This exceptional 2.65-acre commercial land parcel is ideally situated at the signalized intersection of Routes 202 and 73 in Blue Bell, Pennsylvania, Montgomery County (zip code 19422). Boasting a highly visible location with combined daily traffic counts of 41,488 vehicles, this property presents a remarkable opportunity for developers and investors. The 4,000 square foot site is categorized as Land and Retail, offering significant potential for a variety of commercial uses. Its strategic placement near established retailers such as Kohl's, Homegoods, McCaffrey's Food Market, and Aldi, along with prominent businesses like CVS and Wawa, ensures high visibility and accessibility. The property's location in the thriving Center Square area of Blue Bell provides excellent access to a dense population base and significant consumer traffic. This prime commercial land parcel is available for sale and represents a unique chance to establish a successful business venture in a high-demand location. The property's size and location make it an attractive investment for a wide range of commercial developments.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,189,648
6.5%
$4,790,444
7%
$4,448,270
Comparable approach
Method
Valuation
Relative Method
$2,747,966
Geo Method
$2,729,618
Alternative Use
Use
Valuation
Residential
$5,940,151
Hospitality
$5,441,146
Educational
$4,526,970
Medical
$4,682,660
Retail
$7,041,954
Location Insight
City
Blue Bell
County
Montgomery
State
Pennsylvania
Latitude
40.167
Longitude
-75.2913
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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