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    Evergreen Rd Pottstown, PA 19464

    Sponsored
    For Sale
    Contact for pricing

    24 Acres, Restaurant Opportunity, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 24-acre mixed-use development site presents a rare investment opportunity in Sanatoga, Pennsylvania. Ideally situated in Montgomery County, this property boasts unparalleled visibility and accessibility, immediately off Route 422's exit for the Philadelphia Premium Outlets (a 549,000 square foot retail center). Its strategic location places it directly across from a Costco and Chick-fil-A, ensuring high foot traffic and brand synergy. The site is also adjacent to hundreds of recently constructed townhomes and apartments, with over 1,000 additional residential units planned nearby, creating a robust and growing residential base. Further enhancing its appeal, a proposed hospital is in the immediate vicinity, promising future population growth and increased demand. The property is zoned for a variety of uses, including retail, restaurant, hotel, and multi-family residential development. Currently, there are proposed pads available for retail, restaurant, and hotel development, including a planned Wawa. This development offers a unique chance to capitalize on a thriving commercial corridor and a rapidly expanding residential community. The substantial lot size allows for significant flexibility in development plans, catering to a wide range of commercial and residential needs. Don't miss this opportunity to secure a prime location in a high-growth area.

    Property Features for 0 Evergreen Rd

    General Information

    Property type
    Restaurants
    Lot Size
    1,045,440 SF

    HighLights

    • 24+/- acre mixed‑use development opportunity in Sanatoga, PA.
    • High‑traffic location immediately off Route 422, near Philadelphia Premium Outlets (549,000 SF).
    • Excellent visibility and adjacency to Costco and Chick‑fil‑A.
    • Surrounded by existing and planned residential development (over 1,000 proposed units).
    • Adjacent to a proposed new hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pottstown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.578217926928
    Latitude
    40.239470088665

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    FAQs

    What type of property is this?
    Restaurant - 24 Acres, Restaurant Opportunity, High Traffic
    Where is this restaurant located?
    The property is located at Evergreen Rd Pottstown, PA.
    What are key features of this property?
    This property features: 24+/- acre mixed-use development opportunity in Sanatoga, PA.; High-traffic location immediately off Route 422, near Philadelphia Premium Outlets (549,000 SF).; Excellent visibility and adjacency to Costco and Chick-fil-A.
    Request Owner's contact information
    Evergreen Rd Pottstown, PA 19464
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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
    Evergreen Rd Pottstown, PA 19464
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