12 Pottstown PikeChester Springs, PA 19425

For Lease
  • Auto shops
  • 24,320 SF

Property Details for 12 Pottstown Pike

Year built
1985
Lot size
1.61 AC
Property size (Sq ft)
24,320 SF
Zone code
LI
Property type
Auto shops
APN
3204 00720100
APU
320400720100

Description

This exceptional retail opportunity is located at 12 Pottstown Pike in Chester Springs, Chester County. The property boasts a total of 26,000 square feet, with 6,228 square feet currently vacant and available for lease. This space is divisible into units as small as 3,028 square feet, offering flexibility for various retail concepts. The building, constructed in 1985, sits on a 1.6-acre lot and enjoys a highly visible location on Route 100 (Pottstown Pike), a major thoroughfare with a daily traffic volume of 30,000 vehicles. Its proximity to the Pennsylvania Turnpike, with its 50,000 vehicles per day, further enhances its accessibility and exposure. The property's former tenant was a Harley Davidson dealership, and it currently shares the site with X Golf, providing strong co-tenancy. This prime location offers excellent visibility and accessibility for businesses seeking a thriving retail environment in a high-traffic area of Chester County. The available space presents a unique opportunity for businesses looking to establish or expand their presence in a well-established commercial area. The flexible space options cater to a wide range of retail needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,864,788
    6.5%
    $9,105,958
    7%
    $8,455,532
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,407,920
    Geo Method
    $8,007,681
  • Alternative Use

    Use
    Valuation
    Residential
    $7,681,216
    Hospitality
    $7,035,952
    Educational
    $5,853,830
    Medical
    $6,055,152
    Retail
    $9,105,958
12 Pottstown Pike, Chester Springs, Pennsylvania

Location Insight

City
Chester Springs
County
Chester
State
Pennsylvania
Latitude
40.072
Longitude
-75.6805
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
$33,436
$126,890
$824,540
$951,430
-
$126,890
$866,980
$993,870

FAQs

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