Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,370,000
Warehouses
9345 Princeton Glendale Rd West Chester, OH 45011-9707
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US66-1426668
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
90,000 SF
Lot
4.53 ac (197,457 SF)
APN
M5610-007.000-009
UPID
US66-1426668
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
$6.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.37M
Owner & transaction history
Dp 153 LLC · 2 yrs held
Dp 153 LLC
since 2024
Last sale
$6.4M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.2M
+129.7%
Neighborhood: shopping center
$10.0M
+124.2%
Auto repair, garage
$7.4M
+67.4%
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
$6,370,000
ML approach
$6,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,440,000
Current use
MEDICAL BUILDING
$10,195,000
Change: +130% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,955,000
Change: +124% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,430,000
Change: +67% · Conversion: Easy
OFFICE BUILDING
$6,170,000
Change: +39% · Conversion: Difficult
RETAIL STORES
$5,885,000
Change: +33% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,435,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$6.37M
Range $5.73M – $7.01M · ±10% · vs last sale $6.37M (Jan 3 2024)
Last sale anchor
$6.37M
Jan 3 2024
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
$71 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$69,034
Tax year 2023
Assessed value
$1,140,650
Assessed 2023
Previous assessed
$968,850
+17.7% YoY
Effective rate
6.05%
On assessed value
Assessed land
$109,840
Assessed improvement
$1,030,810
Land market value
$313,820
Improvement market value
$2,945,160
Total market value
$3,258,980
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
1983
Heating
HOT WATER
Cooling
NONE
Stories
2
Total area
90,000 SF
Lot
4.53 ac (197,457 SF)
APN
M5610-007.000-009
UPID
US66-1426668
Jurisdiction
BUTLER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$10.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.0M
AUTO REPAIR, GARAGE
Est. value
$7.4M
OFFICE BUILDING
Est. value
$6.2M
RETAIL STORES
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1983
Heating
HOT WATER
Cooling
Yes
Stories
2
Lot
4.53 ac
Current owner
From public records · entity-resolved
Dp 153 LLC
Entity
Mailing address
9345 PRINCETON GLENDALE RD, WEST CHESTER, OH 45011-9707
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
$6,367,500
Dp 153 LLC
Princeton Glendale LLC
Limited Warranty Deed
$30,100,000 · Webster Bank NA
Jun 10, 2009
—
Princeton Glendale LLC
First Industrial Harrisburg
Grant Deed
$77,000,000 · John Hancock Life Insurance Co
Aug 22, 2006
—
Industrial Harrisburg First
Renrel V Investments
Grant Deed
related
—
Dec 23, 2005
—
Renrel V Investments
2801 Ents Pll
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9345 Princeton Glendale Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
