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Property profile & analytics
OFF-MARKET
Flex space
460 Gay St West Chester, PA 19380-2825
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1216883
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1940
Total area
9,698 SF
Lot
0.6 ac (26,350 SF)
Zoning code
NC2
APN
0108 03640000
UPID
US73-1216883
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Windle Properties 2 LLC · 1 yrs held
Windle Properties 2 LLC
since 2025
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
NC2 · West Chester, 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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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
—
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
$8,038
Tax year 2024
Assessed value
$229,160
Assessed 2024
Previous assessed
$229,160
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$80,210
Assessed improvement
$148,950
Land market value
$80,210
Improvement market value
$161,640
Total market value
$241,850
Applied tax rate
1.0000
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
1940
Heating
YES
Cooling
CENTRAL
Total area
9,698 SF
Lot
0.6 ac (26,350 SF)
Zoning code
NC2
APN
0108 03640000
UPID
US73-1216883
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
NC2 · West Chester, PA
Zoning NC2 · permitted uses
NC2 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
YES
Cooling
Yes
Lot
0.6 ac
Current owner
From public records · entity-resolved
Windle Properties 2 LLC
Entity
Mailing address
800 PETER CHRISTOPHER DR, WEST CHESTER, PA 19382-1983
Ownership since
2025
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 11, 2025
—
Windle Properties 2 LLC
—
Deed
related
$500,000 · Linkbank
Feb 7, 2025
$2,725,000
Windle Properties 2 LLC
Akt Gasho LP
Deed
$2,180,000 · Linkbank
Dec 23, 2019
—
Akt Gasho LP
—
Deed
related
$356,114 · Bank Of America
May 15, 2002
$778,000
Jrw-fkw LP
Akt Gasho LP
Grant Deed
—
May 15, 2002
—
John R Williams
Chester County Industrial Dev
Grant Deed
related
—
—
—
Akt Gasho LP
—
Deed Of Trust
related
$100,000 · Bryn Mawr Tr
—
—
Akt Gasho LP
—
Deed Of Trust
related
$356,114 · Bank Of America
—
—
Akt Gasho LP
—
Deed Of Trust
related
$100,000 · Bryn Mawr Trust Co
—
—
Akt Gasho LP
—
Deed Of Trust
related
$700,000 · Bryn Mawr Trust Co
—
—
Akt Gasho LP
—
Deed Of Trust
related
$100,000 · Bryn Mawr Trust Co
—
—
Akt Gasho
—
Deed Of Trust
related
$908,000 · Malvern 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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