Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    341 Granite Aly West Chester, PA 19380-2810
    Back to Search
    Property profile & analytics

    341 Granite Aly, West Chester, PA 19380-2810

    View on Map
    • Warehouses
    • 5,500 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US73-1551412
    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
    $520,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Beauty Fish & Produce / Take-out & Catering / Fish Market

    Property Details for 341 Granite Aly

    Year built
    1980
    Lot size
    0.15 lot acres
    Zone code
    TC
    Property type
    Warehouses
    APN
    0108 03360100
    APU
    10803360100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 12, 2021 — Granite Alley Limited Liability Com — Deed · related $150k · Wilmington Savings Fund Society Fsb
    Apr 2, 2003 $190,000 Granite Alley LLC Enoches,jack D & Mary L Grant Deed —
    Jul 14, 1999 $36,000 Jack D Enoches Spaz Beverage Co INC Grant Deed $209k · First National Bank W Chester
    — — Granite Alley LLC — Deed Of Trust · related $100k · National Penn Bank
    — — Granite Alley LLC — Deed Of Trust · related $600k · National Penn Bank
    — — Granite Alley LLC — Deed Of Trust · related $850k · National Penn Bk
    — — Jack D Enochea — Deed Of Trust · related $110k · First National Bank Chester
    — — Granite Alley LLC — Deed Of Trust · related $30k · Peoples Bank Oxford
    — — Granite Alley LLC — Deed Of Trust · related $20k · Peoples Bank Oxford
    — — Granite Alley LLC — Deed Of Trust · related $95k · Peoples Bank Oxford
    — — Granite Alley Ltd Liability Co — Deed Of Trust · related $130k · First Financial Bank NA
    — — Granite Alley Ltd Liability Co — Deed Of Trust · related $38k · First Financial Bank NA
    — — Granite Alley Ltd Liability Co — Deed Of Trust · related $400k · First Financial Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $380,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $640,000
      Market price range: $415k - $1.37M

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

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.611
    Latitude
    39.9586
    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
    $5,262
    $31,290
    $118,710
    $150,000
    -
    $31,290
    $118,710
    $150,000

    Comparable in this City

    • Value Estimation
      $1,355,000
      9,616 SF

      1132 Greenhill Rd

      WAREHOUSE, STORAGE
      1132 Greenhill Rd, West Chester, PA 19380-4053
      View Details
    • Value Estimation
      $6,210,000
      11,400 SF

      200 King Rd

      WAREHOUSE, STORAGE
      200 King Rd, West Chester, PA 19380-1320
      View Details
    • Value Estimation
      $5,470,000
      76,524 SF

      808 Lincoln Ave

      WAREHOUSE, STORAGE
      808 Lincoln Ave, West Chester, PA 19380
      View Details
    • Value Estimation
      $2,835,000
      23,400 SF

      840 Lincoln Ave, Unit 6

      WAREHOUSE, STORAGE
      840 Lincoln Ave, West Chester, PA 19380-4406
      View Details
    • Value Estimation by Request
      82,182 SF

      700 Old Fern Hl Rd

      WAREHOUSE, STORAGE
      700 Old Fern Hl Rd, West Chester, PA 19380-4274
      View Details
    • Value Estimation
      $1,665,000
      17,101 SF

      1139 Phoenixville Pike

      WAREHOUSE, STORAGE
      1139 Phoenixville Pike, West Chester, PA 19380-4215
      View Details

    Similar Nearby for Sale

    • 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
    • Contact for pricing
      25,600 SF

      West Chester Flex Industrial Building

      Multi-tenanted flex industrial building with office space and warehouse.
      1109 Saunders Ct, 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
      19,800 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
      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
      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

    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
      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
      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

      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
      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.
    341 Granite Aly
    West Chester, PA 19380-2810
    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
    341 Granite Aly, 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!