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Property profile

23 W Chester Pike Ridley Park, PA 19078

FOR SALE
Office buildings
Property ID
US73-0455196
15,456 SF 0.29 ac lot Built 1990
Last sale Feb 2000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
23 W Chester Pike, Ridley Park, PA 19078 For Sale
Contact for pricing 15,456 SF
23 W Chester Pike, Ridley Park, PA 19078
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Property summary

AI-generated overview

This exceptional 15,400 square foot office building, situated at 23 W Chester Pike in Ridley Park, Pennsylvania, presents a compelling investment opportunity. Priced at $2,400,000, this traditional office space boasts a strong 9.12% capitalization rate, generating a net operating income (NOI) of $218,853. The building's prime location along the bustling West Chester Pike (Route 13) ensures high visibility and accessibility. Its proximity to major highways, including Interstates 95 and 476,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$1.16M
Assessed land$282k
Assessed improvement$876k
Effective rate2.93%

Value estimate

· Oct 2026
$890k
$801k – $979k
Submarket $/SF estimate$914k
NOI build-up
Gross scheduled income$397k
Vacancy & credit loss−$31k
Operating expenses−$146k
NOI · 10.46% cap applied$220k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
County average, outlier-cleaned · 309 recorded sales of this use type
Observed band · Q1–Q3$73 – $164
Qualifying comparables4

Cap rate analysis

How does the asset earn?
10.46%
$220k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDELAWARE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.1
Law Firm21.1
Dental Office14.6

Location

23 W Chester Pike Ridley Park, PA 19078
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Chester Pike, Ridley Park, PA 19078-1703 $1,350,000 Feb 2025 No data
8 Morton, Ridley Park, PA 19078-2210 $77,804,323 Dec 2022 23,784 SF
103 Ridley, Ridley Park, PA 19078-3000 $580,000 Apr 2022 5,350 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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