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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Flex space
42 Gap Newport Pike Avondale, PA 19311-1236
Entity Owned
6-yr Hold
Free & Clear
Property ID
US73-2517418
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1936
Total area
35,910 SF
Lot
3.7 ac (161,172 SF)
Zoning code
I1
APN
0403 00270000
UPID
US73-2517418
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
Current use
Occupant on record · Public records
-
Novedades Kalani Clothing Supplier
-
LA INTERNACIONAL STORE Grocery & Convenience Store
-
Cemetery Memorials General Contractor
-
West Chester Manufacturing Co Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Was Family Farm LLC · 6 yrs held
Was Family Farm LLC
since 2019
2 recorded transactions
Zoning & alternative use
I1 · Avondale, 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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
Tax billed
$37,410
Tax year 2024
Assessed value
$840,660
Assessed 2024
Previous assessed
$840,660
+0.0% YoY
Effective rate
4.45%
On assessed value
Assessed land
$286,730
Assessed improvement
$553,930
Land market value
$286,730
Improvement market value
$556,790
Total market value
$843,520
Applied tax rate
4.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1936
Heating
YES
Cooling
NONE
Buildings
2
Total area
35,910 SF
Lot
3.7 ac (161,172 SF)
Zoning code
I1
APN
0403 00270000
UPID
US73-2517418
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Avondale, PA
Zoning I1 · permitted uses
I1 · Avondale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Heating
YES
Cooling
Yes
Buildings
2
Lot
3.7 ac
Current owner
From public records · entity-resolved
Was Family Farm LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2 ELLICOTT RD, AVONDALE, PA 19311-9116
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2019
—
Was Family Farm LLC
William Stallings
Grant Deed
related
—
Mar 29, 2018
$575,000
Acs III LP
Williams,john R
Grant Deed
$575,000 · John R Williams
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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