1023 Baltimore PikeMedia, PA 19063

  • Office buildings
  • 36,529 SF

Property Details for 1023 Baltimore Pike

Year built
1987
Lot size
2.17 AC
Property size (Sq ft)
36,529 SF
Property type
Office buildings
APN
27-00-00020-00
APU
27000002000

Description

One Media Plaza, located at 1023 E Baltimore Pike in Media, Pennsylvania (zip code 19063), offers exceptional executive office space for lease. This Delaware County property boasts a total of 6,764 square feet, currently entirely vacant and available for immediate occupancy. The building is configured to accommodate multiple tenants, with spaces ranging from a minimum of 1,221 square feet to a maximum contiguous space of 3,389 square feet. This flexibility allows for businesses of various sizes to find a suitable fit. The property offers ample parking, with a ratio of four parking spaces per 1,000 square feet of office space. The building's classification as "Executive Office" suggests a high-quality finish and amenities, ideal for businesses seeking a professional and prestigious location. The address is conveniently situated in Media, providing easy access to major transportation routes and local amenities. Interested parties are encouraged to inquire about lease terms and available space configurations. This is a unique opportunity to secure prime office space in a desirable Delaware County location. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,611,472
    6.5%
    $14,410,589
    7%
    $13,381,262
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,746,839
    Geo Method
    $4,772,879
  • Alternative Use

    Use
    Valuation
    Residential
    $17,869,130
    Hospitality
    $16,368,028
    Educational
    $13,618,007
    Medical
    $14,086,351
    Retail
    $21,183,566

Location Insight

City
Media
County
Delaware
State
Pennsylvania
Latitude
39.916
Longitude
-75.4221
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
$67,607
$823,300
$2,673,610
$3,496,910
-
-
-
$3,496,910

FAQs

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