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Property profile & analytics
FOR LEASE
Warehouses
895 Fernhill Rd West Chester, PA 19380
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-5935316
For Lease
1 / 2
$13.50 SF/Yr
895 Fernhill Rd, West Chester, PA 19380
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Property summary
AI-generated overview
This brand-new, 13,000-square-foot industrial building in West Chester, Pennsylvania, offers flexible space ideal for various businesses. Located at 895 Fern Hill Rd, 19380, this 2024-built property boasts 10,400 square feet of immediately available space, divisible into units ranging from 2,600 to 10,400 contiguous square feet. Each 2,600-square-foot unit includes office space and a single ADA-compliant restroom. The building features twelve 12'x12' drive-in doors, providing convenient access for loading and unloading. Three-phase power is available throughout. Situated just outside the West Chester Borough, this prime location offers excellent accessibility and visibility. The property is move-in ready in September 2024, presenting a unique opportunity for businesses seeking modern, efficient warehouse or flex space in Chester County. The building is classified as industrial with flex and warehouse subtypes and currently has multiple tenancies available.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
17,820 SF
Lot
2.2 ac (95,832 SF)
Zoning code
I2
APN
5203 017101C0
UPID
US73-5935316
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
Current use
Occupant on record · Public records
-
Steel Trove Industrial Manufacturer Production Facility
-
Mannion Fabrication Metal Fabrication Plant Factory
-
Blue Box Studio Art Gallery
-
Mannion Coatings Powder Coating Service Sandblasting Service
-
Komorowski | General Contracting | Woodworks | Home Renovation Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
$2.81M
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$3.61M
Owner & transaction history
895 Fern Hill Road LLC · 4 yrs held
895 Fern Hill Road LLC
since 2022
Last sale
$3.6M
3 recorded transactions
Zoning & alternative use
I2 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.9M
+86.8%
Commercial (general)
$5.3M
+66.8%
Restaurant
$5.2M
+62.1%
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
$4,440,000
ML approach
$4,465,000
CAP Approach
CAP Return
Estimation
6%
$3,040,000
6.5%
$2,805,000
7%
$2,605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,180,000
Current use
AUTO REPAIR, GARAGE
$5,945,000
Change: +87% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,305,000
Change: +67% · Conversion: Difficult
RESTAURANT
$5,155,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$3,845,000
Change: +21% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,385,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$3.61M
Range $3.25M – $3.97M · ±10% · vs last sale $3.57M (Jan 21 2022)
Last sale anchor
$3.57M
Jan 21 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
$203 / 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
$19,054
Tax year 2024
Assessed value
$657,320
Assessed 2024
Previous assessed
$657,320
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$264,000
Assessed improvement
$393,320
Land market value
$264,000
Improvement market value
$408,900
Total market value
$672,900
Applied tax rate
52.0000
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
For Lease
Year built
1973
Heating
FORCED AIR
Cooling
NONE
Total area
17,820 SF
Lot
2.2 ac (95,832 SF)
Zoning code
I2
APN
5203 017101C0
UPID
US73-5935316
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · West Chester, PA
Zoning I2 · permitted uses
I2 · West Chester, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Chester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$5.9M
COMMERCIAL (GENERAL)
Est. value
$5.3M
RESTAURANT
Est. value
$5.2M
OFFICE BUILDING
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1973
Heating
FORCED AIR
Cooling
Yes
Lot
2.2 ac
Current owner
From public records · entity-resolved
895 Fern Hill Road LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1060 N NEW ST, WEST CHESTER, PA 19380-3899
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$3,572,224
895 Fern Hill Road LLC
John F Dulin JR
Deed
—
Jun 17, 2005
$1,315,000
John F Dulin JR.
Howell Manufacturing
Grant Deed
—
—
—
Howell Manufacturing Co
—
Deed Of Trust
related
$300,000 · Stonebridge 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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