Single-Unit Flex
831 Lincoln Avenue Unit 15, West Chester, PA 19380
For Sale
Contact for pricing
A 3,600-square-foot building configured for one commercial unit.
Property Size3,600 SF
Price / SF$290
Days on Market45
Property Features for 831 Lincoln Avenue Unit 15
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Listing Agency:
Swope Lees Commercial Real Estate LLC
Listed By:
Charles Swope · License #RM 421301
Source:
Crexi
Added: Sep 26
Changed: Nov 8
Last Checked: Nov 8 at 6:08PM
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.
This flex property contains a 3,600-square-foot building arranged for a single unit. Its flex-space classification supports a range of commercial applications, though no specific use is identified.
The property is within Lincoln Independence Park, at the junction of Lincoln Avenue and Turner Lane in West Chester, Pennsylvania.
The property is within Lincoln Independence Park, at the junction of Lincoln Avenue and Turner Lane in West Chester, Pennsylvania.
Key Highlights
- 3,600 SF building
- Configured as a single unit
- Located in Lincoln Independence Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,809
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,180
$616.2K
Cap Rate 7%
$440,129
$440.1K
Cap Rate 9%
$342,322
$342.3K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$51.4K $14.28/SF
− Vacancy
−$4.0K −$1.11/SF
EGI
$47.4K $13.17/SF
− OpEx
−$16.6K −$4.61/SF
NOI
$30.8K $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%
$616,180
Cap Rate 7%
$440,129
Cap Rate 9%
$342,322
Alternative Uses
Best Use
Flex RnD
$440.1K
$385.1K – $513.5K
NOI $30,809 @ 7.0% cap · market cap 2.95%
Second Best
Industrial
$377.6K
$330.4K – $440.5K
NOI $26,430 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,372 @ 7.0% cap · market cap 8.27%
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
$530,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Chester County, PA
Properties on Market for Flex space in Chester County
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 - A 3,600-square-foot building configured for one commercial unit.
Where is this flex space located?
The property is located at 831 Lincoln Avenue Unit 15 West Chester, PA.
What is the asking price?
The asking price for this property is $1,044,000.
What are key features of this property?
This property features: 3,600 SF building; Configured as a single unit; Located in Lincoln Independence Park
