1685 Baltimore PikeAvondale, PA 19311

  • Retail properties
  • 14,207 SF
For Sale
$2,300,000 View listing

Property Details for 1685 Baltimore Pike

Year built
1928
Lot size
2.80 AC
Property size (Sq ft)
14,207 SF
Zone code
HC
Property type
Retail properties
Property subtype
Auto shops
APN
6003 00080000
APU
600300080000

Description

This exceptional industrial property, located at 1685 W Baltimore Pike in Avondale, Pennsylvania, presents a significant investment opportunity. Boasting a substantial 14,207 square feet of space, this building sits on a generous 2.8-acre lot, providing ample room for operations and potential expansion. The property's prime location in Avondale offers easy access to major transportation routes, making it ideal for businesses requiring efficient logistics. The building itself is ready for immediate occupancy, though specific details regarding its internal layout and features are not currently available. Given its size and location, this property is well-suited for a variety of industrial uses, from warehousing and distribution to light manufacturing. The asking price of $2,300,000 reflects the significant value and potential this property offers. Serious inquiries are encouraged to explore this opportunity further and conduct a thorough due diligence process. This is a rare chance to acquire a substantial industrial property in a desirable location, offering significant potential for growth and return on investment. The expansive lot size also presents possibilities for future development or expansion of existing operations. Don't miss this chance to secure a prime piece of industrial real estate in Avondale, PA.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,227,752
    6.5%
    $6,671,772
    7%
    $6,195,216
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,152,068
    Geo Method
    $4,677,842
  • Alternative Use

    Use
    Valuation
    Residential
    $5,627,889
    Hospitality
    $5,155,116
    Educational
    $4,288,996
    Medical
    $4,436,501
    Retail
    $6,671,772
1685 Baltimore Pike, Avondale, Pennsylvania

Location Insight

City
Avondale
County
Chester
State
Pennsylvania
Latitude
39.8287
Longitude
-75.768
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
$21,506
$116,000
$420,990
$536,990
-
$116,000
$543,580
$659,580

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