1180 Mcdermott DrWest Chester, PA 19380
- Office properties
- 11,920 SF
Property Details for 1180 Mcdermott Dr
- Year built
- 1998
- Lot size
- 1.20 AC
- Property size (Sq ft)
- 11,920 SF
- Zone code
- I1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 5203 010004B0
- APU
- 5203010004B0
Description
This exceptional 12,000-square-foot office building at 1180 McDermott Drive in West Chester, Pennsylvania, presents a unique leasing opportunity. Built in 1998, this single-story, single-tenant property sits on 1.2 acres of land and offers a spacious, naturally lit interior perfect for a variety of businesses. The building features 43 total parking spaces, providing ample convenience for employees and clients. The I-1 zoning allows for flexibility in potential uses. With 12,000 square feet of vacant space, this property is ready for immediate occupancy. The property's location in West Chester offers easy access to major transportation routes and nearby amenities. Annual property taxes are $2.74 per square foot. This is an ideal location for businesses seeking a modern, functional, and conveniently located office space in a thriving Pennsylvania community. The property's single-tenant configuration offers privacy and control, while its size and amenities cater to a range of business needs. This presents a rare opportunity to secure a substantial and well-maintained office space in a desirable location. Contact us today to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,656,338
- 6.5%
- $3,375,082
- 7%
- $3,134,004
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,817,161
- Geo Method
- $1,557,467
-
Alternative Use
- Use
- Valuation
- Residential
- $4,185,101
- Hospitality
- $3,833,530
- Educational
- $3,189,452
- Medical
- $3,299,142
- Retail
- $4,961,370
Location Insight
- City
- West Chester
- County
- Chester
- State
- Pennsylvania
- Latitude
- 39.9983
- Longitude
- -75.589
- 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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