277 Baltimore PikeMedia, PA 19063

Property Details for 277 Baltimore Pike

Year built

1990

Lot size

2.83 AC

Property size (Sq ft)

8,033 SF

Property type

Office properties

Property subtype

Office buildings

APN

06-00-00004-01

APU

6000000401

Description

This exceptional 5,422 sq ft property, situated on nearly three acres in Media, PA (Chester Heights Borough), presents a unique blend of historical charm and modern functionality, ideal for discerning business owners. Boasting versatile office space with an active variance, this estate offers ample room for operations, complemented by convenient employee or customer parking. The property features a new roof (2020) with a 50-year warranty, new windows, vinyl siding, and a brand-new 12' x 18' shed (2023). A spacious workshop area provides additional functionality, while a 4-zone hydronic heating system (with potential for a 5th zone) and mini-split units ensure climate control. Extensive storage is available in the attic and basement, with a partially finished attic offering expansion possibilities. Industrial-standard three-phase electric power is available. Benefit from high visibility on Baltimore Pike, with approximately 30,000 vehicles passing daily (per the 2023 Traffic Monitoring Report). Enjoy easy access to the Wawa Regional Rail Station, Philadelphia International Airport (30 minutes away), and major highways (I-95 and the Blue Route). Originally granted by William Penn circa 1700 and formerly known as the Mardon House, this property seamlessly blends historical significance with modern upgrades. This is a must-see for businesses seeking space, functionality, and prime visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $3,433,079

  6.5%

  $3,168,996

  7%

  $2,942,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,703,588

  Geo Method

  $1,049,592

• Alternative Use

  Use

  Valuation

  Residential

  $3,929,555

  Hospitality

  $3,599,452

  Educational

  $2,994,702

  Medical

  $3,097,694

  Retail

  $4,658,424

Location Insight

City

Media

County

Delaware

State

Pennsylvania

Latitude

39.8997

Longitude

-75.4677

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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