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Property profile & analytics
FOR LEASE
Commercial real estate
804 E Baltimore Pike Kennett Square, PA 19348
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2400656
For Lease
1 / 2
$5,195,000
804 E Baltimore Pike, Kennett Square, PA 19348
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Total area
5,440 SF
Lot
2.2 ac (95,832 SF)
Zoning code
MU
APN
6106 00970000
UPID
US73-2400656
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
$5.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.20M
Owner & transaction history
Az Wilmington LLC · 3 yrs held
Az Wilmington LLC
since 2022
Last sale
$4.9M
5 recorded transactions
Zoning & alternative use
MU · 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
$5,515,000
ML approach
$5,475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.20M
Range $4.68M – $5.71M · ±10% · vs last sale $4.90M (Dec 27 2022)
Last sale anchor
$4.90M
Dec 27 2022
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
$955 / 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
$8,306
Tax year 2024
Assessed value
$210,480
Assessed 2024
Previous assessed
$210,480
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$199,350
Assessed improvement
$11,130
Land market value
$199,350
Improvement market value
$22,260
Total market value
$221,610
Applied tax rate
61.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1971
Heating
YES
Cooling
CENTRAL
Total area
5,440 SF
Lot
2.2 ac (95,832 SF)
Zoning code
MU
APN
6106 00970000
UPID
US73-2400656
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MU · Kennett Square, PA
Zoning MU · permitted uses
MU · 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.
Building & site characteristics
From public records
Year built
1971
Heating
YES
Cooling
Yes
Lot
2.2 ac
Current owner
From public records · entity-resolved
Az Wilmington LLC
Entity
Mailing address
20 S OLIVE ST, MEDIA, PA 19063-3228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2022
$4,900,000
Az Wilmington LLC
Kennett Conduit LLC
Deed
$1,000,000 · Kennett Conduit LLC
Apr 6, 2021
—
Department Of Transportation
Kennett Conduit LLC
Deed
—
Mar 13, 2008
$1,400,000
Kennet Conduit LLC
Martin F Lawrence
Deed
$2,000,000 · Manufacturers & Traders Trust Co
—
—
Martin F Lawrence
—
Deed Of Trust
related
$40,000 · First National Bank W Chester
—
—
Kennett Conduit LLC
—
Deed Of Trust
related
$2,460,000 · M&t Bk
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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