Exton Industrial/Flex Space
For Sale
Contact for pricing
315 S Whitford Rd, Exton, PA 19341
Industrial/flex space with mixed-use buildings on 2.5 acres.
Property Size8,600 SF
Lot Size2.50 Acres
Price / SF$226.74
Days on Market1164
Property Features for 315 S Whitford Rd
General Information
Standard status
Active
Size
8,600 SF
Lot size
2.50 Acres
Property subtype
Industrial, Mixed Use
Zoning
I-1 Limited Industrial
Investment Type
Owner/User
Building Details
Year Built
1900
Buildings
3
Stories
2
Listing Agency:
Swope Lees Commercial Real Estate LLC
Listed By:
Jim Lees · License #PA
Source:
Crexi
Added: Jun 28, 2023
Changed: Aug 28
Last Checked: Sep 3 at 5:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swope Lees Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This property presents an opportunity for industrial or flex space, featuring three mixed-use buildings situated on 2.5 acres. The property is located at 315 S. Whitford Rd in Exton, PA. Zoned I-1, the property is suitable as an owner/user investment. The property benefits from a corner location with high visibility in the Exton area, near the intersection of Whitford Road and Route 30. The property contains 8,600 square feet.
Key Highlights
- Prime corner location with high visibility
- I‑1 zoning suitable for industrial/flex space
- Three mixed‑use buildings on 2.5 acres
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$135,206
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,704,120
$2.7M
Cap Rate 7%
$1,931,514
$1.9M
Cap Rate 9%
$1,502,289
$1.5M
Market Conditions
NOI Build-Up for 8,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$223.9K $26.04/SF
− Vacancy
−$43.7K −$5.08/SF
EGI
$180.3K $20.96/SF
− OpEx
−$45.1K −$5.24/SF
NOI
$135.2K $15.72/SF
Area
Chester County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,704,120
Cap Rate 7%
$1,931,514
Cap Rate 9%
$1,502,289
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $135,206 @ 7.0% cap · market cap 6.93%
Second Best
Mixed Use
$1.88M
$1.65M – $2.20M
NOI $131,803 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$2.61M
$2.28M – $3.04M
NOI $182,520 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 19341, PA
18,808
Population
9,209
Households
2
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
13.7 sq mi
ZIP Area
1,373
Density / Sq Mi
$122,992
Median Household Income
$71,565
Median Earnings
$2,045
Median Rent
$486,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Industrial/flex space with mixed-use buildings on 2.5 acres.
Where is this mixed-use property located?
The property is located at 315 S Whitford Rd Exton, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime corner location with high visibility; I‑1 zoning suitable for industrial/flex space; Three mixed‑use buildings on 2.5 acres
