Financial
Distress signals
Property profile

701 W State St Kennett Square, PA 19348

FOR SALE
Commercial land
Property ID
US73-5901910
1,188 SF 0.42 ac lot 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.
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Property summary

AI-generated overview

The property is a 0.42-acre corner lot in Kennett Square. It is zoned C-2, which permits a broad range of uses. The site has two access points from West State Street and Mill Road and is situated across from a recently constructed 166-unit apartment complex. It is also located approximately two blocks from Victory Brewing Company.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

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

Value estimate

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

Realmo valuation models over county records and 9 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 comparables9

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 9 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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