Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    422 Baltimore Pike West Grove, PA 19390
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    422 Baltimore Pike West Grove, PA 19390

    View on Map
    • Auto shops
    • 4,508 SF
    • 6.00 lot acres
    Off-Market
    Last Sale Jun 19, 2024
    $765,000
    Property ID
    US73-1024858
    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
    $710,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ford's Auto & Truck Services / Auto Repair Shop

    Property Details for 422 Baltimore Pike

    Year built
    2005
    Lot size
    6.00 lot acres
    Property size
    4,508 SF
    Zone code
    I
    Property type
    Auto shops
    APN
    5907 002901C0
    APU
    5907002901C0

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $593,000
      Market price range: $262k - $593k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $965,000
      Current use
      COMMERCIAL (GENERAL)
      $1,030,000
      Change: +7% Conversion: Moderate
      OFFICE BUILDING
      $840,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    West Grove
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.8429
    Latitude
    39.8213
    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
    $9,203
    $48,000
    $177,840
    $225,840
    -
    $48,000
    $177,840
    $225,840

    Comparable in this City

    • Value Estimation by Request
      6,750 SF

      435 Avondale Rd

      AUTO REPAIR, GARAGE • 6,750 SF
      435 Avondale Rd, West Grove, PA 19390
      View Details
    • Value Estimation by Request
      3,000 SF

      507 Baltimore Pike

      AUTO REPAIR, GARAGE • 3,000 SF
      507 Baltimore Pike, West Grove, PA 19390-9253
      View Details
    • Value Estimation by Request
      4,060 SF

      253 Evergreen St

      AUTO REPAIR, GARAGE • 4,060 SF
      253 Evergreen St, West Grove, PA 19390-1007
      View Details
    • Value Estimation
      $520,000
      11,122 SF

      259 Evergreen St

      AUTO REPAIR, GARAGE • 11,122 SF
      259 Evergreen St, West Grove, PA 19390-1007
      View Details
    • Value Estimation by Request
      3,950 SF

      3706 Gap Newport Pike

      AUTO REPAIR, GARAGE • 3,950 SF
      3706 Gap Newport Pike, West Grove, PA 19390-9293
      View Details
    • Value Estimation by Request
      3,840 SF

      523 Baltimore Pike

      AUTO REPAIR, GARAGE • 3,840 SF
      523 Baltimore Pike, West Grove, PA 19390-9253
      View Details

    Similar Nearby for Sale

    • New
      $550,000
      3.60 Acres

      West Grove Building Lot

      3.6 acre building lot with farmland views.
      81 Penwyck Ln, West Grove, PA 19390
      View Details
    • Contact for pricing
      6,130 SF

      Office Space in West Grove

      Office space available in a convenient West Grove location.
      699 W Baltimore Pike, West Grove, PA 19390
      View Details
    • Contact for pricing

      Prime Commercial Land in Jennersville

      21+ acres of commercially zoned land in a prime location.
      West Grove, PA 19390
      View Details
    • $1,650,000
      Pending

      Industrial Land with Railroad Access

      32.8 acres of industrial land with East Penn Railroad access.
      3 Jennersville Rd, West Grove, PA 19390
      View Details
    • $1,999,999
      4.00 Acres

      Commercial Land in West Grove

      Four-acre commercial lot at Route 1 and Route 796 intersection.
      230 N Jennersville Rd, West Grove, PA 19390
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail Space in Shoppes at Jenner’s Village

      Retail space available in shopping center anchored by GIANT.
      833 W Baltimore Pike, West Grove, PA 19390
      View Details
    • Contact for pricing

      West Grove Office Building For Rent

      58,256 SF office building near Jennersville Regional Hospital.
      1011 W Baltimore Pike, West Grove, PA 19390
      View Details
    • Contact for pricing

      West Grove Office Building

      Two-story office building near Jennersville Regional Hospital.
      1011 W Baltimore Pike, West Grove, PA 19390
      View Details
    • Contact for pricing

      Flexible Live/Work Space Available

      High-visibility live/work space with flexible layout for rent.
      500 Coatesville Rd, West Grove, PA 19390
      View Details
    • Contact for pricing

      Medical Office Suites Near Hospital

      Medical office suites available with direct hospital access.
      1011 W Baltimore Pike, West Grove, PA 19390
      View Details
    • Contact for pricing

      Medical Office Space at ChristianaCare

      Medical office space available for rent near ChristianaCare.
      1011 W Baltimore Pike, West Grove, PA 19390
      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.
    422 Baltimore Pike
    West Grove, PA 19390
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!