1175 Gap Newport PikeCochranville, PA 19330
- Retail properties
- 4,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
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