534 Church Ln Lansdowne, PA 19050
- Commercial real estate
- 3,300 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 534 Church Ln
- Year built
- 1950
- Lot size
- 0.12 lot acres
- Property size
- 3,300 SF
- Property type
- Commercial real estate
- APN
- 48-00-00903-00
- APU
- 48000090300
Description
This exceptional commercial property at 534 Church Lane, Lansdowne, PA presents a rare investment opportunity. Boasting nearly 5,500 square feet of versatile space, this property is ideally situated on a major, high-traffic road in Delaware County, ensuring significant foot and vehicle traffic. Its prime location within a vibrant and densely populated area, surrounded by diverse restaurants, retail businesses, and residential neighborhoods, guarantees a consistent flow of potential customers. Currently occupied by a long-term, high-paying tenant operating a successful dry cleaning business, this property offers immediate income generation and low maintenance, making it an attractive proposition for investors seeking a high return on investment. The property's high visibility and accessibility make it suitable for a wide range of businesses, from retail establishments to professional offices. This is a chance to acquire a well-established, income-producing asset in a thriving commercial area. The property's location on Church Lane, one of Delaware County's busiest streets, further enhances its value and potential for future growth. This is a turnkey opportunity to expand or begin a commercial real estate portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $195,000
- 6.5%
- $185,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $180,000
- Mixed-Use
- $190,000
- Hospitality
- $155,000
- Educational
- $175,000
- Residential Income
- $205,000
- Energy
- $190,000
- Income-Based Land
- $150,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Lansdowne
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.255
- Latitude
- 39.9373
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA