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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Apartment buildings
741 Walnut St West Chester, PA 19382-3671
Individually Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5788169
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
9,136 SF
Lot
0.67 ac (29,400 SF)
Zoning code
NC2
APN
0113 00200000
UPID
US73-5788169
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
$1.53M
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$1.88M
Owner & transaction history
Chester Off Campus Housin West · 22 yrs held
Chester Off Campus Housin West
since 2003
7 recorded transactions
Zoning & alternative use
NC2 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.0M
+75.7%
Office building
$2.6M
+49.6%
Commercial (general)
$2.5M
+46.4%
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 West Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Chester 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%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,735,000
Current use
AUTO REPAIR, GARAGE
$3,045,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$2,595,000
Change: +50% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,540,000
Change: +46% · Conversion: Moderate
RESTAURANT
$2,480,000
Change: +43% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,630,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±10%
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
$205 / 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
$31,480
Tax year 2024
Assessed value
$897,450
Assessed 2024
Previous assessed
$897,450
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$182,400
Assessed improvement
$715,050
Land market value
$182,400
Improvement market value
$725,410
Total market value
$907,810
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1971
Heating
YES
Cooling
WINDOW A/C
Buildings
2
Units
12
Total area
9,136 SF
Lot
0.67 ac (29,400 SF)
Zoning code
NC2
APN
0113 00200000
UPID
US73-5788169
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
NC2 · West Chester, PAZoning NC2 · permitted uses
NC2 · West Chester, 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
1971
Heating
YES
Cooling
Yes
Buildings
2
Units
12
Lot
0.67 ac
Current owner
From public records · entity-resolved
Chester Off Campus Housin West
Individual
Mailing address
327 S HIGH ST, WEST CHESTER, PA 19382-3336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Mar 5, 2024
—
Wcoch LLC
—
Deed
related
$7,000,000 · Wilmington Savings Fund Society Fsb
Dec 23, 2019
—
Wcoch LLC
—
Grant Deed
related
$45,600,000 · Bryn Mawr Tr
Nov 22, 2019
—
Wcoch LLC
—
Grant Deed
related
$38,500,000 · Bryn Mawr Tr
Nov 19, 2003
—
Chester Off Campus Housin West
West Chester Off Campus Housin
Quit Claim Deed
related
$1,950,000 · Stonebridge Bank
Nov 8, 2002
$1,300,000
Chester Off Campus Housin West
Rosewood Apartments Of Pa
Grant Deed
$300,000 · Frederick Pflieger
—
—
West Chester Off-campus Hsng L
—
Loan Modification
related
$28,500 · Bryn Mawr Tr
—
—
West Chester Off-campus Hsng L
—
Deed Of Trust
related
$28,500,000 · Private Individual
—
—
Chester Off-campus Hsng West
—
Deed Of Trust
related
$300,000 · Frederick Pflieger
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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