Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    312 Turner Ln West Chester, PA 19380-4538
    Back to Search
    Property profile & analytics

    312 Turner Ln, West Chester, PA 19380-4538

    View on Map
    • Flex space
    • 15,350 SF
    • 5.30 lot acres
    Off-Market
    Property ID
    US73-2004469
    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
    $1,660,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marvic Supply / Big Box & Wholesale Store / Building Supply
    • Automotive Intelligence / Auto Repair Shop
    • SRS Acquisition / Roofing Company / General Contractor

    Property Details for 312 Turner Ln

    Year built
    1975
    Lot size
    5.30 lot acres
    Zone code
    I3
    Property type
    Flex space
    APN
    5205 00090100
    APU
    520500090100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 1, 2020 $395,000 Robert Eldredge Paula J Miller Grant Deed —
    — — William S Wood II — Deed Of Trust · related $300k · Branch Bk&tr
    — — William S Wood — Deed Of Trust · related $85k · First National Bank Chester

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,880,000
      6.5%
      $1,735,000
      7%
      $1,610,000

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,950,000
      Current use
      WAREHOUSE, STORAGE
      $2,740,000
      Change: +40% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.5919
    Latitude
    39.975
    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
    $54,268
    $498,000
    $1,374,140
    $1,872,140
    -
    $498,000
    $1,374,140
    $1,872,140

    Comparable in this City

    • Value Estimation
      $13,685,000
      185,684 SF

      1301 Wilson Dr

      LIGHT INDUSTRIAL
      1301 Wilson Dr, West Chester, PA 19380-5954
      View Details
    • Value Estimation
      $9,920,000
      184,177 SF

      820 Lincoln Ave

      LIGHT INDUSTRIAL
      820 Lincoln Ave, West Chester, PA 19380-4469
      View Details
    • Value Estimation
      $3,490,000
      60,166 SF

      715 Washington St

      LIGHT INDUSTRIAL
      715 Washington St, West Chester, PA 19380-4539
      View Details
    • Value Estimation
      $4,885,000
      67,209 SF

      800 Virginia Ave, Unit 1-130

      LIGHT INDUSTRIAL
      800 Virginia Ave, West Chester, PA 19380-4430
      View Details
    • Value Estimation
      $2,615,000
      44,310 SF

      220 Garfield Ave Ste, Unit 100

      LIGHT INDUSTRIAL
      220 Garfield Ave Ste, West Chester, PA 19380-4560
      View Details
    • Value Estimation
      $3,385,000
      45,052 SF

      1372 Enterprise Dr

      LIGHT INDUSTRIAL
      1372 Enterprise Dr, West Chester, PA 19380-5960
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,800 SF

      West Chester Flex Building Opportunity

      Proposed 19,800 SF flex building on 4.4 acres.
      1035 Saunders Ln, West Chester, PA 19380
      View Details
    • Contact for pricing
      3,200 SF

      Prime Flex Space Available

      3,200 SF flex space with drive-in door and mezzanine.
      829-839 Lincoln Ave, West Chester, PA 19380
      View Details
    • Contact for pricing
      10,000 SF

      Highway Accessible Flex/Industrial Space

      Flex/industrial space with highway access and loading docks.
      1155 Phoenixville Pike, West Chester, PA 19380
      View Details
    • Contact for pricing
      19,043 SF

      West Chester Flex Condo Building

      Class A office/flex condo building for sale in West Chester.
      900 Airport Rd, West Chester, PA 19380
      View Details
    • Contact for pricing
      5,600 SF

      West Chester Mixed-Use Complex

      44,000 SF fully leased mixed-use complex in West Chester.
      1220 Ward Ave, West Chester, PA 19380
      View Details
    • Contact for pricing
      8,100 SF

      West Chester Flex Condominium

      8,100 SF flex condominium with warehouse space for sale.
      835 Lincoln Ave, West Chester, PA 19380
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,900 SF

      West Chester Flex Space Available

      5,900 SF flex space with easy highway access.
      895 Fernhill Rd, West Chester, PA 19380
      View Details
    • Contact for pricing

      West Chester Class A Office

      Class A office space available for lease in West Chester.
      1065 Andrew Dr, West Chester, PA 19380
      View Details
    • Contact for pricing
      19,954 SF

      West Chester Flex/Industrial Space

      Flex/Industrial property on 13.2 acres in West Chester, PA.
      905 Airport Rd, West Chester, PA 19380
      View Details
    • Contact for pricing
      3,342 SF

      Industrial Space in West Chester

      Industrial property available for lease in West Chester, PA.
      675 Tower Ln, West Chester, PA 19380
      View Details
    • Contact for pricing
      2,131 SF

      Retail Space in Hershey Mill

      Retail space available in Giant anchored shopping center.
      1389 East Boot Rd, West Chester, PA 19380
      View Details
    • Contact for pricing
      12,000 SF

      West Chester Office Space Available

      12000 SF office space for rent in West Chester.
      121 N Walnut St, West Chester, PA 19380
      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.
    312 Turner Ln
    West Chester, PA 19380-4538
    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
    312 Turner Ln, West Chester, PA, 19380
    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!