Flex Space
For Sale
Contact for pricing
829 Lincoln Ave, West Chester, PA 19380
The property carries I-3 zoning within West Goshen Township.
Property Size2,700 SF
Price / SF$287.04
Days on Market231
Property Features for 829 Lincoln Ave
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Industrial
Zoning
I-3
Listing Agency:
Swope Lees Commercial Real Estate LLC
Listed By:
Charles Swope · License #PA 421301
Source:
Crexi
Added: Feb 28
Changed: Oct 16
Last Checked: Oct 16 at 6:54AM
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 Swope Lees Commercial Real Estate 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.
Located at 829 Lincoln Avenue, Unit 14, this flex space property includes a 2,700 SF building. The asset is zoned I-3 and situated in West Goshen Township near Lincoln Independence Park.
The property is identified within the West Chester, Pennsylvania commercial area, providing a defined location for industrial-oriented flex space use.
The property is identified within the West Chester, Pennsylvania commercial area, providing a defined location for industrial-oriented flex space use.
Key Highlights
- 2,700 SF building
- I‑3 zoning
- Located at 829 Lincoln Avenue, Unit 14
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,107
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,140
$462.1K
Cap Rate 7%
$330,100
$330.1K
Cap Rate 9%
$256,744
$256.7K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$38.6K $14.28/SF
− Vacancy
−$3.0K −$1.11/SF
EGI
$35.5K $13.17/SF
− OpEx
−$12.4K −$4.61/SF
NOI
$23.1K $8.56/SF
Area
Chester County, PA
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,140
Cap Rate 7%
$330,100
Cap Rate 9%
$256,744
Alternative Uses
Best Use
Flex RnD
$330.1K
$288.8K – $385.1K
NOI $23,107 @ 7.0% cap · market cap 2.98%
Second Best
Industrial
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$818.6K
$716.3K – $955.1K
NOI $57,303 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,762
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19380, PA
50,692
Population
21,490
Households
2.4
Avg Household Size
43
Median Age
64%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,662
Density / Sq Mi
$122,876
Median Household Income
$69,599
Median Earnings
$1,820
Median Rent
$530,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Classic Diner Catering — 827 Lincoln Ave Unit 9, West Chester, PA 19380
Frequently Asked Questions
What type of property is this?
Flex space - The property carries I-3 zoning within West Goshen Township.
Where is this flex space located?
The property is located at 829 Lincoln Ave West Chester, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,700 SF building; I‑3 zoning; Located at 829 Lincoln Avenue, Unit 14
