This exceptional 1990-built commercial property, located at 1376 Naamans Creek Road in Garnet Valley, Pennsylvania, presents a unique investment opportunity. Currently vacant, this 1 square foot storefront offers significant potential for a variety of uses, ideally suited for medical or retail businesses. Previously operating as a dental office, the space benefits from its established infrastructure and convenient location within Delaware County. The asking price is $1,595,000. Ample parking is available with 33 spaces, ensuring convenient access for both staff and clients. The property's classification as both storefront and medical office makes it highly versatile, catering to a broad range of potential tenants. Its strategic location in Garnet Valley, PA, 19060, provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential in a thriving market. The property's vacant status allows for immediate customization and tenant improvements to suit the buyer's specific needs. Serious inquiries are encouraged to explore this promising investment prospect further. The property is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,897,532
6.5%
$1,751,568
7%
$1,626,456
Comparable approach
Method
Valuation
Relative Method
$941,607
Geo Method
$580,130
Alternative Use
Use
Valuation
Residential
$2,171,944
Hospitality
$1,989,489
Educational
$1,655,232
Medical
$1,712,157
Retail
$2,574,804
Location Insight
City
Garnet Valley
County
Delaware
State
Pennsylvania
Latitude
39.8399
Longitude
-75.4953
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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