335 Baltimore AveMedia, PA 19063

  • Office buildings
  • 2,614 SF
For Sale
$550,000 View listing

Property Details for 335 Baltimore Ave

Year built
1920
Lot size
0.11 AC
Property size (Sq ft)
2,614 SF
Property type
Office buildings
APN
26-00-00144-00
APU
26000014400

Description

This exceptional 2,400 square foot office building located at 335 W Baltimore Avenue in Media, Pennsylvania, presents a unique investment opportunity. Currently configured as a three-story office space, this property offers remarkable versatility. The building's zoning allows for a variety of uses, including conversion into a single-family home or a multi-family dwelling, catering to diverse investment strategies and potential rental income streams. The asking price is $550,000. Note that this listing refers to one of two adjacent buildings

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,117,150
    6.5%
    $1,031,216
    7%
    $957,558
  • Comparable approach

    Method
    Valuation
    Relative Method
    $554,361
    Geo Method
    $341,545
  • Alternative Use

    Use
    Valuation
    Residential
    $1,278,708
    Hospitality
    $1,171,289
    Educational
    $974,499
    Medical
    $1,008,013
    Retail
    $1,515,887

Location Insight

City
Media
County
Delaware
State
Pennsylvania
Latitude
39.9179
Longitude
-75.3944
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
$8,018
$246,490
$148,010
$394,500
-
-
-
$394,500

FAQs

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