Property profile

701 W State St Kennett Square, PA 19348

FOR SALE
Commercial land
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Property ID
US73-5901910
1,188 SF 0.42 ac Built 1930
Last sale Feb 2005·$465,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This commercial land parcel is located at the signalized intersection of West State Street and Mill Road in Kennett Square Borough. The parcel is zoned C-2 Secondary Commercial District and has public water and public sewer service available at the street for future development. The property is positioned near US Route 1 and Baltimore Pike and benefits from a corner configuration that provides access to two roadways within an established regional corridor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$37k
Assessed land$37k
Effective rate4.87%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$305k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$228/SF
County average, outlier-cleaned · 185 recorded sales of this use type
Observed band · Q1–Q3$106 – $429
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
JurisdictionCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.8
Wholesale Shop14.4
Auto Parts Store13.7

Location

701 W State St Kennett Square, PA 19348
County assessor Recorded deeds · 2 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
530 Un, Kennett Square, PA 19348-3348 $710,000 May 2024 No data
634 State, Kennett Square, PA 19348-3031 $4,500,000 May 2021 9,472 SF
600 State, Kennett Square, PA 19348-3076 $4,500,000 May 2021 9,729 SF
400 Walnut, Kennett Square, PA 19348-2418 $4,100,000 Feb 2019 520 SF
718 Baltimore, Kennett Square, PA 19348-2430 $1,400,000 Jan 2019 11,704 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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