Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Chadds Ford Land for Development Title is generated by Realmo AI

    1392 BALTIMORE Pike, Chadds Ford, PA 19317

    View on Map
    Claim this Listing
    For Sale
    $1,100,000

    LAND - CHADDS FORD, PA

    Lot size:
    20.18 Acres
    Added:
    Aug 19, 2024
    Days on Market:
    654
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for 1392 BALTIMORE Pike

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    20.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10339

    We can help!

    Listing Contact
    Xiaoli Shang

    Listing agent Xiaoli Shang

    Listing office Keller Williams Realty Wilmington 200 Bellevue Parkway unit: 415, Willmington, PA

    Listing date Aug 19, 2024

    MLS# PADE2073854 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 20+ acres in Unionville Chadds Ford School District.
    • Approved for 6 residential homes (by right in R2 zone).
    • Public water line connected to the property.
    • Survey completed.
    • Previously approved for 7 lots.
    • Prior approval for a church with 40 parking spaces (with variance).

    Overview

    This property offers over 20 acres of land suitable for residential development in Chadds Ford, Pennsylvania, specifically within the Unionville Chadds Ford School District. The current plan aligns with the R2 zoning regulations, allowing for the construction of six residential homes. A survey of the land has been completed. Public water line has been connected to the property. The township had previously approved a plan for seven lots two decades ago. A prior owner obtained approval for a church with 40 parking spaces via a variance. There is a brick building on the site, but it is in poor condition with deteriorated exterior steps. Prospective buyers should assess the building's accessibility and condition independently. By scheduling an appointment, the buyer and their agent acknowledge and agree to release the listing agent, listing broker, and owner from any liabilities, claims, injuries, damages, losses, or legal actions, including attorney fees, that may arise from any harm or death to any person or damage to property of the permittee or its agents.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Horizons Fellowship Charitable Organization

    Suggested Use

    Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chadds Ford
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.562828
    Latitude
    39.874069

    Nearby Similar for Sale

    • $3,150,000
      5,060 SF

      Fairville Inn Bed and Breakfast

      Award-winning bed and breakfast in the heart of Chadds Ford.
      506 KENNETT PIKE, CHADDS FORD, PA 19317
      View Details
    • $1,200,000

      Prime Chadds Ford Acreage Opportunity

      Five-acre property with development potential in Garnet Valley School District.
      1162 SMITHBRIDGE Road, CHADDS FORD, PA 19317
      View Details
    • $2,500,000
      12,745 SF

      Class A Commercial Building For Sale

      Class A commercial building with highway frontage and established leases.
      411 Baltimore Pike, CHADDS FORD, PA, 19317
      View Details
    • $1,050,000
      3,640 SF

      Chadds Ford Office Building

      3,640 SF office building in Chadds Ford, Pennsylvania.
      127 Wilmington W Chester Pike, CHADDS FORD, PA, 19317-9041
      View Details
    • $2,850,000
      15,100 SF

      Chadds Ford Shopping Center For Sale

      Shopping center in historic Chadds Ford with frontage on Route 1.
      1620 Baltimore Pike, Chadds Ford, PA
      View Details
    • $1,300,000

      20.4 Acre Building Site

      Private 20.4 acre building site near Route 52.
      110 Hannah Lane, Chadds Ford, PA 19317
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 20+ acres for 6 homes in Unionville Chadds Ford.
    Where is this residential land & home lot located?
    The property is located at 1392 BALTIMORE Pike Chadds Ford, PA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 20+ acres in Unionville Chadds Ford School District.; Approved for 6 residential homes (by right in R2 zone).; Public water line connected to the property.
    (302) 290-7413
    We can help!
    Listing Contact
    Xiaoli Shang
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1392 BALTIMORE Pike, CHADDS FORD, PA 19317
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!