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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    821 Lincoln Ave, Unit 4 West Chester, PA 19380-4445

    • Warehouses
    • 9,568 SF
    • 1.00 lot acres
    OFF-MARKET
    Last Sale
    Feb 13, 2025
    $1,580,000
    Value Estimations
    $1,455,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1085894
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CONWAY MECHANICAL / General Contractor
    • TRUTH GYM / Gym & Fitness Center

    Property Details for 821 Lincoln Ave

    Year built
    2003
    Lot size
    1.00 lot acres
    Property size
    9,568 SF
    Zone code
    I3
    Property type
    Warehouses
    APN
    5205 00220000
    APU
    520500220000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,630,000
      6.5%
      $1,505,000
      7%
      $1,400,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,002,000
      Market price range: $721k - $2.39M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,710,000
      Current use
      OFFICE BUILDING
      $2,065,000
      Change: +21% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,815,000
      Change: +6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.593
    Latitude
    39.9727
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,588
    $120,230
    $348,520
    $468,750
    -
    $120,230
    $380,130
    $500,360

    Comparable in this City

    • Value Estimation
      $1,355,000
      9,616 SF

      1132 Greenhill Rd

      WAREHOUSE, STORAGE • 9,616 SF
      1132 Greenhill Rd, West Chester, PA 19380-4053
      View Details
    • Value Estimation
      $6,210,000
      11,400 SF

      200 King Rd

      WAREHOUSE, STORAGE • 11,400 SF
      200 King Rd, West Chester, PA 19380-1320
      View Details
    • Value Estimation
      $5,470,000
      76,524 SF

      808 Lincoln Ave

      WAREHOUSE, STORAGE • 76,524 SF
      808 Lincoln Ave, West Chester, PA 19380
      View Details
    • Value Estimation
      $2,835,000
      23,400 SF

      840 Lincoln Ave, Unit 6

      WAREHOUSE, STORAGE • 23,400 SF
      840 Lincoln Ave, West Chester, PA 19380-4406
      View Details
    • Value Estimation by Request
      82,182 SF

      700 Old Fern Hl Rd

      WAREHOUSE, STORAGE • 82,182 SF
      700 Old Fern Hl Rd, West Chester, PA 19380-4274
      View Details
    • Value Estimation
      $1,665,000
      17,101 SF

      1139 Phoenixville Pike

      WAREHOUSE, STORAGE • 17,101 SF
      1139 Phoenixville Pike, West Chester, PA 19380-4215
      View Details

    Similar Nearby for Sale

    • $3,584,000
      25,600 SF

      West Chester Flex Industrial Building

      Multi-tenanted flex industrial building with office space and warehouse.
      1109 Saunders Ct, West Chester, PA 19380
      View Details
    • Contact for pricing
      10,000 SF

      Highway Accessible Flex/Industrial Space

      Flex/industrial space with highway access and loading docks.
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    • Contact for pricing
      19,800 SF

      West Chester Flex Building Opportunity

      Proposed 19,800 SF flex building on 4.4 acres.
      1035 Saunders Ln, West Chester, PA 19380
      View Details
    • Contact for pricing
      13,500 SF

      West Chester Flex/Industrial Space

      Renovated flex/industrial space with high ceilings and convenient access.
      1247 Ward Ave, West Chester, PA 19380
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    • $1,400,000
      11,546 SF

      West Chester Flex Space Available

      11,546 SF flex space with ample parking.
      323 S Matlack St, West Chester, PA 19380
      View Details
    • $4,000,000
      19,043 SF

      West Chester Flex Condo Building

      Class A office/flex condo building for sale in West Chester.
      900 Airport Rd, West Chester, PA 19380
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    Similar Nearby for Lease

    • $13 SF/Yr
      5,900 SF

      West Chester Flex Space Available

      5,900 SF flex space with easy highway access.
      895 Fernhill Rd, West Chester, PA 19380
      View Details
    • $875,000
      8,100 SF

      West Chester Flex Condominium

      8,100 SF flex condominium with warehouse space for sale.
      835 Lincoln Ave, West Chester, PA 19380
      View Details
    • Contact for pricing
      3,342 SF

      Industrial Space in West Chester

      Industrial property available for lease in West Chester, PA.
      675 Tower Ln, West Chester, PA 19380
      View Details
    • $15 SF/Yr
      3,200 SF

      Prime Flex Space Available

      3,200 SF flex space with drive-in door and mezzanine.
      829-839 Lincoln Ave, West Chester, PA 19380
      View Details
    • Contact for pricing
      295,000 SF

      West Goshen Shopping Center - Retail Space

      Prime Chester County Retail Space Available
      909 Paoli Pike, West Chester, PA 19380
      View Details
    • Contact for pricing
      650 SF

      Chestnut Street Executive Office

      Historic Charm, Modern Amenities
      127 Chestnut St, West Chester, PA 19380
      View Details
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    821 Lincoln Ave, Unit 4
    West Chester, PA 19380-4445
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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