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Property profile & analytics
OFF-MARKET
Estimated value
$6,760,000
Warehouses
251 Waverly Blvd Coatesville, PA 19320
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-4393302
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
54,910 SF
Lot
8.92 ac (388,381 SF)
Zoning code
I
APN
3804 000503A0
UPID
US73-4393302
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
$6.73M
CAP Approach
CAP
$8.64M
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$6.76M
Owner & transaction history
Ballymore Company INC · 4 yrs held
Ballymore Company INC
since 2021
Last sale
$5.6M
6 recorded transactions
Zoning & alternative use
I · Coatesville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.4M
+42.0%
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 Coatesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coatesville 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
$7,220,000
ML approach
$6,730,000
CAP Approach
CAP Return
Estimation
6%
$9,360,000
6.5%
$8,640,000
7%
$8,025,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,340,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,425,000
Change: +42% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,975,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$6,725,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$6.76M
Range $6.08M – $7.44M · ±10% · vs last sale $5.60M (Oct 6 2021)
Last sale anchor
$5.60M
Oct 6 2021
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
$123 / 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
$129,337
Tax year 2024
Assessed value
$2,542,500
Assessed 2024
Previous assessed
$2,542,500
+0.0% YoY
Effective rate
5.09%
On assessed value
Assessed land
$41,710
Assessed improvement
$2,500,790
Land market value
$41,710
Improvement market value
$2,592,340
Total market value
$2,634,050
Applied tax rate
38.0000
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
2019
Heating
FORCED AIR
Cooling
CENTRAL
Total area
54,910 SF
Lot
8.92 ac (388,381 SF)
Zoning code
I
APN
3804 000503A0
UPID
US73-4393302
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Coatesville, PA
Zoning I · permitted uses
I · Coatesville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coatesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
INDUSTRIAL (GENERAL)
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.7M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
2019
Heating
FORCED AIR
Cooling
Yes
Lot
8.92 ac
Current owner
From public records · entity-resolved
Ballymore Company INC
Entity
Mailing address
5 RADNOR CORPORATE CTR #250, RADNOR, PA 19087-4542
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
—
Exerter 251 Waverly LP
—
Deed
related
$131,500,000 · Sumitomo Mitsui Banking Corp
Dec 6, 2021
—
Exeter 251 Waverly LP
—
Deed
related
$259,700,000 · Metlife Real Estate Lending LLC
Oct 6, 2021
—
Ballymore Company INC
Valley View Two Partners LP
Lease
—
Oct 6, 2021
$5,600,000
Exeter 251 Waverly LP
Valley View Two Partners LP
Special Warranty Deed
—
Apr 25, 2018
—
Valley View Two Partners LP
—
Deed
related
$2,800,000 · Phoenixville Fed'l Bk&tr
—
—
Valley View Two Partners LP
—
Deed Of Trust
related
$2,800,000 · Phoenixville Fed'l Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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