300 Kimberton RdPhoenixville, PA 19460

Property Details for 300 Kimberton Rd

Year built

1948

Lot size

9.50 AC

Property size (Sq ft)

66,524 SF

Zone code

LI

Property type

Office properties

Property subtype

Office buildings

APN

2702 00590000

APU

270200590000

Description

This exceptional 67,724-square-foot industrial property, situated on a generous 9.5-acre lot in Chester County, presents a unique investment opportunity. The two-story flex building is ideally suited for research and development, distribution, or flexible manufacturing uses. The space boasts significant bio-tech/lab capabilities, including wet labs fully equipped with fume hoods, casework, gas distribution systems, negative air pressure capabilities, and epoxy flooring. The building features a functional layout with a nine-foot ceiling height, enhancing usability and storage options. Efficient loading and unloading are facilitated by four loading docks and four drive-in doors. The property is zoned LI (Light Industrial), providing flexibility for a range of industrial operations. The building's infrastructure includes fluorescent lighting, a rubber membrane roof, natural gas heat, and roof-top air conditioning units. The 2020 property tax rate was $1.49 per square foot. This single-tenant property offers immediate occupancy and significant potential for a variety of businesses seeking a well-equipped and strategically located industrial space. The ample acreage provides room for expansion or future development. This is a rare opportunity to acquire a high-quality, versatile industrial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $18,356,302

  6.5%

  $16,944,278

  7%

  $15,733,973

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,126,470

  Geo Method

  $8,692,026

• Alternative Use

  Use

  Valuation

  Residential

  $21,010,906

  Hospitality

  $19,245,876

  Educational

  $16,012,343

  Medical

  $16,563,032

  Retail

  $24,908,090

Location Insight

City

Phoenixville

County

Chester

State

Pennsylvania

Latitude

40.1315

Longitude

-75.5391

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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