New search
Property profile & analytics
OFF-MARKET
Estimated value
$7,810,000
Warehouses
540 Un St West Chester, PA 19382-3903
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5788167
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
40,014 SF
Lot
3.35 ac (145,882 SF)
Zoning code
ID
APN
0110 00830100
UPID
US73-5788167
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
-
Lennox Stores (PartsPlus) Hardware & Home Improvement Home Appliance Store
-
Bates Motel Escape Rooms Arcade & Gaming Center
-
Kathryn Gadbow Physician
-
Stryke Force Laser Tag Arcade & Gaming Center
-
All That Rage Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.30M
Comparable Approach
Comparable
$9.67M
Blend (final)
Blend
$7.81M
Owner & transaction history
9th & Highland LLC · 12 yrs held
9th & Highland LLC
since 2013
7 recorded transactions
Zoning & alternative use
ID · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$11.4M
+59.1%
Commercial (general)
$11.1M
+55.7%
Restaurant
$10.9M
+52.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,820,000
6.5%
$6,295,000
7%
$5,845,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,140,000
Current use
OFFICE BUILDING
$11,365,000
Change: +59% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,120,000
Change: +56% · Conversion: Difficult
RESTAURANT
$10,865,000
Change: +52% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,595,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$7.81M
Range $7.03M – $8.59M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$195 / 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
$84,733
Tax year 2024
Assessed value
$2,415,600
Assessed 2024
Previous assessed
$1,758,000
+37.4% YoY
Effective rate
3.51%
On assessed value
Assessed land
$317,450
Assessed improvement
$2,098,150
Land market value
$317,450
Improvement market value
$2,252,620
Total market value
$2,570,070
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
CENTRAL
Total area
40,014 SF
Lot
3.35 ac (145,882 SF)
Zoning code
ID
APN
0110 00830100
UPID
US73-5788167
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
ID · West Chester, PA
Zoning ID · permitted uses
ID · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.1M
OFFICE BUILDING
Est. value
$11.4M
COMMERCIAL (GENERAL)
Est. value
$11.1M
RESTAURANT
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Lot
3.35 ac
Current owner
From public records · entity-resolved
9th & Highland LLC
Entity
Mailing address
1050 AIRPORT RD, WEST CHESTER, PA 19380-7874
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2019
—
Robert M Casciato & Simeon D Isayef
—
Deed
related
$3,000,000 · Bryn Mawr Trust Co
Dec 31, 2013
$2,400,000
9th & Highland LLC
Central & Wstn Chester Cnty
Grant Deed
$1,440,000 · Alliance Bank
Dec 28, 2010
—
Robert M Casciato
—
Deed Of Trust
related
$2,200,000 · Bryn Mawr Trust Co
Jul 14, 2005
$2,850,000
Central In
Casciato,robert M
Grant Deed
$2,400,000 · Commerce Bank Pennsylvania NA
Sep 24, 2002
—
Robert M Casciato
—
Trustees Deed
related
$3,300,000 · First National Bank Chester
Apr 19, 2001
—
Robert M Casciato
—
Trustees Deed
related
$1,200,000 · First National Bank
—
—
Chester Area Senior Cente West
—
Deed Of Trust
related
$300,000 · County Chester Dept Cmnty Dev
—
—
Robert M Casciato
—
Deed Of Trust
related
$148,968 · First National Bank Chester
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 540 Un St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
