Technical
Financial
Distress signals
Property profile

402 Mcfarlan Rd Kennett Square, PA 19348

OFF-MARKET
Office buildings
Property ID
US73-0398744
19,954 SF 6.33 ac lot Built 1989
Individually Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Total area 19,954 SF
Lot 6.33 ac (275,735 SF)
Zoning code R2
APN 6204 01060100
UPID US73-0398744

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
  • Physician Medical Clinic
  • Physician
  • Dental Office
  • Physician
  • Medical Clinic

Location

402 Mcfarlan Rd Kennett Square, PA 19348-2453
Kennett Square metro Census 303302 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.15M
Comparable Approach Comparable
$3.89M
Blend (final) Blend
$3.88M

Owner & transaction history

since 2004
3 recorded transactions
2008
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

R2 · Kennett Square, PA
Top alternative use upside
Restaurant $6.1M +102.2%
Commercial (general) $4.6M +51.3%
Auto repair, garage $4.3M +41.7%

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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