1026 Pottstown PikeChester Springs, PA 19425
- Land
- 2.83 AC
Property Details for 1026 Pottstown Pike
- Lot size
- 2.83 AC
- Zone code
- MHP
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 2506 00620100
- APU
- 250600620100
Description
This exceptional 2.83-acre commercial land parcel, located at 1026 Pottstown Pike in Chester Springs, Pennsylvania (zip code 19425), presents a unique investment opportunity. Situated in the Ludwigs Village Center Commercial District of desirable West Vincent Township, Chester County, this property boasts a strategic location at the corner of routes 401 and 100. The site is already approved for development, offering significant flexibility for potential buyers. Two pre-approved development plans exist: Option one allows for the construction of 20,000 square feet of commercial space alongside 20 multifamily units. Option two permits the development of a 16,400 square foot pharmacy and a 3,500 square foot fast-food restaurant. However, the property's approved status also allows a buyer to pursue approvals for alternative uses, tailoring the development to their specific needs and vision. Public utilities are readily available in the immediate vicinity, simplifying the construction process. The asking price for this prime commercial land is $1,400,000. This presents a rare chance to acquire a ready-to-develop site in a highly sought-after location with multiple development options. Don't miss this opportunity to capitalize on the potential of this exceptional property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $38,935,112
- Hospitality
- $35,664,352
- Educational
- $29,672,324
- Medical
- $30,692,800
- Retail
- $46,156,948
Location Insight
- City
- Chester Springs
- County
- Chester
- State
- Pennsylvania
- Latitude
- 40.1142
- Longitude
- -75.6931
- 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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