146 Conchester HwyAston, PA 19014

  • Retail properties
  • 5,120 SF
For Lease

Property Details for 146 Conchester Hwy

Year built
1960
Lot size
5.39 AC
Property size (Sq ft)
5,120 SF
Property type
Retail properties
Property subtype
Auto shops
APN
09-00-01040-00
APU
9000104000

Description

This exceptional 5.5-acre industrial property, located in Aston, Delaware County, presents a unique investment opportunity. The site boasts a 5,120 square foot building, currently vacant and available in its entirety or divisible to a minimum of 2,000 square feet. Built in 1960, the single-story structure features an impressive 18-foot ceiling height and three drive-in bays, ideal for various industrial uses. The property benefits from heavy power and is zoned for industrial purposes. With a 500-foot frontage on State Route 322 (a high-traffic route with 38,000 vehicles per day), this location offers unparalleled access to major transportation arteries. Its strategic position provides easy access to I-95, facilitating efficient connections to Philaport, Philadelphia International Airport, Penn Terminals, CSX Twin Oaks Railyard, and the Port of Wilmington. The property's versatility allows for a wide range of uses, including trucking, equipment storage, service and repair operations, rentals/sales, contracting, and various outdoor storage applications. The property's APN is 09-00-01040-00. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving Delaware County submarket.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,216,572
    6.5%
    $2,969,144
    7%
    $2,757,062
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,736,259
    Geo Method
    $1,685,828
  • Alternative Use

    Use
    Valuation
    Residential
    $2,504,584
    Hospitality
    $2,294,186
    Educational
    $1,908,735
    Medical
    $1,974,380
    Retail
    $2,969,144
146 Conchester Hwy, Aston, Pennsylvania

Location Insight

City
Aston
County
Delaware
State
Pennsylvania
Latitude
39.8434
Longitude
-75.4191
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
$36,763
$1,019,130
$87,370
$1,106,500
-
-
-
$1,106,500

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