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    1392 Hanover St Pottstown, PA 19465

    For Sale
    $500,000

    Prime .59-acre lot near Starbucks, Rt 100.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional .59-acre commercial lot presents a unique investment opportunity in a high-traffic area of Pottstown, Pennsylvania. Strategically located on Route 100, this property enjoys excellent visibility and accessibility, making it ideal for a variety of commercial ventures. Its proximity to a Starbucks further enhances its desirability, benefiting from the established foot and vehicle traffic generated by this popular coffee shop. The lot's size offers ample space for development, allowing for flexibility in design and construction plans. The address is 1392 S Hanover Street, Pottstown, PA. Given its prime location and significant potential, this property represents a compelling investment opportunity for businesses seeking a high-visibility location with strong potential for growth. The asking price is $500,000. Serious inquiries are encouraged to explore the possibilities this exceptional commercial lot offers. The property is zoned for commercial use (verification of zoning with the relevant authorities is recommended). This is a rare opportunity to acquire a well-situated commercial lot in a thriving area. Don't miss out on this chance to establish your business in a highly visible and convenient location.

    Property Features for 1392 Hanover St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1800
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pottstown
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.65965
    Latitude
    40.20955

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .59-acre lot near Starbucks, Rt 100.
    Where is this commercial real estate located?
    The property is located at 1392 Hanover St Pottstown, PA.
    What is the asking price?
    The asking price for this property is $500,000.
    (610) 935-3200
    Request Owner's contact information
    1392 Hanover St Pottstown, PA 19465
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    Pottstown, PA 19465
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    Realmo Value Estimation

    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.

    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.

    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
    1392 Hanover St Pottstown, PA 19465
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