1313 Lord Sterling RdWashington Crossing, PA 18977

Property Details for 1313 Lord Sterling Rd

Year built

1940

Lot size

0.39 AC

Property size (Sq ft)

3,639 SF

Zone code

VC

Property type

Office properties

Property subtype

Office buildings

APN

47-022-160-001

APU

47022160001

Description

This 1.678-acre lot, situated at the southwest quadrant of I-64 and Lawrenceburg Road (Exit 53-A), offers convenient industrial outdoor storage between Lexington and Louisville. The property is fully fenced and graveled, providing a secure environment for various storage applications. Its zoning designation is IC (Light Industrial), making it suitable for a range of businesses. The location is particularly advantageous for trucking companies requiring trailer storage, RV storage facilities, businesses needing space for heavy equipment, and landscaping companies needing secure storage for their materials and machinery. The lot's size is approximately 72,745 square feet, providing ample space for a variety of storage needs. Its accessibility from I-64 ensures easy access for clients and transportation of stored items. The property is a single-tenant lot, offering exclusive use to the lessee. This presents a unique opportunity for businesses seeking a secure and conveniently located outdoor storage solution in a high-traffic area. The precise coordinates are 38.156434, -84.903257.

• CAP approach

  CAP return

  Valuation

  6%

  $601,635

  6.5%

  $555,356

  7%

  $515,687

• Comparable approach

  Method

  Valuation

  Relative Method

  $475,472

  Geo Method

  $475,472

• Alternative Use

  Use

  Valuation

  Residential

  $688,641

  Hospitality

  $630,792

  Educational

  $524,811

  Medical

  $542,860

  Retail

  $816,373

Location Insight

City

Washington Crossing

County

Bucks

State

Pennsylvania

Latitude

40.2925

Longitude

-74.8689

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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