801 Yale AveSwarthmore, PA 19081

  • Office properties
  • 945 SF
For Sale
$199,999 View listing

Property Details for 801 Yale Ave

Year built
1969
Property size (Sq ft)
945 SF
Property type
Office properties
APN
43-00-01729-00
APU
43000172900

Description

This exceptional 945-square-foot commercial space presents a unique investment opportunity in the desirable Swarthmore, PA, location. Situated on the ground floor of The Strath Haven Condominium complex, adjacent to Swarthmore College, this unit boasts a prime location with easy access to public transportation and nearby amenities. Currently configured as professional offices, the space features four private offices, two workstations, two powder rooms, and a convenient kitchenette. Two separate entrances provide flexibility and convenience, one directly from the parking lot and another from the building's lobby. Ample parking is available just steps away. The unit's versatility extends beyond its current office layout

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $403,867
    6.5%
    $372,800
    7%
    $346,171
  • Comparable approach

    Method
    Valuation
    Relative Method
    $200,410
    Geo Method
    $123,474
  • Alternative Use

    Use
    Valuation
    Residential
    $462,272
    Hospitality
    $423,439
    Educational
    $352,296
    Medical
    $364,412
    Retail
    $548,016

Location Insight

City
Swarthmore
County
Delaware
State
Pennsylvania
Latitude
39.8969
Longitude
-75.3548
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
$4,015
$22,680
$88,740
$111,420
-
-
-
$111,420

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