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Property profile & analytics

1199 Horseshoe Pike Downingtown, PA 19335-1374

  • Turn key restaurants
  • 1,593 SF
  • 0.41 lot acres
OFF-MARKET
Value Estimation
$320,000
Location Intelligence
Property ID
US73-0819260
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 1199 Horseshoe Pike

Year built
2016
Lot size
0.41 lot acres
Property size
1,593 SF
Zone code
VC
Property type
Turn key restaurants
APN
3005 00680000
APU
300500680000

Description

This 1,528 square foot free-standing retail building, renovated in 2016, is ideally suited for a pharmacy or similar business. Located at a prominent four-way intersection on busy Route 322 (Horseshoe Pike) in Downingtown, Pennsylvania, this property boasts excellent visibility and high traffic counts exceeding 16,000 vehicles per day. The 0.41-acre lot includes 12 parking spaces, ensuring ample customer convenience. The interior features a well-designed layout including a sales floor with attractive flooring and countertops, a dedicated register area, multiple back rooms, a restroom, a security system, and a vault. This turnkey opportunity is situated in the Guthriesville submarket of East Brandywine Township, offering immediate access to a thriving customer base. The asking price is $900,000, with a price per square foot of $589.01. This single-story building presents a rare chance to acquire a well-established retail space in a high-demand location. The property's prime location and existing infrastructure make it an attractive investment for a variety of retail uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $305,000
    6.5%
    $345,000
    7%
    $340,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $335,000
    Retail
    $315,000
    Mixed-Use
    $345,000
    Hospitality
    $330,000
    Educational
    $295,000
    Residential Income
    $385,000
    Energy
    $295,000
    Income-Based Land
    $320,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
Downingtown
County
Chester
State
Pennsylvania
Longitude
-75.7633
Latitude
40.0332
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,194
$77,670
$116,030
$193,700
-
$77,670
$116,380
$194,050
More about this property
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