480 Conchester HwyAston, PA 19014

Property Details for 480 Conchester Hwy

Year built

1990

Lot size

2.00 AC

Property size (Sq ft)

14,600 SF

Property type

Parking lots & garages

APN

09-00-01047-01

APU

9000104701

Description

This exceptional investment opportunity presents Stoney Pond Plaza, a 14,400-square-foot shopping center located at 480 Conchester Highway in Aston, Pennsylvania (zip code 19014). The property sits on a 1.9-acre lot and boasts a strong 5.78% capitalization rate, generating a net operating income (NOI) of $260,000. Priced at $4,500,000 ($312.50 per square foot), this net-lease property offers a stable income stream from a diverse mix of retail and medical tenants. Currently, the center enjoys near full occupancy with twelve individual units. The property features 95 parking spaces and offers significant potential for further development, including a drive-thru option. With 295 feet of frontage on Conchester Highway, the center benefits from high visibility and accessibility in a densely populated area of Delaware County. An approved 0.7-acre pad site provides additional expansion opportunities within this thriving commercial corridor. This prime location in a densely populated Philadelphia suburb ensures consistent traffic and strong tenant demand, making Stoney Pond Plaza an attractive investment for discerning buyers seeking a stable, high-return property.

• CAP approach

  CAP return

  Valuation

  6%

  $9,172,258

  6.5%

  $8,466,700

  7%

  $7,861,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,802,614

  Geo Method

  $4,807,242

• Alternative Use

  Use

  Valuation

  Residential

  $7,141,978

  Hospitality

  $6,542,014

  Educational

  $5,442,878

  Medical

  $5,630,067

  Retail

  $8,466,700

Location Insight

City

Aston

County

Delaware

State

Pennsylvania

Latitude

39.848

Longitude

-75.4355

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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