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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Auto shops
550 Hannum Ave West Chester, PA 19380-2202
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-0136966
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Total area
8,600 SF
Lot
1.22 ac (53,252 SF)
Zoning code
CS
APN
0108 02690200
UPID
US73-0136966
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
-
Affordable Rental of West Chester Car Rental Facility
-
John L Smith Used Cars Car Dealership
-
Napa Auto Care Center Auto Parts Store
-
Welsh Automotive West Chester Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$660k
Owner & transaction history
Jrb Realty Associates LLC · 20 yrs held
Jrb Realty Associates LLC
since 2006
7 recorded transactions
Zoning & alternative use
CS · 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
Method
Estimation
Statistic approach
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±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
$77 / 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
$14,951
Tax year 2024
Assessed value
$426,220
Assessed 2024
Previous assessed
$426,220
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$268,820
Assessed improvement
$157,400
Land market value
$268,820
Improvement market value
$186,730
Total market value
$455,550
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1996
Heating
HEAT PUMP
Cooling
CENTRAL
Units
1
Total area
8,600 SF
Lot
1.22 ac (53,252 SF)
Zoning code
CS
APN
0108 02690200
UPID
US73-0136966
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CS · West Chester, PA
Zoning CS · permitted uses
CS · 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
1996
Heating
HEAT PUMP
Cooling
Yes
Units
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Jrb Realty Associates LLC
Entity
Mailing address
550 HANNUM AVE, WEST CHESTER, PA 19380-2202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
28 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2019
—
Jrb Realty Assosciates LLC
—
Deed
related
$300,000 · Meridian Bank
Dec 23, 2019
—
Jrb Realty Associates LLC
—
Deed
related
$300,000 · Meridian Bk
Apr 11, 2019
—
Jrb Realty Associates LLC
—
Deed
related
$750,000 · Meridian Bk
Aug 30, 2018
—
Jrb Realty Associates LLC
—
Deed
related
$2,100,000 · Meridian Bk
Feb 4, 2013
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$1,250,000 · Meridian Bank
Aug 22, 2011
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$1,500,000 · Meridian Bank
Apr 28, 2006
$707,000
Jrb Realty Associates LLC
Byrnesco Partnership
Other
—
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$200,000 · Meridian Bk
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$660,000 · Meridian Bank
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$320,544 · Meridian Bank
—
—
John L Smith INC
—
Deed Of Trust
related
$407,000 · First National Bank Chester
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$200,000 · Meridian Bank
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$2,100,000 · Meridian Bk
—
—
John L Smith INC
—
Deed Of Trust
related
$300,000 · First National Bank Chester
—
—
John L Smith INC
—
Deed Of Trust
related
$300,000 · First National Bank Chester
—
—
John L Smith INC
—
Deed Of Trust
related
$115,000 · First National Bank Chester
—
—
John L Smith INC
—
Deed Of Trust
related
$100,000 · First National Bank Chester
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$1,800,000 · Meridian Bk
—
—
John L Smith INC
—
Deed Of Trust
related
$592,000 · First National Bank Chester
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$100,000 · Meridian Bk
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$1,250,000 · Meridian Bk
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$1,000,000 · Meridian Bk
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$1,000,000 · Meridian Bank
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$300,000 · Meridian Bk
—
—
Jrb Realty Associates LLC
—
Deed Of Trust
related
$250,316 · Meridian Bank
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$2,450,000 · Meridian Bk
—
—
John L Smith INC
—
Deed Of Trust
related
$607,000 · First National Bank Chester
—
—
Jrb Realty Associates LLC
—
Loan Modification
related
$750,000 · Meridian Bk
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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