54 Conchester RdGlen Mills, PA 19342
- Industrial properties
- 45,195 SF
Property Details for 54 Conchester Rd
- Year built
- 1988
- Lot size
- 2.68 AC
- Property size (Sq ft)
- 45,195 SF
- Property type
- Industrial properties
- APN
- 13-00-00214-10
- APU
- 13000021410
Description
This exceptional 4,500 square foot retail or restaurant space is ideally situated at 54 Conchester Road in Glen Mills, Pennsylvania, within Delaware County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for a discerning business owner. The space boasts a fully equipped kitchen, making it particularly well-suited for a restaurant concept, but equally adaptable to a variety of retail uses. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The building's total square footage is 4,500 square feet, all of which is available for lease. This presents a blank canvas for a business to design and implement its ideal layout and branding. The property is located in the 19342 zip code, offering easy access to major roadways and a thriving local community. This is a rare opportunity to secure a substantial, well-located commercial space in a desirable area. The property is available for lease and is ready for immediate occupancy. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property is categorized as both retail and restaurant space, offering flexibility for a wide range of potential tenants. The single-tenant occupancy ensures exclusive use of the entire space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $42,322,000
- 6.5%
- $39,066,500
- 7%
- $36,276,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $15,335,500
- Geo Method
- $9,448,290
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $20,173,200
- Mixed-Use / Specialty
- $20,211,600
- Hospitality / Lodging
- $14,972,400
- Office
- $20,206,500
- Institutional / Educational
- $21,051,400
- Residential Income
- $24,630,200
- Multifamily
- $28,928,100
- Automotive / Energy
- $18,044,100
- Parking / Income-Based Land
- $6,117,730
- Restaurant / Food Service
- $10,747,800
- Healthcare / Senior Housing
- $20,613,500
Location Insight
- City
- Glen Mills
- County
- Delaware
- State
- Pennsylvania
- Latitude
- 39.8891
- Longitude
- -75.5303
- 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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