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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Commercial real estate
401 Victoria Gdns Dr Kennett Square, PA 19348-4100
Individually Owned
22-yr Hold
Free & Clear
Property ID
US73-3590445
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
3,128 SF
Lot
17.17 ac (747,882 SF)
Zoning code
R2
APN
6204 01060000
UPID
US73-3590445
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$525k
Owner & transaction history
Donald E Heneberry · 22 yrs held
Donald E Heneberry
since 2004
7 recorded transactions
Zoning & alternative use
R2 · Kennett Square, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kennett Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennett Square 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
AUTO REPAIR, GARAGE
$670,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$168 / 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
Improvement market value
$15,940
Total market value
$15,940
Applied tax rate
62.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,128 SF
Lot
17.17 ac (747,882 SF)
Zoning code
R2
APN
6204 01060000
UPID
US73-3590445
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Kennett Square, PA
Zoning R2 · permitted uses
R2 · Kennett Square, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennett Square. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$670,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2003
Heating
FORCED AIR
Cooling
Yes
Lot
17.17 ac
Current owner
From public records · entity-resolved
Donald E Heneberry
Individual
Free & Clear · 22 yrs held
Mailing address
PO BOX 119, CHADDS FORD, PA 19317-0119
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2004
$295,900
Donald E Heneberry
Victoria Gardens LP
Grant Deed
—
Feb 2, 2004
—
Victoria Gardens LP
—
Trustees Deed
related
$1,500,000 · First Financial Bank NA
Jul 30, 2003
$216,900
John Wusinick
Victoria Gardens LP
Grant Deed
—
Jul 21, 2003
$223,000
Louis H Peters
Victoria Gardens LP
Grant Deed
—
Jun 10, 2003
$212,500
Zammit,tr
Victoria Gardens LP
Grant Deed
—
Aug 13, 2002
$6,000
Turks Head Health Services INC
Victoria Gardens LP
Grant Deed
—
Aug 13, 2001
$2,000,000
Victoria Gardens LP
Thomforde,elinor B
Grant Deed
$1,450,000 · First Financial Bank Fsb
Mar 13, 2001
—
Longwood Crossing Home Owners
Thomforde,elinor B
Grant Deed
related
—
—
—
Archer A Owens
—
Deed Of Trust
related
$22,000 · Pennsylvania Hsng Finance Agcy
—
—
Donald E Heneberry
—
Deed Of Trust
related
$75,000 · Tower FCU
—
—
William C Mclachlan
—
Deed Of Trust
related
$120,000 · Ing Bank Fsb
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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