8800 Gap Newport Pike Avondale, PA 19311
This exceptional investment opportunity presents two warehouse buildings situated on a combined three-acre lot in Avondale, Pennsylvania. Located on the highly trafficked Gap Newport Pike (address: 8800 & 8802 Gap Newport Pike, zip code 19311), this fee-simple property offers significant potential. The property consists of two parcels, each including a residential structure, sold "as is." Both buildings were constructed in 1950 and underwent renovations in 2024. The current zoning is residential, permitting a range of commercial development options. Potential uses include, but are not limited to: professional or executive office buildings, research laboratories, product assembly facilities, indoor storage/warehousing, wholesale sales operations, municipal uses, and renewable energy facilities. Specific uses requiring special exceptions include manufacturing/fabrication (wholly within an enclosed building), automobile sales and service, and solar energy facilities with an array exceeding 1,000 square feet. Further exploration of permitted uses is recommended through consultation with the township. The property is available for occupancy starting November 18, 2024, and is offered at an asking price of $599,900. Prospective buyers should independently verify zoning regulations and existing easements.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.