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    718 Baltimore Pike Kennett Square, PA 19348

    Sponsored
    For Sale
    Contact for pricing

    Prime 2.82-acre site, versatile zoning.

    Property size:
    24,667 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.82-acre commercial property located at 718 E. Baltimore Ave in Kennett Square, Pennsylvania (zip code 19348), presents a unique investment opportunity. The property boasts a total square footage of 24,667 and is strategically positioned at a gateway to Kennett Square, offering excellent visibility and accessibility. The permitted zoning is highly versatile, allowing for multi-family, medical, office, and retail uses, providing significant flexibility for development. This prime location benefits from its proximity to major retailers, including Walmart, Giant, Ross, TJ Maxx, and more, ensuring high traffic and consumer visibility. The site's substantial size and diverse zoning potential make it ideal for a variety of commercial ventures. The property is situated in Chester County, Pennsylvania, and is easily accessible via Baltimore Pike. With a significant population base within a 15-minute drive time (24,667 households), this location offers a strong foundation for a successful commercial development. This land parcel represents a rare opportunity to acquire a highly desirable commercial site in a thriving area. The property's location and zoning make it an attractive investment for developers seeking a prime location with diverse development possibilities.

    Property Features for 718 Baltimore Pike

    General Information

    Property type
    Multifamily properties
    Square Feet
    24,667 SF
    Lot Size
    122,839 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennett Square
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.7239565
    Latitude
    39.8450457

    Nearby Comparable

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    FAQs

    What type of property is this?
    Multifamily property - Prime 2.82-acre site, versatile zoning.
    Where is this multifamily property located?
    The property is located at 718 Baltimore Pike Kennett Square, PA.
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    718 Baltimore Pike Kennett Square, PA 19348
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    Kennett Square, PA 19348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    718 Baltimore Pike Kennett Square, PA 19348
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