Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2323 Chichester Ave Upper Chichester, PA 19061-3737
    Back to Search
    Property profile & analytics

    2323 Chichester Ave, Upper Chichester, PA 19061-3737

    View on Map
    • Investment properties
    • 3,664 SF
    • 0.22 lot acres
    Off-Market
    Last Sale May 14, 2025
    $300,000
    Property ID
    US73-2220162
    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

    • Chandigarh Distributors / Big Box & Wholesale Store

    Property Details for 2323 Chichester Ave

    Year built
    1900
    Lot size
    0.22 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    09-00-00824-00
    APU
    9000082400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 14, 2025 — Sneh Deep Sneh Deep Deed · related —
    Mar 10, 2023 — Sneh Deep Sneh Deep Intrafamily Transfer · related —
    Feb 16, 2021 $300,000 Sneh Deep Nzn Investment Group LLC Deed $240k · American Neighborhood Mtg Acceptanc
    Jan 7, 2020 $145,500 Nzn Investment Group LLC Sheriff Of Delaware County|clark,donald J & Cather One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds · related $160k · Nicholas R Schiazza
    — — Donald J Clark — Deed Of Trust · related $129k · Indymac Bank Fsb
    — — Donald J Clark — Deed Of Trust · related $137k · Indymac Bank Fsb
    — — Donald J Clark — Deed Of Trust · related $100k · E-loan INC

    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
    Upper Chichester
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.438
    Latitude
    39.8306
    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
    $6,693
    $46,140
    $155,300
    $201,440
    -
    $0.00
    $0.00
    $201,440

    Comparable in this City

    • Value Estimation by Request
      2,664 SF

      4406 Chichester Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      4406 Chichester Ave, Upper Chichester, PA 19061-2801
      View Details
    • Value Estimation by Request
      3,024 SF

      927 Market St

      OFFICE/RESIDENTIAL (MIXED USE)
      927 Market St, Marcus Hook, PA 19061-4562
      View Details
    • Value Estimation by Request
      975 SF

      1103 Randall Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1103 Randall Ave, Upper Chichester, PA 19061-3541
      View Details
    • Value Estimation by Request
      1,912 SF

      1702 Chichester Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1702 Chichester Ave, Upper Chichester, PA 19061-4216
      View Details
    • Value Estimation by Request
      1,879 SF

      1709 Meetinghouse Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      1709 Meetinghouse Rd, Upper Chichester, PA 19061-3636
      View Details
    • Value Estimation by Request
      4,285 SF

      3129 Naamans Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      3129 Naamans Crk Rd, Upper Chichester, PA 19061-2566
      View Details

    Similar Nearby for Sale

    • $315,000

      Commercial Property in Marcus Hook

      Commercial building with seven rooms suitable for various businesses.
      925 Market St, Marcus Hook, PA 19061
      View Details
    • $575,000
      5,100 SF

      Turnkey Multifamily Investment Opportunity

      Fully occupied 5-unit property with strong income and growth potential.
      217 White Ave, Linwood, PA 19061
      View Details
    • Contact for pricing
      6,800 SF

      Conchester Animal Hospital For Sale

      6,800 SF animal hospital with long-term lease in place.
      530 Conchester Hwy, Marcus Hook, PA 19061
      View Details
    • $825,000
      2,800 SF

      Boothwyn Bank Branch - $825K

      Vacant bank, 2,800 SF, 1.26 acres.
      3400 Chichester Ave, Boothwyn, PA 19061
      View Details
    • Contact for pricing

      Retail Space in Anchored Center

      Retail space available in long-term CVS anchored shopping center.
      3601 Chichester Ave, Upper Chichester, PA 19061
      View Details
    • $125,000

      Residential Lot in Marcus Hook

      Lush lot ready for a dream home in Marcus Hook.
      1813 Manor Ave, Marcus Hook, PA 19061
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      374,400 SF

      Marcus Hook Warehouse Space

      374,400 SF warehouse/distribution space in Marcus Hook, PA.
      203 E 10Th St, Marcus Hook, PA 19061
      View Details
    • Contact for pricing

      Former Rite Aid with Drive-Thru

      Former Rite Aid available for sale or lease with drive-thru.
      3120 Chichester Ave, Boothwyn, PA 19061
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Upper Chichester, PA.
      3601 Chichester Ave, Upper Chichester, PA 19061
      View Details
    • Contact for pricing
      211,130 SF

      Proposed Industrial Space Near I-95

      Proposed 211,130 SF industrial space with I-95 access.
      900 Township Line Rd, Upper Chichester, PA 19061
      View Details
    • Contact for pricing
      211,130 SF

      Proposed Industrial Space Near I-95

      Proposed 211,130 SF industrial space with access to Philadelphia.
      900 Township Line Rd, Upper Chichester, PA 19061
      View Details
    • Contact for pricing

      Chelsea Parkway Commercial Property

      Commercial property available for rent on Chelsea Parkway.
      7 Chelsea Pkwy, Marcus Hook, PA 19061
      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.
    2323 Chichester Ave
    Upper Chichester, PA 19061-3737
    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
    2323 Chichester Ave, Upper Chichester, PA, 19061
    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!