West Goshen Flex Building
For Sale
Contact for pricing
1109 Saunders Ct, West Chester, PA 19382
Flex building for sale, excellent investment or owner/user opportunity.
Property Size25,600 SF
Price / SF$140
Days on Market1208
Property Features for 1109 Saunders Ct
General Information
Standard status
Active
Size
25,600 SF
Property subtype
Industrial
Zoning
I-2
Investment Type
Owner/User
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Swope Lees Commercial Real Estate LLC
Listed By:
Charles Swope · License #PA 421301
Source:
Crexi
Added: Jun 28, 2023
Changed: Oct 2
Last Checked: Oct 16 at 6:27AM
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 building, situated in West Goshen, presents an opportunity for investment or owner-occupancy. The property is located off the intersection of Phoenixville Pike and the 322 Bypass. The building has a size of 25,600 square feet.
Key Highlights
- Excellent investment opportunity
- Suitable for owner/user
- Flex building offers versatility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$219,085
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,381,700
$4.4M
Cap Rate 7%
$3,129,786
$3.1M
Cap Rate 9%
$2,434,278
$2.4M
Market Conditions
NOI Build-Up for 25,600 SF
Gross rent
$365.6K $14.28/SF
− Vacancy
−$28.5K −$1.11/SF
EGI
$337.1K $13.17/SF
− OpEx
−$118.0K −$4.61/SF
NOI
$219.1K $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%
$4,381,700
Cap Rate 7%
$3,129,786
Cap Rate 9%
$2,434,278
Alternative Uses
Best Use
Flex RnD
$3.13M
$2.74M – $3.65M
NOI $219,085 @ 7.0% cap · market cap 6.11%
Second Best
Industrial
$2.68M
$2.35M – $3.13M
NOI $187,945 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$7.76M
$6.79M – $9.06M
NOI $543,316 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19382, PA
52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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 - Flex building for sale, excellent investment or owner/user opportunity.
Where is this flex space located?
The property is located at 1109 Saunders Ct West Chester, PA.
What is the asking price?
The asking price for this property is $3,584,000.
What are key features of this property?
This property features: Excellent investment opportunity; Suitable for owner/user; Flex building offers versatility
