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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Commercial real estate
602 Lincoln Ave, Prospect Park, PA 19076-2301
Entity Owned
2-yr Hold
Absentee Owner
Property ID
US73-1503227
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1956
Total area
908 SF
Lot
0.2 ac (8,886 SF)
APN
33-00-00182-00
UPID
US73-1503227
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
-
premier worldwide auto Car Dealership
-
Premier Worldwide Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Wolf Chop Enterprises LLC · 2 yrs held
Wolf Chop Enterprises LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
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 Prospect Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prospect Park 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Feb 14 2024)
Last sale anchor
$1.30M
Feb 14 2024
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
$1,432 / 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
$14,014
Tax year 2024
Assessed value
$410,000
Assessed 2024
Previous assessed
$410,000
+0.0% YoY
Effective rate
3.42%
On assessed value
Assessed land
$222,100
Assessed improvement
$187,900
Total market value
$410,000
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Total area
908 SF
Lot
0.2 ac (8,886 SF)
APN
33-00-00182-00
UPID
US73-1503227
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Wolf Chop Enterprises LLC
Entity
Mailing address
3240 GOODLEY RD, MARCUS HOOK, PA 19060-2212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
$1,300,000
Wolf Chop Enterprises LLC
Matthew S Defilippo
Deed
$1,040,000 · Meridian Bank
Jan 19, 2007
—
Matthew S Defilippo
Matthew S Defilippo
Intrafamily Transfer
related
$1,100,000 · First National Bank Of Chester County
—
—
Matthew S Defilippo
—
Deed Of Trust
related
$1,125,000 · Meridian Bank
—
—
Matthew S Defilippo
—
Deed Of Trust
related
$169,000 · Meridian Bank
—
—
Jacquelin P Defillippo
—
Deed Of Trust
related
$250,000 · Jefferson Bank
—
—
Jacquelin P Defilippo
—
Deed Of Trust
related
$435,000 · Jefferson Bank
—
—
Matthew S Defillippo
—
Deed Of Trust
related
$300,000 · Hudson United Bank
—
—
Matthew S Defillippo
—
Deed Of Trust
related
$200,000 · Hudson United Bank
—
—
Jacquelin P Defilippo
—
Deed Of Trust
related
$125,000 · Jefferson Bank
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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