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Property profile & analytics
OFF-MARKET
Estimated value
$6,605,000
Flex space
740 Cypress St Kennett Square, PA 19348-2235
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-0900226
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1951
Total area
75,172 SF
Lot
8.34 ac (363,073 SF)
Zoning code
CI
APN
6002 00980000
UPID
US73-0900226
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
by Request
CAP Approach
CAP
$8.49M
Comparable Approach
Comparable
$5.52M
Blend (final)
Blend
$6.61M
Owner & transaction history
Kaolin Re Holdings Corp · 9 yrs held
Kaolin Re Holdings Corp
since 2017
Last sale
$6.2M
7 recorded transactions
Zoning & alternative use
CI · Kennett Square, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$10.1M
+5.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,200,000
6.5%
$8,490,000
7%
$7,885,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,550,000
Current use
WAREHOUSE, STORAGE
$10,050,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$6.61M
Range $5.94M – $7.27M · ±10% · vs last sale $6.20M (Jul 1 2025)
Last sale anchor
$6.20M
Jul 1 2025
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
$88 / 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
$39,880
Tax year 2024
Assessed value
$995,800
Assessed 2024
Previous assessed
$995,800
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$245,270
Assessed improvement
$750,530
Land market value
$245,270
Improvement market value
$754,910
Total market value
$1,000,180
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
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1951
Heating
YES
Cooling
NONE
Buildings
3
Total area
75,172 SF
Lot
8.34 ac (363,073 SF)
Zoning code
CI
APN
6002 00980000
UPID
US73-0900226
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CI · Kennett Square, PA
Zoning CI · permitted uses
CI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$10.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1951
Heating
YES
Cooling
Yes
Buildings
3
Lot
8.34 ac
Current owner
From public records · entity-resolved
Kaolin Re Holdings Corp
Entity
Mailing address
649 WS ST, KENNETT SQUARE, PA 19348-3417
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
Kaolin Re Holdings Corp
—
Grant Deed
related
$175,000,000 · Cooperatieve Rabobank Ua
Dec 29, 2017
—
Kaolin Re Holdings Corp
—
Grant Deed
related
$136,200,000 · Royal Bk/canada
May 31, 2017
—
Kaolin Re Holdings Corp
South Mill Intl Foods LP
Grant Deed
related
—
May 30, 2017
$150,000
Kaolin Holding Co LP
South Mill Intl Foods LP
Grant Deed
—
May 19, 2017
$4,000,000
Kaolin Re Holdings Corporation
South Mill International Foods LP
Special Warranty Deed
—
Nov 25, 2013
$2,500,000
South Mill Intl Foods LP
Schwartz,nathan G & Ethan
Grant Deed
$2,000,000 · M & T Bank
May 11, 2005
—
Ethan Schwartz
Schwartz,nathan G
Quit Claim Deed
related
—
—
—
Nathan Schwartz
—
Deed Of Trust
related
$350,000 · First Union National 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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