390 Reed RdBroomall, PA 19008

  • Office buildings
  • 20,179 SF
For Lease
$15/SF/YR View listing

Property Details for 390 Reed Rd

Year built
1980
Lot size
2.14 AC
Property size (Sq ft)
20,179 SF
Property type
Office buildings
APN
25-00-03921-07
APU
25000392107

Description

This exceptional office space is located at 390 Reed Road in Broomall, Pennsylvania. While the exact square footage is currently unavailable, this property presents a unique opportunity for businesses seeking a presence in this desirable location. The property is situated on a lot with no acreage specified. The building type is designated as an office space, making it ideal for a variety of professional uses. The asking price is currently undisclosed. Interested parties are encouraged to inquire for further details regarding pricing and square footage. This property offers a strategic advantage for businesses looking to establish or expand their operations in Broomall. Its convenient location provides easy access to major transportation routes, ensuring seamless commutes for employees and clients. The surrounding area boasts a vibrant business community and a wealth of amenities, making it an attractive location for both businesses and their employees. Further information, including specifics on lease terms and available amenities, can be obtained upon request. Don't miss this chance to secure a prime office space in a thriving Pennsylvania community. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,623,940
    6.5%
    $7,960,560
    7%
    $7,391,948
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,279,434
    Geo Method
    $2,636,588
  • Alternative Use

    Use
    Valuation
    Residential
    $9,871,094
    Hospitality
    $9,041,869
    Educational
    $7,522,729
    Medical
    $7,781,447
    Retail
    $11,702,023

Location Insight

City
Broomall
County
Delaware
State
Pennsylvania
Latitude
39.958
Longitude
-75.3425
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,360
$281,710
$1,243,680
$1,525,390
-
-
-
$1,525,390

FAQs

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