250 Lancaster AvePaoli, PA 19301

  • Office properties
  • 2,000 SF
For Sale
$339,000 View listing

Property Details for 250 Lancaster Ave

Year built
1984
Property size (Sq ft)
2,000 SF
Zone code
OP
Property type
Office properties
APN
5401K00810000
APU
5401K00810000

Description

This exceptional 1,288 square foot office condominium is ideally situated at 250 West Lancaster Avenue, Unit 300, in Paoli, Pennsylvania. Its prime location directly across from Paoli Hospital presents a unique opportunity for medical professionals or related businesses. The spacious layout is well-suited for a variety of uses, making it an excellent choice for a doctor's office, dentist's office, or insurance agency. The condo is offered at $339,000 and represents a significant investment in a high-demand area. The property sits on a 0-acre lot, offering convenient access and minimal exterior maintenance. The building's location provides easy access to major roadways, ensuring convenient commutes for both staff and clients. This turnkey office space is ready for immediate occupancy, offering a rare combination of location, size, and price. The property's proximity to Paoli Hospital guarantees high visibility and a steady stream of potential clients. This is an exceptional opportunity to establish or expand a thriving business in a highly desirable location. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Don't miss out on this chance to own a thriving office space in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $551,870
    6.5%
    $509,419
    7%
    $473,031
  • Comparable approach

    Method
    Valuation
    Relative Method
    $274,381
    Geo Method
    $261,320
  • Alternative Use

    Use
    Valuation
    Residential
    $631,679
    Hospitality
    $578,615
    Educational
    $481,400
    Medical
    $497,957
    Retail
    $748,845

Location Insight

City
Paoli
County
Chester
State
Pennsylvania
Latitude
40.0416
Longitude
-75.4988
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
$4,711
-
$165,360
$165,360
-
-
$165,360
$165,360

FAQs

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