103 Chesley DrMedia, PA 19063

Property Details for 103 Chesley Dr

Year built

1985

Lot size

1.50 AC

Property size (Sq ft)

15,120 SF

Property type

Office properties

Property subtype

Office buildings

APN

34-00-00721-26

APU

34000072126

Description

This exceptional 1,600-square-foot office space is ideally situated at 103 Chesley Drive, Unit 200, in Rose Valley, Pennsylvania, within Delaware County. The property, built in 1986 and zoned COMM, offers a versatile layout perfect for a variety of professional uses. Currently fully vacant, this second-floor suite boasts four private offices, a convenient kitchenette, and a spacious open area, providing ample room for both individual work and collaborative efforts. The space is equipped with Cat5 wiring for reliable internet service. The Chesley Office Complex provides excellent parking for tenants and staff. The asking rent is $19.75 per square foot, plus utilities (telephone, internet, proportionate share of electric, water, sewer, and janitorial). This finely renovated building offers attractive amenities and a convenient location, with easy access to the Blue Route and Baltimore Pike. The property's location makes it particularly well-suited for businesses such as law firms, accounting firms, or insurance agencies. This is a rare opportunity to secure a fully vacant, move-in ready office suite in a desirable location. The total building square footage is 1,600 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $6,461,864

  6.5%

  $5,964,798

  7%

  $5,538,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,206,554

  Geo Method

  $1,975,579

• Alternative Use

  Use

  Valuation

  Residential

  $7,396,350

  Hospitality

  $6,775,016

  Educational

  $5,636,734

  Medical

  $5,830,590

  Retail

  $8,768,253

Location Insight

City

Media

County

Delaware

State

Pennsylvania

Latitude

39.9155

Longitude

-75.3748

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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