barnes
—
Deed Of Trust
related
$422,409 · Maverick Funding Corp
—
—
Robert P Barnes JR.
—
Deed Of Trust
related
$210,000 · National Bank Of Malvern
—
—
Robert P Barnes JR.
—
Deed Of Trust
related
$60,000 · First National Bank Chester
—
—
Robert P Barnes
—
Deed Of Trust
related
$60,000 · First National Bank W Chester
—
—
Robert P Barnes
—
Deed Of Trust
related
$25,867 · First National Bank W Chester
—
—
Robert P Barnes JR.
—
Deed Of Trust
related
$100,000 · First National Bank Chester
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1717 Doe Run Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
