1175 Gap Newport PikeCochranville, PA 19330

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

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.

• 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

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