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    1026 Pottstown Pike Chester Springs, PA 19425

    Sponsored
    For Sale
    $1,400,000

    2.83 Acres, Approved Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.83-acre commercial land parcel, located at 1026 Pottstown Pike in Chester Springs, Pennsylvania (zip code 19425), presents a unique investment opportunity. Situated in the Ludwigs Village Center Commercial District of desirable West Vincent Township, Chester County, this property boasts a strategic location at the corner of routes 401 and 100. The site is already approved for development, offering significant flexibility for potential buyers. Two pre-approved development plans exist: Option one allows for the construction of 20,000 square feet of commercial space alongside 20 multifamily units. Option two permits the development of a 16,400 square foot pharmacy and a 3,500 square foot fast-food restaurant. However, the property's approved status also allows a buyer to pursue approvals for alternative uses, tailoring the development to their specific needs and vision. Public utilities are readily available in the immediate vicinity, simplifying the construction process. The asking price for this prime commercial land is $1,400,000. This presents a rare chance to acquire a ready-to-develop site in a highly sought-after location with multiple development options. Don't miss this opportunity to capitalize on the potential of this exceptional property.

    Property Features for 1026 Pottstown Pike

    General Information

    Property type
    Land
    Lot Size
    123,275 SF

    HighLights

    • 2.83‑acre commercial land parcel in the Ludwigs Village Center Commercial District (LVCC).
    • Strategic location at the corner of Routes 401 and 100 in desirable West Vincent Township, Chester County, PA.
    • Versatile development potential with readily available public utilities.
    • Approved for 20,000 SF of commercial space plus 20 multifamily units, or a 16,400 SF pharmacy and 3,500 SF fast‑food restaurant.
    • Alternative uses may be pursued with buyer‑obtained approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Chester Springs
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.693142
    Latitude
    40.114151

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    FAQs

    What type of property is this?
    Land - 2.83 Acres, Approved Development
    Where is this land located?
    The property is located at 1026 Pottstown Pike Chester Springs, PA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 2.83-acre commercial land parcel in the Ludwigs Village Center Commercial District (LVCC).; Strategic location at the corner of Routes 401 and 100 in desirable West Vincent Township, Chester County, PA.; Versatile development potential with readily available public utilities.
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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
    1026 Pottstown Pike Chester Springs, PA 19425
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