1130 Baltimore PikeGlen Mills, PA 19342
- Retail properties
- 1,978 SF
Property Details for 1130 Baltimore Pike
- Year built
- 1970
- Lot size
- 1.70 AC
- Property size (Sq ft)
- 1,978 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 13-00-00081-00
- APU
- 13000008100
Description
This exceptional 1.7-acre commercial land parcel presents a remarkable investment opportunity in the thriving Glen Mills, Pennsylvania market. Strategically located at the high-traffic intersection of Routes 202 and 1, this property boasts a prominent hard corner location, ensuring maximum visibility and accessibility. The substantial lot size offers significant development potential, surrounded by a dense concentration of major retailers, quick-service restaurants (QSRs), and grocery stores, creating a robust and established commercial environment. The address is 1130 Baltimore Pike, Glen Mills, PA 19342, within Delaware County. This prime location offers unparalleled exposure to a large and diverse customer base, making it ideal for a wide range of commercial ventures. The asking price for this exceptional property is $2,500,000. Given its size, location, and surrounding commercial activity, this land parcel represents a compelling investment opportunity with significant potential for future growth and return. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,242,652
- 6.5%
- $1,147,064
- 7%
- $1,065,131
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,057,094
- Geo Method
- $651,283
-
Alternative Use
- Use
- Valuation
- Residential
- $967,591
- Hospitality
- $886,308
- Educational
- $737,398
- Medical
- $762,758
- Retail
- $1,147,064
Location Insight
- City
- Glen Mills
- County
- Delaware
- State
- Pennsylvania
- Latitude
- 39.8808
- Longitude
- -75.5457
- 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
Similar Nearby for Lease
FAQs
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