739 Secane RdSecane, PA 19018

  • Warehouses
  • 15,842 SF
For Sale
$975,000 View listing

Property Details for 739 Secane Rd

Year built
1940
Lot size
0.79 AC
Property size (Sq ft)
15,842 SF
Property type
Warehouses
APN
16-13-03061-00
APU
16130306100

Description

This exceptional investment opportunity presents a 15,842 square foot light industrial building situated at 739 Secane Road in Secane, Pennsylvania. Constructed circa 1950, the property boasts a unique multi-tenant configuration. A significant portion of the building, a two-story wing located on the west end, was previously occupied by a daycare and learning center, suggesting strong potential for similar uses or adaptive reuse. The original, single-story east wing currently serves as a storage area for a commercial tenant. Adding to the versatility, a newer single-story garage wing at the rear of the property offers additional storage capacity or the possibility of expansion. The building's layout provides flexibility for a variety of commercial uses, making it an attractive option for investors seeking a multi-tenant income stream or a single-user seeking ample space. The property is offered at $975,000 and sits on a lot with no acreage listed. This presents a rare chance to acquire a well-located, adaptable industrial property in a desirable Pennsylvania location. The property's history as a multi-tenant building, combined with its diverse space options, makes it an ideal investment for those seeking a strong return on investment. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,105,942
    Hospitality
    $4,677,016
    Educational
    $3,891,222
    Medical
    $4,025,047
    Retail
    $6,053,012

Location Insight

City
Primos
County
Delaware
State
Pennsylvania
Latitude
39.9224
Longitude
-75.2982
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
$29,915
$86,830
$620,520
$707,350
-
-
-
$707,350

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