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    15 Reese Ave Newtown Square, PA 19073

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    For Lease
    $23 SF/Yr ($2,875 /Mo)

    Second floor office suite in Newtown Square, Pennsylvania.

    Property size:
    1,500 SF
    Lot size:
    0.32 Acres

    Property Features for 15 Reese Ave

    General Information

    Size
    1,500 SF
    Lot size
    0.32 Acres

    Source: Brite Realty Services, Inc. Agent Tom Taylor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newtown Square Office Suite For Rent

    This 1,500 square foot office suite is located on the second floor of a three-story building. The suite is elevator served and features a reception area, a large office, a conference room, a kitchenette, and two restrooms. The suite also has in-suite HVAC controls and a building security system. The property is zoned C-1 Commercial District and is situated a half block from Newtown Street Road, providing convenient access to restaurants, shopping, and other amenities. Gentile’s Produce Market is located nearby, and major area highways are easily accessible.
    Location Intelligence

    Current Use by Public Records

    Radio Negotiator Television Station Bruggemann L Chemical ... Medical Supply Store LifeGuard Technologies Corporate Office Schwartz Neil P ... Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newtown Square
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.399579
    Latitude
    39.984464

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    FAQs

    What type of property is this?
    Office space - Second floor office suite in Newtown Square, Pennsylvania.
    Where is this office space located?
    The property is located at 15 Reese Ave Newtown Square, PA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location: Just a 1/2 block off Newtown Street Road with easy access to major highways, restaurants, shopping, and other amenities.; - Functional office suite: 1,500 sf office suite featuring a reception area, large office, conference room, kitchenette, and 2 restrooms.; - Elevator access: Located on the 2nd floor of a 3-story building with elevator service.
    (610) 952-4080
    Request Owner's contact information
    15 Reese Ave Newtown Square, PA 19073
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    Newtown Square, PA 19073
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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
    15 Reese Ave Newtown Square, PA 19073
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