77 Chester PikeDarby, PA 19023

Property Details for 77 Chester Pike

Year built

1930

Lot size

0.45 AC

Property size (Sq ft)

6,560 SF

Property type

Auto shops

APN

14-00-00329-00

APU

14000032900

Description

This exceptional 6,560 square foot automotive business opportunity is situated on a highly visible 0.45-acre lot in Darby, Pennsylvania. Boasting approximately 250 feet of frontage on Chester Pike, this property ensures maximum exposure to a high volume of daily traffic. A prominent 22x6 lighted billboard further enhances visibility, guaranteeing your business stands out. The spacious lot comfortably accommodates 50 to 60 vehicles, providing ample room for showcasing your inventory. Inside, a well-appointed showroom features six individual offices, offering a professional environment for client meetings and business operations. A significant advantage is the inclusion of a five-bay service facility attached to the main building. Currently leased on a month-to-month basis, this facility offers potential for additional income streams or can be delivered vacant upon request, providing flexibility for the new owner. This turnkey operation presents a rare chance to acquire a thriving automotive business location with exceptional visibility and significant potential for growth. The property is priced at $799,900.

• CAP approach

  CAP return

  Valuation

  6%

  $2,715,360

  6.5%

  $2,506,486

  7%

  $2,327,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,159,966

  Geo Method

  $2,159,966

• Alternative Use

  Use

  Valuation

  Residential

  $2,114,315

  Hospitality

  $1,936,701

  Educational

  $1,611,313

  Medical

  $1,666,728

  Retail

  $2,506,486

Location Insight

City

Darby

County

Delaware

State

Pennsylvania

Latitude

39.9159

Longitude

-75.2643

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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