Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    232 Nields St West Chester, PA 19382-3752
    Back to Search
    Property profile & analytics

    232 Nields St, West Chester, PA 19382-3752

    View on Map
    • Warehouses
    • 805 SF
    • 0.20 lot acres
    Off-Market
    Property ID
    US73-5605274
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Esquadra Carpentry / General Contractor

    Property Details for 232 Nields St

    Year built
    1940
    Lot size
    0.20 lot acres
    Zone code
    NC2
    Property type
    Warehouses
    APN
    0110 01290000
    APU
    11001290000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 24, 2017 — Orazio A Nastase Nastase Orazio M Quit Claim Deed · related —
    Nov 5, 2007 $175,000 Orazio M Nastase Shainline,william H Grant Deed —
    Jan 31, 2001 — William H Shainline Shainline,william H & Peggy K Quit Claim Deed · related $53k · Peoples Bank Oxford

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5946
    Latitude
    39.9558
    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
    $2,324
    $53,170
    $13,080
    $66,250
    -
    $53,170
    $13,640
    $66,810

    Comparable in this City

    • Value Estimation by Request
      1,235 SF

      1505 Cougar Dr

      WAREHOUSE, STORAGE
      1505 Cougar Dr, West Chester, PA 19382-5077
      View Details
    • Value Estimation
      $2,250,000
      15,172 SF

      1345 Wilmington Pike

      WAREHOUSE, STORAGE
      1345 Wilmington Pike, West Chester, PA 19382-8217
      View Details
    • Value Estimation
      $875,000
      8,144 SF

      610 Strasburg Rd

      WAREHOUSE, STORAGE
      610 Strasburg Rd, West Chester, PA 19382-1955
      View Details
    • Value Estimation
      $5,190,000
      32,310 SF

      701 Willowbrook Ln

      WAREHOUSE, STORAGE
      701 Willowbrook Ln, West Chester, PA 19382-5582
      View Details
    • Value Estimation
      $2,895,000
      16,964 SF

      891 Matlack St

      WAREHOUSE, STORAGE
      891 Matlack St, West Chester, PA 19382-4971
      View Details
    • Value Estimation
      $640,000
      6,480 SF

      213 Barnard St

      WAREHOUSE, STORAGE
      213 Barnard St, West Chester, PA 19382-3111
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Flex Office Units For Sale

      Flex office units available, individually or combined, West Chester.
      208 Carter Dr, West Chester, PA 19382
      View Details
    • Contact for pricing

      West Chester Flex Space Available

      11,546 SF flex space with parking and loading dock.
      323 S Matlack St, West Chester, PA 19382
      View Details
    • Contact for pricing
      5,700 SF

      West Chester Flex Unit For Sale

      2,850 SF flex unit in desirable industrial park.
      11 Hagerty Blvd, West Chester, PA 19382
      View Details
    • $785,750
      34,170 SF

      West Chester Warehouse: Prime Location

      34,170 SF Warehouse, I-2 Zoning
      11 Hagerty Blvd, West Chester, PA 19382
      View Details
    • Contact for pricing

      West Chester Flex Space Opportunity

      3,300 SF flex space near Route 202.
      640 Snyder Ave, West Chester, PA 19382
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,650 SF

      West Chester Flex Space Available

      Flex space in West Chester Borough, close to Route 202.
      510 E Barnard St, West Chester, PA 19382
      View Details
    • Contact for pricing

      Renovated Flex Warehouse Space Available

      Flex warehouse space for lease, renovated and available Summer 2024.
      610 W Strasburg Rd, West Chester, PA 19382
      View Details
    • Contact for pricing
      2,400 SF

      Flex Space with Warehouse

      Flex space with office and warehouse components available for lease.
      19 Hagerty Blvd, West Chester, PA 19382
      View Details
    • Contact for pricing
      3,000 SF

      Industrial Flex Space Available

      3,000 SF industrial flex space for rent.
      325 Westtown Rd, West Chester, PA 19382
      View Details
    • Contact for pricing

      Retail and Warehouse Space Available

      Retail and warehouse space available for lease.
      1301 West Chester Pike, West Chester, PA 19382
      View Details
    • Contact for pricing

      West Chester Office Space

      Single tenant office space available for rent in West Chester.
      301 S High St, West Chester, PA 19382
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    232 Nields St
    West Chester, PA 19382-3752
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    232 Nields St, West Chester, PA, 19382
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!