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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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