Property profile

8800 Gap Newport Pike Avondale, PA 19311

OFF-MARKET
Warehouses
Property ID
US73-1674843
Built 1950
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1950
UPID US73-1674843

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8800 Gap Newport Pike Avondale, PA 19311
Avondale metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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