Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4951 Chester Pike Newtown Square, PA 19073-2214

    • Auto shops
    • 24,750 SF
    • 2.94 lot acres
    OFF-MARKET
    Value Estimations
    $2,660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4188402
    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.

    Current Use by Public Records

    • Videon Chrysler Dodge Jeep RAM / Car Dealership / Auto Repair Shop
    • Frank C Videon Inc - Dodge / Car Dealership
    • Frank C Videon Inc - Jeep / Car Dealership / Auto Repair Shop
    • Frank C Videon Inc Chrysler / Car Dealership / Auto Repair Shop
    • Frank C Videon Inc RAM / Car Dealership

    Property Details for 4951 Chester Pike

    Year built
    2009
    Lot size
    2.94 lot acres
    Property size
    24,750 SF
    Property type
    Auto shops
    APN
    19-00-00422-00
    APU
    19000042200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,968,000
      Market price range: $1.56M - $4.92M
      AI Estimate
      $2,349,000
      Market price range: $1.27M - $3.41M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,935,000
      Current use
      OFFICE BUILDING
      $2,810,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Newtown Square
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.4475
    Latitude
    39.9757
    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
    $43,008
    $293,780
    $1,980,200
    $2,273,980
    -
    $0.00
    $0.00
    $2,273,980

    Comparable in this City

    • Value Estimation
      $3,150,000
      19,632 SF

      4005 Chester Pike

      AUTO REPAIR, GARAGE • 19,632 SF
      4005 Chester Pike, Newtown Square, PA 19073-2206
      View Details
    • Value Estimation by Request
      2,688 SF

      11 Reese Ave

      AUTO REPAIR, GARAGE • 2,688 SF
      11 Reese Ave, Newtown Square, PA 19073-4047
      View Details
    • Value Estimation by Request
      4.10 Acres

      4027 Chester Pike

      AUTO REPAIR, GARAGE • 4.10 Acres
      4027 Chester Pike, Newtown Square, PA 19073-2206
      View Details
    • Value Estimation
      $5,465,000
      46,199 SF

      4700 Chester Pike

      AUTO REPAIR, GARAGE • 46,199 SF
      4700 Chester Pike, Newtown Square, PA 19073-2917
      View Details
    • Value Estimation
      $2,010,000
      15,448 SF

      3960 Chester Pike

      AUTO REPAIR, GARAGE • 15,448 SF
      3960 Chester Pike, Newtown Square, PA 19073-3254
      View Details
    • Value Estimation
      $1,375,000
      10,612 SF

      4949 Chester Pike

      AUTO REPAIR, GARAGE • 10,612 SF
      4949 Chester Pike, Newtown Square, PA 19073-2214
      View Details

    Similar Nearby for Sale

    • $3,000,000
      10,000 SF

      Specialty Italian Market For Sale

      45-year-old specialty Italian market with catering in Newtown Square, PA.
      3601 Chapel Rd, Newtown Square, PA 19073
      View Details
    • Contact for pricing

      Retail Location in Newtown Square

      Located in the heart of Newtown Square retail area.
      210 South Newtown Street Rd, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on West Chester Pike

      Retail property for sale or lease at traffic light corner.
      5000 W Chester Pike, Newtown Square, PA 19073
      View Details
    • $1,300,000
      2.60 Acres

      Land in Newtown Square, PA

      Land available in Newtown Square, PA, with custom home options.
      3111 Sawmill Rd, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      44,000 SF

      Class A Office Building

      Two-story office building on 4.67 acres for sale or lease.
      10 Campus Blvd, Newtown Square, PA 19073
      View Details
    • $1,750,000
      5.10 Acres

      Land Parcel on Ardsrossan Farm

      Homesite with views and access to Skunk Hollow Park.
      3111 Sawmill Rd, Newtown Square, PA 19073
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      142,220 SF

      Newtown Square Retail Center

      Prime Retail Space, Delaware County, PA
      3590 Chester Pike, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      3,240 SF

      Retail Space Near Shopping Center

      3,240 SF retail space in desirable Newtown Square location.
      3553 W Chester Pike, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      5,400 SF

      Newtown Square Retail Space For Lease

      Prime Retail Building, 5,400 SF Available
      3606 Chester Pike, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      6,000 SF

      Office/Retail Building with On-Site Parking

      Two-story office/retail building with on-site parking, up to 6,000 SF.
      51 S Newtown Street Rd, Newtown Square, PA 19073
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Newtown Square

      Retail space available in a densely populated area.
      3530-3552 W Chester Pike, Newtown Square, PA 19073
      View Details
    • $10 SF/Yr
      2,187 SF

      Retail Space in Busy Center

      Retail units available in high-traffic shopping center on West Chester Pike.
      5050 West Chester Pike, Newtown Square, PA 19073
      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.
    4951 Chester Pike
    Newtown Square, PA 19073-2214
    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.