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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Office buildings
9001 Gap Newport Pike, Avondale, PA 19311
Individually Owned
2-yr Hold
Free & Clear
Property ID
US73-0483638
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
2,322 SF
Lot
1.88 ac (82,023 SF)
Zoning code
UD
APN
6004 00330000
UPID
US73-0483638
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
$645k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$605k
Owner & transaction history
Charles L Wilkinson · 2 yrs held
Charles L Wilkinson
since 2023
Last sale
$579,908
5 recorded transactions
Zoning & alternative use
UD · Avondale, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$530,000
+22.7%
Auto repair, garage
$495,000
+14.9%
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
$695,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$430,000
Current use
COMMERCIAL (GENERAL)
$530,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$495,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $580k (Nov 16 2023)
Last sale anchor
$580k
Nov 16 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
$261 / 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
$8,354
Tax year 2024
Assessed value
$208,600
Assessed 2024
Previous assessed
$208,600
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$97,840
Assessed improvement
$110,760
Land market value
$97,840
Improvement market value
$110,760
Total market value
$208,600
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
8
Bathrooms
2
Total area
2,322 SF
Lot
1.88 ac (82,023 SF)
Zoning code
UD
APN
6004 00330000
UPID
US73-0483638
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
UD · Avondale, PA
Zoning UD · permitted uses
UD · 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
OFFICE BUILDING Current
Est. value
$430,000
COMMERCIAL (GENERAL)
Est. value
$530,000
AUTO REPAIR, GARAGE
Est. value
$495,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
8
Bathrooms
2
Lot
1.88 ac
Current owner
From public records · entity-resolved
Charles L Wilkinson
Individual
Free & Clear · 2 yrs held
Mailing address
1020 BROAD RUN RD, LANDENBERG, PA 19350-9348
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2023
$579,908
Charles L Wilkinson
Wilkinson Heritage LLC
Deed
—
May 22, 2002
$356,980
Robert A Shinn
Wilkinson Heritage LLC
Grant Deed
$150,000 · Wells Fargo Home Mortgage INC
Jun 18, 2001
$1,785,000
Wilkinson Heritage LLC
Losito,charles & Edith
Grant Deed
$6,500,000 · Wilmington Trust Co
—
—
Wilkinson Heritage LLC
—
Deed Of Trust
related
$768,840 · Wilmington Trust Co
—
—
Wilkinson Heritage LLC
—
Deed Of Trust
related
$840,000 · Maurice E & Barbara G
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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