3521 Lincoln HwyThorndale, PA 19372

Property Details for 3521 Lincoln Hwy

Year built

1974

Lot size

0.69 AC

Property size (Sq ft)

3,876 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

3904 01080000

APU

390401080000

Description

This versatile 1.5-acre property in Thorndale, PA, offers a fantastic opportunity for businesses seeking office or storage space. Strategically located on Business Route 30 in Caln Township, this property boasts a flexible floor plan perfect for a variety of uses. The interior comprises three private offices (measuring 15x8, 14x9, and 15x9 feet respectively), a spacious great room/meeting area (15x14 feet), a smaller room suitable for a break room, a large storage closet, and a powder room. The property's convenient location ensures easy access for clients and employees. Included in the monthly rent are water, sewer, trash, recycling, and snow plowing of the parking area. Tenants are responsible for electricity, heat, and internet services, as well as snow removal from the office steps. A 12-month minimum lease is required, and good credit is a necessity. Smoking is prohibited on the premises. This property presents a compelling combination of functionality, location, and included amenities, making it an attractive option for businesses seeking a well-maintained and conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,303,827

  6.5%

  $1,203,533

  7%

  $1,117,566

• Comparable approach

  Method

  Valuation

  Relative Method

  $647,743

  Geo Method

  $506,438

• Alternative Use

  Use

  Valuation

  Residential

  $1,492,381

  Hospitality

  $1,367,013

  Educational

  $1,137,338

  Medical

  $1,176,453

  Retail

  $1,769,193

Location Insight

City

Thorndale

County

Chester

State

Pennsylvania

Latitude

39.9955

Longitude

-75.7521

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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