511 School House RdKennett Square, PA 19348

Property Details for 511 School House Rd

Lot size

1.46 AC

Zone code

RB

Property type

Office properties

Property subtype

Other office properties

APN

6106 03010000

APU

610603010000

Description

This exceptional 4,460 square foot office space is available for lease at 511 Schoolhouse Road, Kennett Square, PA 19348. The property is zoned Limited Industrial (East Marlborough Twp.) and offers a single-tenant occupancy. The layout includes three private offices, a dedicated conference room, a convenient kitchen/break room, and a spacious open floor plan, providing flexibility for various business needs. The suite is well-equipped with a water treatment system, on-site sewer, and access to public gas. This traditional office space also lends itself to executive or creative office uses, making it a versatile option for a range of businesses. Its location in Kennett Square, Pennsylvania offers easy access to major transportation routes and amenities. The property's features make it an attractive option for companies seeking a functional and well-maintained office space in a desirable location. The building offers a comfortable and productive work environment. This is a fantastic opportunity to secure a well-appointed office space in a thriving community. Inquire today for more details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $25,386,472

  6.5%

  $23,433,666

  7%

  $21,759,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,601,796

  Geo Method

  $8,286,849

• Alternative Use

  Use

  Valuation

  Residential

  $29,057,746

  Hospitality

  $26,616,740

  Educational

  $22,144,814

  Medical

  $22,906,408

  Retail

  $34,447,488

Location Insight

City

Kennett Square

County

Chester

State

Pennsylvania

Latitude

39.8584

Longitude

-75.695

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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