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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial properties
719 Baltimore Pike Kennett Square, PA 19348-2414
Entity Owned
5-yr Hold
Free & Clear
Property ID
US73-0200984
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1725
Total area
3,375 SF
Lot
0.8 ac (34,792 SF)
Zoning code
R4
APN
6203 00630000
UPID
US73-0200984
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$510k
Owner & transaction history
Shg Properties LLC · 5 yrs held
Shg Properties LLC
since 2021
Last sale
$419,500
7 recorded transactions
Zoning & alternative use
R4 · Kennett Square, 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 Kennett Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennett Square 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
$540,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$770,000
Current use
AUTO REPAIR, GARAGE
$720,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $420k (Jan 22 2021)
Last sale anchor
$420k
Jan 22 2021
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
$151 / 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
$4,303
Tax year 2024
Assessed value
$105,520
Assessed 2024
Previous assessed
$105,520
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$54,060
Assessed improvement
$51,460
Land market value
$54,060
Improvement market value
$51,460
Total market value
$105,520
Applied tax rate
62.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1725
Heating
FORCED AIR
Cooling
NONE
Total area
3,375 SF
Lot
0.8 ac (34,792 SF)
Zoning code
R4
APN
6203 00630000
UPID
US73-0200984
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Kennett Square, PA
Zoning R4 · permitted uses
R4 · Kennett Square, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennett Square. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$720,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1725
Heating
FORCED AIR
Cooling
Yes
Lot
0.8 ac
Current owner
From public records · entity-resolved
Shg Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
719 W BALTIMORE PIKE, KENNETT SQUARE, PA 19348-2414
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 22, 2021
$419,500
Shg Properties LLC
Bellarena Ents LLC
Grant Deed
—
Mar 6, 2017
$360,000
Bellarena Enterprises LLC
C Richard Bacon
Deed
—
May 4, 2006
$271,590
Porter Howard
Harkins Property LLC
Other
$216,000 · American Home Bank NA
Apr 19, 2006
$187,192
Rp Group INC
Harkins Property LLC
Grant Deed
—
Apr 19, 2006
$150,000
Bacon C R
Rp Group INC
Grant Deed
—
Apr 5, 2006
$269,134
James Ferraro
Harkins Property LLC
Grant Deed
—
Dec 16, 2004
—
Manufacturers & Trustaders Trust Co
Harkins Property LLC
Grant Deed
related
$6,000,000 · Manufacturers Traders & Trust
Nov 24, 2003
$3,000,000
Harkins Property LLC
Martin,thomas E & Helen E
Grant Deed
$2,500,000 · Peoples Bank Oxford
—
—
Harkins Property LLC
—
Deed Of Trust
related
$2,500,000 · Manufacturers Traders & Trust
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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