Office
For Sale
Contact for pricing
714 E BALTIMORE PIKE, Kennett Square, PA 19348
Office property offered for sale with approximately 3,000 square feet of space.
Property Size4,623 SF
Price / SF$0.54
Days on Market191
Property Features for 714 E BALTIMORE PIKE
General Information
Standard status
Active
Size
4,623 SF
Property subtype
Commercial
Building Details
Year Built
1931
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Rory D Burkhart · License #RS-0017589
(484) 588-5000
Source:
Cummingsrealtors
Added: Apr 12
Changed: Oct 16
Last Checked: Oct 19 at 10:26AM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This office property is being offered for sale and includes approximately 3,000 square feet of office space. The asset is suited for office-focused tenants looking for a dedicated commercial environment.
The property is located at 714 E Baltimore Pike in Kennett Square, Pennsylvania. Prospective tenants and buyers can review the layout and condition during their due diligence, including any fit-out needs for their intended use.
Additional details such as unit configuration, exact floor plan, and included improvements are not provided in the available materials.
The property is located at 714 E Baltimore Pike in Kennett Square, Pennsylvania. Prospective tenants and buyers can review the layout and condition during their due diligence, including any fit-out needs for their intended use.
Additional details such as unit configuration, exact floor plan, and included improvements are not provided in the available materials.
Key Highlights
- Office property offered for sale
- Approximately 3,000 SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,681
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,453,620
$1.5M
Cap Rate 7%
$1,038,300
$1.0M
Cap Rate 9%
$807,567
$807.6K
Market Conditions
NOI Build-Up for 4,623 SF
Gross rent
$120.4K $26.04/SF
− Vacancy
−$23.5K −$5.08/SF
EGI
$96.9K $20.96/SF
− OpEx
−$24.2K −$5.24/SF
NOI
$72.7K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,453,620
Cap Rate 7%
$1,038,300
Cap Rate 9%
$807,567
Alternative Uses
Best Use
Office B
$1.04M
$908.5K – $1.21M
NOI $72,681 @ 7.0% cap · market cap 2,907.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,115 @ 7.0% cap · market cap 3,924.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 19348, PA
22,606
Population
9,222
Households
2.5
Avg Household Size
43
Median Age
57%
College-Educated
91%
High-School Grad
36.8 sq mi
ZIP Area
614
Density / Sq Mi
$118,367
Median Household Income
$55,391
Median Earnings
$1,588
Median Rent
$518,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office property offered for sale with approximately 3,000 square feet of space.
Where is this office unit located?
The property is located at 714 E BALTIMORE PIKE Kennett Square, PA.
What are key features of this property?
This property features: Office property offered for sale; Approximately 3,000 SF of office space
