480 Conchester Hwy Aston, PA 19014
- Parking lots & garages
- 14,600 SF
- 2.00 lot acres
Current Use by Public Records
- Endurance Physical Therapy / Sports Medicine Physician
Property Details for 480 Conchester Hwy
- Year built
- 1990
- Lot size
- 2.00 lot acres
- Property size
- 14,600 SF
- Property type
- Parking lots & garages
- APN
- 09-00-01047-01
- APU
- 9000104701
Description
This exceptional investment opportunity presents Stoney Pond Plaza, a 14,400-square-foot shopping center located at 480 Conchester Highway in Aston, Pennsylvania (zip code 19014). The property sits on a 1.9-acre lot and boasts a strong 5.78% capitalization rate, generating a net operating income (NOI) of $260,000. Priced at $4,500,000 ($312.50 per square foot), this net-lease property offers a stable income stream from a diverse mix of retail and medical tenants. Currently, the center enjoys near full occupancy with twelve individual units. The property features 95 parking spaces and offers significant potential for further development, including a drive-thru option. With 295 feet of frontage on Conchester Highway, the center benefits from high visibility and accessibility in a densely populated area of Delaware County. An approved 0.7-acre pad site provides additional expansion opportunities within this thriving commercial corridor. This prime location in a densely populated Philadelphia suburb ensures consistent traffic and strong tenant demand, making Stoney Pond Plaza an attractive investment for discerning buyers seeking a stable, high-return property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aston
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.4355
- Latitude
- 39.848
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
