Mixed-Use Property with
For Sale
$565,565
1679 Horseshoe Pike, Glenmoore, PA 19343
Cape-style property with a two-car garage and unfinished walkout basement in a designated mixed-use corridor.
Property Size2,402 SF
Price / SF$235.46
Days on Market123
Property Features for 1679 Horseshoe Pike
General Information
Standard status
Active
Size
2,402 SF
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
Kline Real Estate Works
Listed By:
Keith S Kline · License #RM426216
(610) 213-1473
Source:
Baltimoreharfordhomesforsale
Added: Jul 3
Changed: Nov 1
Last Checked: Nov 1 at 6:12AM
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 Kline Real Estate Works
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Investment Insights
Based on property information with market context.
This mixed-use property includes a 2,402-square-foot Cape-style home on more than one acre. The residence was built in 1958 and features a two-car garage along with an unfinished lower-level walkout basement that provides additional space for future planning or storage.
The property is located at 1679 Horseshoe Pike near the intersection of Rt 82 and Rt 322 Horseshoe Pike. It falls within the RM-Rural Mixed Use Corridor and the Commercial Overlay District of West Brandywine Township, providing a setting that combines an existing residential structure with a broader mixed-use designation.
The property is located at 1679 Horseshoe Pike near the intersection of Rt 82 and Rt 322 Horseshoe Pike. It falls within the RM-Rural Mixed Use Corridor and the Commercial Overlay District of West Brandywine Township, providing a setting that combines an existing residential structure with a broader mixed-use designation.
Key Highlights
- 2,402‑square‑foot Cape‑style home
- More than 1 acre of ground
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,813
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,260
$736.3K
Cap Rate 7%
$525,900
$525.9K
Cap Rate 9%
$409,033
$409.0K
Market Conditions
NOI Build-Up for 2,402 SF
Gross rent
$68.9K $28.68/SF
− Vacancy
−$10.0K −$4.16/SF
EGI
$58.9K $24.52/SF
− OpEx
−$22.1K −$9.20/SF
NOI
$36.8K $15.33/SF
Area
Chester County, PA
Vacancy
14.50%
Lease Rate
$28.68 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,260
Cap Rate 7%
$525,900
Cap Rate 9%
$409,033
Alternative Uses
Best Use
Mixed Use
$525.9K
$460.2K – $613.6K
NOI $36,813 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$728.3K
$637.2K – $849.6K
NOI $50,978 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
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Business Placement
Demographics for 19343, PA
8,711
Population
3,217
Households
2.7
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
27.6 sq mi
ZIP Area
316
Density / Sq Mi
$161,964
Median Household Income
$64,692
Median Earnings
$1,816
Median Rent
$543,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Cape-style property with a two-car garage and unfinished walkout basement in a designated mixed-use corridor.
Where is this mixed-use property located?
The property is located at 1679 Horseshoe Pike Glenmoore, PA.
What is the asking price?
The asking price for this property is $565,565.
What are key features of this property?
This property features: 2,402‑square‑foot Cape‑style home; More than 1 acre of ground; Two‑car garage
