1175 Gap Newport PikeCochranville, PA 19330

  • Retail properties
  • 4,000 SF
For Lease
$132/SF/YR View listing

Property Details for 1175 Gap Newport Pike

Year built
1992
Lot size
2.93 AC
Property size (Sq ft)
4,000 SF
Zone code
C
Property type
Retail properties
Property subtype
Auto shops
APN
4408 00220200
APU
440800220200

Description

This ±4,000 square foot single-tenant commercial building offers a blend of warehouse and office space, ideal for a variety of businesses. Located in Cochranville, Pennsylvania, on PA-41 Highway, this property boasts excellent visibility and accessibility. The building, constructed in 1992, sits on a 2.93-acre commercially zoned lot in West Fallowfield Township, Chester County. The layout includes approximately 60% warehouse space and 40% office space, complemented by a small kitchenette. Ample parking is available with 7+ spaces in front and additional car/truck parking in the rear. The building features two drive-in doors, double entry doors in the front, and additional employee entrances on the south and rear sides. The property has 200 AMP power. Conveniently located, it offers easy access to major transportation routes, with drive times of approximately 57 miles to Philadelphia, 25 miles to Lancaster, 28 miles to Wilmington, DE, and 64 miles to Harrisburg. A modified gross lease is available, with all utilities paid by the tenant. Space modifications are negotiable. The property's APN is 44-08-0022.0200.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $907,578
    6.5%
    $837,764
    7%
    $777,924
  • Comparable approach

    Method
    Valuation
    Relative Method
    $772,930
    Geo Method
    $1,317,053
  • Alternative Use

    Use
    Valuation
    Residential
    $706,686
    Hospitality
    $647,320
    Educational
    $538,563
    Medical
    $557,085
    Retail
    $837,764
1175 Gap Newport Pike, Cochranville, Pennsylvania

Location Insight

City
Cochranville
County
Chester
State
Pennsylvania
Latitude
39.8886
Longitude
-75.9131
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
$9,889
$57,990
$143,860
$201,850
-
$57,990
$159,090
$217,080

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