1130 Baltimore PikeGlen Mills, PA 19342

  • Retail properties
  • 1,978 SF
For Sale
$2,500,000 View listing

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
1130 Baltimore Pike, Glen Mills, Pennsylvania

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,153
$400,420
$440,830
$841,250
-
-
-
$841,250

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