390 Vineyard WayWest Grove, PA 19390

  • Office properties
  • 9,914 SF
For Lease
$16/SF/YR View listing

Property Details for 390 Vineyard Way

Year built
2007
Lot size
7.30 AC
Property size (Sq ft)
9,914 SF
Zone code
I1
Property type
Office properties
Property subtype
Office buildings
APN
5804 00590100
APU
580400590100

Description

This exceptional offering presents two fully-equipped office suites in West Grove, Pennsylvania, ideally situated at 390 Vineyard Way, zip code 19390. Suite 401, boasting approximately 2,558 square feet, is a turnkey salon/spa space complete with all fixtures, furniture, and equipment (FF&E), multiple kitchenettes and restrooms, a reception area, abundant natural light, updated LVP flooring, and excellent signage opportunities. Suite 304, encompassing roughly 2,380 square feet, is perfectly suited for retail, medical, or general office use. This space features five private offices, a conference room, kitchenette, reception area, a large coworking bullpen, abundant natural light, high ceilings with recessed lighting, and excellent signage visibility on Baltimore Pike. Both suites benefit from ample on-site shared parking and on-site property management. The building, totaling 9,914 square feet, sits on a 7.3-acre lot in Chester County and offers easy access to the new Avon Grove High School. These versatile spaces provide a unique opportunity for businesses seeking a move-in ready environment with modern amenities and a convenient location. The multiple tenancy structure ensures a vibrant and collaborative atmosphere.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,007,121
    6.5%
    $1,852,728
    7%
    $1,720,390
  • Comparable approach

    Method
    Valuation
    Relative Method
    $996,918
    Geo Method
    $1,295,363
  • Alternative Use

    Use
    Valuation
    Residential
    $2,297,382
    Hospitality
    $2,104,390
    Educational
    $1,750,827
    Medical
    $1,811,041
    Retail
    $2,723,509
390 Vineyard Way, West Grove, Pennsylvania

Location Insight

City
West Grove
County
Chester
State
Pennsylvania
Latitude
39.8228
Longitude
-75.8667
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
$88,428
$154,500
$2,054,500
$2,209,000
-
$154,500
$2,208,500
$2,363,000

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