Two-Story Professional Office
For Sale
Contact for pricing
112 Chesley Dr, Media, PA 19063
Office accommodation includes dedicated basement storage and convenient regional roadway access.
Property Size2,000 SF
Price / SF$250
Days on Market53
Property Features for 112 Chesley Dr
General Information
Standard status
Active
Size
2,000 SF
Property subtype
OFFICE
Additional Details
Floor
1st and 2nd Floors
Road Access
Yes
Listing Agency:
Pillar Real Estate Advisors LLC
(484) 887-8202
Listed By:
Andrew Turner · License #RB067835
(484) 888-1825
Source:
Moodyscre
Added: Aug 25
Changed: Oct 15
Last Checked: Oct 16 at 10:27AM
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 Pillar Real Estate Advisors LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property provides 2,000 square feet of professional workspace arranged across the first and second floors, along with a 1,000-square-foot basement designated for storage. The two-level configuration separates the primary office area from supplemental storage space.
Parking is available at the property. The site is positioned near Route 1, with access to Route 476 and proximity to downtown Media, supporting convenient connections throughout the surrounding area.
Parking is available at the property. The site is positioned near Route 1, with access to Route 476 and proximity to downtown Media, supporting convenient connections throughout the surrounding area.
Key Highlights
- 2,000 SF of professional office space across the first and second floors
- 1,000 SF basement available for storage
- Ample parking at the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,789
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,780
$655.8K
Cap Rate 7%
$468,414
$468.4K
Cap Rate 9%
$364,322
$364.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$52.8K $26.40/SF
− Vacancy
−$9.1K −$4.54/SF
EGI
$43.7K $21.86/SF
− OpEx
−$10.9K −$5.46/SF
NOI
$32.8K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,780
Cap Rate 7%
$468,414
Cap Rate 9%
$364,322
Alternative Uses
Best Use
Office B
$468.4K
$409.9K – $546.5K
NOI $32,789 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.4K
$530.6K – $707.5K
NOI $42,447 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Explore this area
Business Placement
Demographics for 19063, PA
38,338
Population
16,128
Households
2.4
Avg Household Size
46
Median Age
60%
College-Educated
97%
High-School Grad
25.1 sq mi
ZIP Area
1,527
Density / Sq Mi
$121,899
Median Household Income
$70,147
Median Earnings
$1,623
Median Rent
$505,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Office accommodation includes dedicated basement storage and convenient regional roadway access.
Where is this office units located?
The property is located at 112 Chesley Dr Media, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,000 SF of professional office space across the first and second floors; 1,000 SF basement available for storage; Ample parking at the property
