144 Byers RdChester Springs, PA 19425

Property Details for 144 Byers Rd

Year built

1985

Lot size

0.56 AC

Property size (Sq ft)

3,342 SF

Zone code

C1

Property type

Auto shops

APN

3204 00550300

APU

320400550300

Description

This exceptional executive office building, located at 144 Byers Road in Chester Springs, Pennsylvania, presents a compelling investment opportunity. The 5,200 square foot building, constructed in 1985, boasts a flexible floor plan ideal for a variety of uses. The layout includes a substantial 1,855 square foot workshop area, complemented by 585 square feet of first-floor space and an additional 2,440 square feet on the second floor. Situated on a 0.56-acre lot, this property offers significant potential. The building benefits from convenient public water and sewer access. Furthermore, its strategic location within the C-1 zoning district of Upper Uwchlan Township, Chester County, enhances its appeal. An adjacent, approved lot at 128 Byers Road is also available for purchase, providing an excellent opportunity for expansion or future development. The asking price for this property is $1,500,000, translating to $288.46 per square foot. This presents a rare chance to acquire a valuable asset in a thriving Chester County location. The property's versatility and prime location make it an attractive prospect for both owner-occupiers and investors seeking a strong return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,355,597

  6.5%

  $1,251,320

  7%

  $1,161,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,155,398

  Geo Method

  $1,100,398

• Alternative Use

  Use

  Valuation

  Residential

  $1,055,536

  Hospitality

  $966,865

  Educational

  $804,420

  Medical

  $832,086

  Retail

  $1,251,320

Location Insight

City

Chester Springs

County

Chester

State

Pennsylvania

Latitude

40.0775

Longitude

-75.6845

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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