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Property profile & analytics
OFF-MARKET
Estimated value
$3,355,000
Warehouses
8788 Gap Newport Pike Avondale, PA 19311
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1870687
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Total area
32,764 SF
Lot
1.9 ac (82,764 SF)
Zoning code
CI2
APN
6003 01850000
UPID
US73-1870687
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
$3.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.36M
Owner & transaction history
Pagoda Holdings LP · 3 yrs held
Pagoda Holdings LP
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
CI2 · Avondale, 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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
$3,520,000
ML approach
$3,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,380,000
Current use
INDUSTRIAL (GENERAL)
$4,165,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$3.36M
Range $3.02M – $3.69M · ±10% · vs last sale $3.20M (Jul 5 2023)
Last sale anchor
$3.20M
Jul 5 2023
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
$102 / 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
$44,068
Tax year 2024
Assessed value
$1,100,360
Assessed 2024
Previous assessed
$1,100,360
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$98,180
Assessed improvement
$1,002,180
Land market value
$98,180
Improvement market value
$1,036,130
Total market value
$1,134,310
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1977
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Total area
32,764 SF
Lot
1.9 ac (82,764 SF)
Zoning code
CI2
APN
6003 01850000
UPID
US73-1870687
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CI2 · Avondale, PA
Zoning CI2 · permitted uses
CI2 · Avondale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$4.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
1977
Heating
FORCED AIR
Cooling
Yes
Buildings
4
Lot
1.9 ac
Current owner
From public records · entity-resolved
Pagoda Holdings LP
Entity
Mailing address
2362 BALTIMORE PIKE, OXFORD, PA 19363-3932
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
$3,200,000
Pagoda Holdings LP
Kennett Square Mushroom Holdings Ll
Deed
$3,700,000 · Meridian Bank
Oct 25, 2021
$3,907,267
Kennett Square Mushroom Holdings Ll
C & C Entity LP
Special Warranty Deed
—
Oct 25, 2021
$4,470,170
Kenneti Square Mushroom Holdings Ll
Cardile Mushrooms C&m LLC
Special Warranty Deed
—
Jul 26, 2018
$2,000,000
Cardile Mushrooms C & M LLC
Cardile Mushrooms INC
Grant Deed
related
—
Mar 11, 2004
—
Cardile Mushrooms INC
—
Grant Deed
related
$4,000,000 · Fulton Bank
Oct 29, 2001
—
Cardile Mushrooms INC
—
Trustees Deed
related
$1,350,000 · First National Bank Chester
—
—
Cardile Mushrooms C & M LLC
—
Loan Modification
related
$5,000,000 · Community Fsb
—
—
George E Regester IV
—
Deed Of Trust
related
$500,000 · Meridian Bank
—
—
Cardile Mushrooms C & M LLC
—
Deed Of Trust
related
$500,000 · Cfs-4 IV LLC
—
—
Cardile Mushrooms INC
—
Deed Of Trust
related
$350,000 · First National Bank Chester
—
—
Cardile Mushrooms C & M LLC
—
Deed Of Trust
related
$5,400,000 · Community Fsb
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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