1376 Naamans Creek RdGarnet Valley, PA 19060

Property Details for 1376 Naamans Creek Rd

Year built

1974

Lot size

1.02 AC

Property size (Sq ft)

4,440 SF

Property type

Office properties

Property subtype

Office buildings

APN

03-00-00401-00

APU

3000040100

Description

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.

• 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

Property Tax & Assessments

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