Retail Space Near
New
For Sale
Contact for pricing
1003 Avenue Of The States, Chester, PA 19013
Commercial zoning and nearby residential development shape the property's immediate setting.
Property Size1,100 SF
Price / SF$2.27
Days on Market2
Property Features for 1003 Avenue Of The States
General Information
Standard status
Active
Size
1,100 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
COMMERCIAL
Lease Term
36 Months
Additional Details
Highway Access
Yes
Amenities
Tile/Brick,Concrete
Electric
1
Yes
Natural Gas
N
Public
0.00 x 0.00
0.03
No
Estimated
Parking Lot
5
Slab
Assessor
Building Details
Year Built
2009
Listing Agency:
Keller Williams Real Estate - Media
(610) 565-1995
Listed By:
Rose Scott · License #RS364542
(610) 605-0937
Source:
Thetristaterealestategroup
Added: Nov 3
Last Checked: Nov 3 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate - Media
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Investment Insights
Based on property information with market context.
This 1,100-square-foot retail space at 1003 Avenue of the States in Chester was built in 2009 and is zoned commercial. The property is positioned along a business corridor beside a residential community, with access to major expressways.
The location combines a retail setting with nearby housing and regional roadway access.
The location combines a retail setting with nearby housing and regional roadway access.
Key Highlights
- 1,100‑square‑foot retail space
- Commercial zoning
- Built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,799
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,980
$216.0K
Cap Rate 7%
$154,271
$154.3K
Cap Rate 9%
$119,989
$120.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$16.5K $15.00/SF
− Vacancy
−$1.1K −$0.98/SF
EGI
$15.4K $14.03/SF
− OpEx
−$4.6K −$4.21/SF
NOI
$10.8K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,980
Cap Rate 7%
$154,271
Cap Rate 9%
$119,989
Alternative Uses
Best Use
Retail
$154.3K
$135.0K – $180.0K
NOI $10,799 @ 7.0% cap · market cap 431.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,346 @ 7.0% cap · market cap 933.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,725
Businesses Nearby
Explore this area
Business Placement
Demographics for 19013, PA
34,252
Population
15,664
Households
2.2
Avg Household Size
34
Median Age
13%
College-Educated
86%
High-School Grad
5.6 sq mi
ZIP Area
6,116
Density / Sq Mi
$39,416
Median Household Income
$31,668
Median Earnings
$1,083
Median Rent
$85,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning and nearby residential development shape the property's immediate setting.
Where is this retail space located?
The property is located at 1003 Avenue Of The States Chester, PA.
What are key features of this property?
This property features: 1,100‑square‑foot retail space; Commercial zoning; Built in 2009
