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Property profile & analytics
OFF-MARKET
Estimated value
$2,595,000
Warehouses
209 Carter Dr West Chester, PA 19382-4973
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1241384
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
10,288 SF
Lot
2 ac (87,120 SF)
Zoning code
I2
APN
5205 01960900
UPID
US73-1241384
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
-
Deco Sales Co Logistics Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$2.56M
Blend (final)
Blend
$2.60M
Owner & transaction history
Tripleplay Enterprises LLC · 2 yrs held
Tripleplay Enterprises LLC
since 2024
Last sale
$2.6M
4 recorded transactions
Zoning & alternative use
I2 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.4M
+86.8%
Office building
$2.9M
+59.1%
Commercial (general)
$2.9M
+55.7%
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
$2,595,000
ML approach
$2,595,000
CAP Approach
CAP Return
Estimation
6%
$1,755,000
6.5%
$1,620,000
7%
$1,505,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,835,000
Current use
AUTO REPAIR, GARAGE
$3,430,000
Change: +87% · Conversion: Easy
OFFICE BUILDING
$2,920,000
Change: +59% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,860,000
Change: +56% · Conversion: Difficult
RESTAURANT
$2,795,000
Change: +52% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,955,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.85M · ±10% · vs last sale $2.60M (Jan 17 2024)
Last sale anchor
$2.60M
Jan 17 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
$252 / 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
$23,706
Tax year 2024
Assessed value
$817,820
Assessed 2024
Previous assessed
$817,820
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$240,450
Assessed improvement
$577,370
Land market value
$240,450
Improvement market value
$606,620
Total market value
$847,070
Applied tax rate
52.0000
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
1990
Heating
FORCED AIR
Cooling
CENTRAL
Total area
10,288 SF
Lot
2 ac (87,120 SF)
Zoning code
I2
APN
5205 01960900
UPID
US73-1241384
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · West Chester, PA
Zoning I2 · permitted uses
I2 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RESTAURANT
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
1990
Heating
FORCED AIR
Cooling
Yes
Lot
2 ac
Current owner
From public records · entity-resolved
Tripleplay Enterprises LLC
Entity
Mailing address
209 CARTER DR, WEST CHESTER, PA 19382-4973
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$2,595,000
Tripleplay Enterprises LLC
Addison Grey Enterprises LLC
Deed
$1,816,500 · Meridian Bank
Dec 16, 2021
—
Addison Grey Enterprises LLC
—
Deed
related
$1,135,000 · Meridian Bank
Jun 23, 2011
$700,000
Addison Grey Ents LLC
Hp Hood LLC
Grant Deed
$875,000 · Meridian Bank
Oct 25, 2002
—
Rosenbergers Dairies LLC
—
Deed Of Trust
related
$525,000,000 · Wachovia Bank NA Ttee
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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