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    718 Baltimore Ave Kennett Square, PA 19348

    Sponsored
    For Lease
    Contact for pricing

    2.82 Acres, Multi-Use Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.82-acre commercial land parcel presents a unique investment opportunity in the thriving Kennett Square area. Strategically located at a gateway to the town, this property boasts a prime location with excellent visibility and accessibility. The zoning allows for a diverse range of uses, including multi-family residential, medical facilities, office space, and retail establishments. This versatility makes it ideal for developers seeking to capitalize on the area's strong demand for various commercial and residential options. The site offers a full access pad site, simplifying development and construction. With a significant population base of 24,667 households within a 15-minute drive, this location ensures a substantial customer and resident pool. The property is situated near established retailers such as Walmart, Giant, Ross, and TJ Maxx, further enhancing its appeal and potential for success. This is a rare chance to acquire a sizable, well-located parcel in a rapidly growing market, offering significant potential for long-term growth and return on investment. The absence of existing structures allows for complete design flexibility, catering to a wide array of development plans. This prime location and flexible zoning make this a truly exceptional opportunity for commercial development in Chester County.

    Property Features for 718 Baltimore Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 2.82‑acre commercial land parcel in Chester County.
    • Single‑tenant zoning.
    • Multi‑Family, Medical, Office, and Retail zoning allows for diverse development options.
    • Prime location at the gateway to Kennett Square.
    • Full access pad site.
    • Excellent demographics: 24,667 households within a 15‑minute drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kennett Square
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.7116032
    Latitude
    39.8467767

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    Nearby Similar for Lease

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      404 Mcfarlan Rd

      Medical offices • 22,500 SF
      404 Mcfarlan Rd, Kennett Square, PA 19348
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    FAQs

    What type of property is this?
    Land - 2.82 Acres, Multi-Use Zoning
    Where is this land located?
    The property is located at 718 Baltimore Ave Kennett Square, PA.
    What are key features of this property?
    This property features: 2.82-acre commercial land parcel in Chester County.; Single-tenant zoning.; Multi-Family, Medical, Office, and Retail zoning allows for diverse development options.
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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 Ave Kennett Square, PA 19348
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