Technical
Financial
Distress signals
Property profile

312 State St Kennett Square, PA 19348

OFF-MARKET
Office buildings
Property ID
US73-0985784
8,888 SF 0.44 ac lot Built 1991
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1991
Total area 8,888 SF
Lot 0.44 ac (19,198 SF)
Zoning code C2
APN 0302 02350000
UPID US73-0985784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Alternative Medicine Practice
  • Commercial Cleaning Service

Location

312 State St Kennett Square, PA 19348-3063
Kennett Square metro Census 303402 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$390k

Owner & transaction history

since 2016
6 recorded transactions
2017
Price N/A
2016
Price N/A
2016
$2.0M
2015
$1.1M
2014
$675,000
1998
$505,000

Zoning & alternative use

C2 · Kennett Square, PA
Top alternative use upside
Commercial (general) $2.0M +51.3%
Auto repair, garage $1.9M +41.7%
Apartment house (5+ units) $1.7M +25.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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