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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Industrial properties
653 Penn Grn Rd Landenberg, PA 19350-9375
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0911311
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2004
Total area
4,802 SF
Lot
9 ac (392,040 SF)
Zoning code
R1
APN
6005 00160700
UPID
US73-0911311
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
-
Landenberg Pet Resort Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$906k
Blend (final)
Blend
$1.24M
Owner & transaction history
Timothy R Chretien · 4 yrs held
Timothy R Chretien
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R1 · Landenberg, 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 Landenberg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landenberg 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
$1,350,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Current use
AUTO REPAIR, GARAGE
$1,025,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$895,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10% · vs last sale $1.20M (Feb 11 2022)
Last sale anchor
$1.20M
Feb 11 2022
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
$257 / 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
$15,219
Tax year 2024
Assessed value
$380,010
Assessed 2024
Previous assessed
$380,010
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$77,480
Assessed improvement
$302,530
Land market value
$77,480
Improvement market value
$408,470
Total market value
$485,950
Applied tax rate
60.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
5
Total area
4,802 SF
Lot
9 ac (392,040 SF)
Zoning code
R1
APN
6005 00160700
UPID
US73-0911311
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Landenberg, PAZoning R1 · permitted uses
R1 · Landenberg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$895,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2004
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
5
Lot
9 ac
Current owner
From public records · entity-resolved
Timothy R Chretien
Individual
Mailing address
653 PENN GRN RD, LANDENBERG, PA 19350-9375
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Mar 18, 2022
—
Timothy R Chretien
—
Deed
related
$140,000 · Artisans Bank
Feb 11, 2022
$1,200,000
Timothy R Chretien
Robert H Bowe
Special Warranty Deed
$900,000 · Artisans Bank
Sep 16, 2021
—
Robert H Bowe
—
Deed
related
$650,000 · Wilmington Savings Fund Society Fsb
Jul 30, 2019
—
Robert H Bowe
—
Deed
related
$210,000 · Wilmington Savings Fund Society Fsb
May 12, 2004
—
Robert H Bowe
—
Trustees Deed
related
$275,000 · Peoples Bank Oxford
Aug 14, 2002
$150,000
Robert H Bowe
Carlin,gregory D
Grant Deed
—
Aug 14, 2002
—
Robert H Bowe
—
Trustees Deed
related
$221,000 · Peoples Bank Oxford
—
—
Robert H Bowe
—
Deed Of Trust
related
$110,500 · Peoples Bank Oxford
—
—
Robert H Bowe
—
Deed Of Trust
related
$250,000 · National Penn 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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