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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Warehouses
311 Water St Spring City, PA 19475-2047
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-1089269
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Total area
23,302 SF
Lot
9.5 ac (413,820 SF)
Zoning code
I
APN
1405 00270000
UPID
US73-1089269
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
-
Southwood Industries Production Facility
-
Louderback Logistics Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.41M
Owner & transaction history
Louderback Real Estate LLC · 2 yrs held
Louderback Real Estate LLC
since 2023
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
I · Spring City, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
40 Applicable provisions. Article IX GC - General Commercial District § 525-41 Purpose. § 525-42 Permitted uses. § 525-43 Area and bulk regulations. § 525-44 Height regulations. § 525-45 Applicable provisions. Article X I - Industrial District § 525-46 Purpose. § 525-47 Permitted uses. § 525-48 Area and bulk regulations. § 525-49 Height regulations. § 525-50…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
136.18 ac
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 Spring City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring City 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
$1,460,000
ML approach
$1,540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.33M (Sep 22 2023)
Last sale anchor
$1.33M
Sep 22 2023
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
$61 / 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
$21,766
Tax year 2024
Assessed value
$536,010
Assessed 2024
Previous assessed
$536,010
+0.0% YoY
Effective rate
4.06%
On assessed value
Assessed land
$231,250
Assessed improvement
$304,760
Land market value
$231,250
Improvement market value
$369,270
Total market value
$600,520
Applied tax rate
14.0000
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
2000
Heating
YES
Cooling
NONE
Total area
23,302 SF
Lot
9.5 ac (413,820 SF)
Zoning code
I
APN
1405 00270000
UPID
US73-1089269
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Spring City, PAZoning I · permitted uses
I · Spring City, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
40 Applicable provisions. Article IX GC - General Commercial District § 525-41 Purpose. § 525-42 Permitted uses. § 525-43 Area and bulk regulations. § 525-44 Height regulations. § 525-45 Applicable provisions. Article X I - Industrial District § 525-46 Purpose. § 525-47 Permitted uses. § 525-48 Area and bulk regulations. § 525-49 Height regulations. § 525-50 Applicable provisions. Article XI Flood Hazard District § 525-51 Applicability a
Zone name
Industrial
General category
INDUSTRIAL
Zone area
136.18 ac
Building & site characteristics
From public records
Year built
2000
Heating
YES
Cooling
Yes
Lot
9.5 ac
Current owner
From public records · entity-resolved
Louderback Real Estate LLC
Entity
Free & Clear · 2 yrs held
Mailing address
366 CONESTOGA RD, MALVERN, PA 19355-1021
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2023
—
Louderback Real Estate LLC
Louderback Logistics Company LLC
Intrafamily Transfer
related
—
Apr 22, 2005
$1,325,000
Louderback Logistics Co LLC
Forest Properties
Grant Deed
$993,750 · Hudson United Bank
Nov 27, 2002
—
Forest Properties
Industrial Dev Chester County
Grant Deed
related
—
Jul 9, 1999
$170,000
Forest Properties
Chester County Industrial Dev
Grant Deed
—
—
—
Louderback Logistics Co LLC
—
Deed Of Trust
related
$300,000 · Royal Bank America
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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