Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    341-437 Gap Newport Rd Avondale, PA 19311

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    341-437 Gap Newport Rd Avondale, PA 19311

    View on Map
    • Retail properties & Spaces
    • 2.62 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 341-437 Gap Newport Rd

    Lot size
    2.62 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Grocery and convenience stores

    Description

    This exceptional commercial property presents a rare investment opportunity in Avondale, Pennsylvania. Located at 341-437 Gap Newport Road, this three-parcel development boasts a substantial 2.62-acre lot size and an impressive 615 feet of frontage on the highly visible Gap Newport Road (Route 41). The property is zoned C Commercial within London Grove Township, offering considerable flexibility for a variety of commercial uses. Currently operating as a convenience store, the property's prime location and ample space make it ideal for expansion or redevelopment. The asking price is $775,000, representing a compelling value for a property with such significant potential. The property's strategic location ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures seeking a foothold in a thriving market. This is a chance to acquire a well-situated commercial property with significant growth potential in a desirable location. The substantial lot size and prominent road frontage offer numerous possibilities for future development and expansion. Don't miss this opportunity to secure a valuable asset in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Avondale
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.7778
    Latitude
    39.8211

    Comparable in this City

    • Value Estimation by Request
      302,233 SF

      550 Gap Newport Pike

      Lifestyle centers • 302,233 SF
      550 Gap Newport Pike, Avondale, PA 19311
      View Details
    • Value Estimation by Request

      Gap Newport Pike

      Restaurants
      0 Gap Newport Pike, Avondale, PA 19311
      View Details
    • Value Estimation by Request
      3,760 SF

      565 Baltimore Pike

      FINANCIAL BUILDING • 3,760 SF
      565 Baltimore Pike, Avondale, PA 19311-9552
      View Details
    • Value Estimation by Request
      1,484 SF

      119 Pennsylvania Ave, Unit 1

      FINANCIAL BUILDING • 1,484 SF
      119 Pennsylvania Ave, Avondale, PA 19311-1154
      View Details
    • Value Estimation
      $755,000
      4,287 SF

      8955 Gap Newport Pike

      GAS STATION • 4,287 SF
      8955 Gap Newport Pike, Avondale, PA 19311-9797
      View Details
    • Value Estimation
      $2,465,000
      14,945 SF

      600 Gap Newport Pike

      RESTAURANT • 14,945 SF
      600 Gap Newport Pike, Avondale, PA 19311-9504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.56 Acres

      Avondale Retail Building - Prime Location

      High-Visibility Retail Space, 3760+ sq ft
      565 Baltimore Pike, Avondale, PA 19311
      View Details
    • Contact for pricing
      3,760 SF

      Avondale Office/Retail/Restaurant Opportunity

      3,760 SF building near Baltimore Pike, ready for occupancy.
      565 E Baltimore Pike, Avondale, PA 19311
      View Details
    • Contact for pricing

      Retail Space and Pads Available

      Retail spaces and build-to-suit pads available for lease.
      550 Gap Newport Pike, Avondale, PA 19311
      View Details
    • Contact for pricing

      5.5 Acres Wooded Land

      Vacant land with high visibility on Limestone Road.
      6743 Limestone Rd, Avondale, PA 19311
      View Details
    • $599,900
      3.09 Acres

      Avondale Commercial Land & Buildings

      3-Acre Commercial Property, Two Buildings, High Traffic
      8800 Gap Newport Pike, Avondale, PA 19311
      View Details
    • Contact for pricing
      2,520 SF

      Versatile Commercial Space in Avondale

      Commercial space with conference room and shared bathroom in Avondale.
      200 Industrial Dr, Avondale, PA 19311
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail spaces available for lease in Avondale, Pennsylvania.
      550 Hepburn Rd, Avondale, PA 19311
      View Details
    • Contact for pricing
      3,223 SF

      Retail Space in Avondale Center

      Retail space available in a shopping center anchored by Lowe's.
      801-923 Gap Newport Pike, Avondale, PA 19311
      View Details
    • Contact for pricing
      5,000 SF

      Southern Chester County Shopping Center

      Premier shopping center with available end cap and build-to-suit.
      558 Hepburn Rd, Avondale, PA 19311
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Chester County

      Premier shopping center location in Southern Chester County, Pennsylvania.
      550 Hepburn Rd, Avondale, PA 19311
      View Details
    • Contact for pricing
      5,000 SF

      Southern Chester County Shopping Center

      Premier shopping center with available end cap and build-to-suit.
      554 Hepburn Rd, Avondale, PA 19311
      View Details
    • Contact for pricing
      58,125 SF

      Avondale Office and Retail Space

      Office and retail spaces available for rent in Avondale.
      500 Hepburn Rd, Avondale, PA 19311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    341-437 Gap Newport Rd
    Avondale, PA 19311
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    341-437 Gap Newport Rd, Avondale, PA, 19311

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!