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Property profile & analytics
FOR SALE
Day care centers

87 E Forrest Ave Shrewsbury, PA 17361

7,056 SF 0.99 ac lot Built 1996
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-2072880
87 E Forrest Ave, Shrewsbury, PA 17361 For Sale
$1,000,000 7,056 SF
87 E Forrest Ave, Shrewsbury, PA 17361
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Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of a highly successful and established daycare and early development center located at 87 E Forrest Avenue, Shrewsbury, PA. The property encompasses a substantial 7,056 square feet building situated on a 0.99-acre lot. Currently operating under the name "Imagination Station," this licensed facility boasts a strong reputation within Southern York County, providing premier early childcare and educational development services. The sale includes the business, its established name, the real estate itself, and associated vehicles and a bus, offering a complete and turnkey operation. With a current enrollment of approximately 85 children, and a license capacity for 113, there is significant potential for expansion and increased revenue. The center benefits from a rapidly growing demographic area, presenting a compelling investment opportunity with substantial upside potential. The asking price for this comprehensive package is $1,350,000. This is a rare chance to own a profitable and well-regarded business with a strong foundation for continued success in a thriving market. The property's size and location provide ample space for current operations and future growth, making it an attractive proposition for experienced childcare operators or investors seeking a stable and rewarding venture. All aspects of the business are included in the sale, ensuring a seamless transition for the new owner.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1996
Total area 7,056 SF
Lot 0.99 ac (43,124 SF)
Zoning code C
APN 84-000-06-0158.B0-00000
UPID US73-2072880
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Imagination Station Too Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Migalucci LLC · 10 yrs held
Migalucci LLC
since 2015
2 recorded transactions
2020
Price N/A
2015
$800,000
Zoning & alternative use
C · Shrewsbury, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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