262 Baltimore PikeGlen Mills, PA 19342

Property Details for 262 Baltimore Pike

Lot size

2.95 AC

Property type

Office properties

Property subtype

Office buildings

APN

13-00-00011-00

APU

13000001100

Description

This exceptional 17,768-square-foot Class A office building in Glen Mills, Pennsylvania, offers immediate occupancy. Located at 262 Baltimore Pike, this two-story, 2022-built structure boasts prominent frontage on Route 1, providing excellent signage opportunities. The building features elevator service, a modern reception area, abundant natural light, and an on-site childcare amenity. A full basement provides over 8,000 square feet of storage space. The property is zoned C and is divisible to a minimum of 2,000 square feet, with a maximum contiguous space of 17,000 square feet currently available. Landlords will provide a "white box" build-out including demising walls, drywall with outlets, HVAC extension, ceiling grid and tiles with LED lighting, and flooring (carpet/carpet tile or VCT plank). This is an ideal location for medical, professional, or high-end office users seeking a prestigious address in Delaware County. The property's APN is 13-00-00011-00. This represents a unique opportunity to secure a brand-new, high-quality space in a prime location. The building is comprised of one building with multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $54,974,144

  6.5%

  $50,745,364

  7%

  $47,120,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,279,672

  Geo Method

  $16,807,188

• Alternative Use

  Use

  Valuation

  Residential

  $62,924,248

  Hospitality

  $57,638,272

  Educational

  $47,954,368

  Medical

  $49,603,592

  Retail

  $74,595,680

Location Insight

City

Glen Mills

County

Delaware

State

Pennsylvania

Latitude

39.8967

Longitude

-75.4912

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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