12 Union StCoatesville, PA 19320

  • Office properties
  • 33,224 SF
For Lease
$2/SF/YR View listing

Property Details for 12 Union St

Year built
1946
Lot size
2.40 AC
Property size (Sq ft)
33,224 SF
Zone code
I
Property type
Office properties
Property subtype
Office buildings
APN
1004 00440000
APU
100400440000

Description

This Union Street property offers eight available warehouse units, ideal for various industrial uses. The building, classified as Class C, comprises a single structure with no elevators. Unit sizes range from a compact 604 square feet to a substantial 9,588 square feet, providing flexibility for businesses of all scales. The property's location at the intersection of Union Street and Modena Road offers convenient access for loading and unloading, a crucial factor for efficient logistics and distribution operations. The high ceilings and adaptable layouts within each unit are well-suited for a variety of applications, including storage, distribution, manufacturing, assembly, e-commerce fulfillment, and light manufacturing. This makes it an attractive option for businesses seeking to expand their operations or establish a central hub. The multiple tenancy structure allows for diverse occupancy, creating a dynamic and potentially collaborative environment. The property's suitability for various industrial needs makes it a strong contender for businesses seeking a functional and strategically located warehouse space. The available units offer a compelling opportunity to secure a well-positioned industrial space in a convenient location. This property is perfect for businesses requiring adaptable space to accommodate growth and evolving operational needs. The combination of size flexibility and strategic location makes this an attractive investment for businesses seeking to optimize their operations and enhance their bottom line.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,198,605
    6.5%
    $10,337,174
    7%
    $9,598,805
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,560,520
    Geo Method
    $4,341,048
  • Alternative Use

    Use
    Valuation
    Residential
    $12,818,096
    Hospitality
    $11,741,307
    Educational
    $9,768,630
    Medical
    $10,104,588
    Retail
    $15,195,646
12 Union St, Coatesville, Pennsylvania

Location Insight

City
Coatesville
County
Chester
State
Pennsylvania
Latitude
39.9623
Longitude
-75.8003
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
$8,644
$66,000
$97,800
$163,800
-
$66,000
$123,840
$189,840

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