0 Rte 202 & Greentree Dr West Chester, PA 19382
This exceptional 5.897-acre commercial land parcel presents a unique investment opportunity in West Chester, Pennsylvania. Situated at the intersection of Route 202 and Greentree Drive, in Chester County, this property boasts prominent frontage along Route 202, offering excellent visibility and accessibility. The land is zoned R-2 – Residential District within Thornbury Township, and includes pending special exceptions for schools, educational institutions, clubs/lodges, and churches or similar places of worship. This presents a diverse range of potential development options. The property comprises two parcels, one measuring 2.3 acres and the other 3.5 acres, allowing for flexibility in development plans. Its strategic location provides easy access to the Borough of West Chester, Concordville, and the City of Wilmington, DE, making it an attractive site for a variety of commercial ventures. The estimated 2023 land value is approximately $3,233.74 per acre. This prime location and flexible zoning make this a highly desirable property for discerning investors seeking a significant development opportunity in a thriving area. The zip code is 19382.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.