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Property profile & analytics
FOR LEASE
Office buildings

103 Chesley Dr Media, PA 19063

15,120 SF 1.5 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-2276775
Property summary
AI-generated overview

This exceptional 1,600-square-foot office space is ideally situated at 103 Chesley Drive, Unit 200, in Rose Valley, Pennsylvania, within Delaware County. The property, built in 1986 and zoned COMM, offers a versatile layout perfect for a variety of professional uses. Currently fully vacant, this second-floor suite boasts four private offices, a convenient kitchenette, and a spacious open area, providing ample room for both individual work and collaborative efforts. The space is equipped with Cat5 wiring for reliable internet service. The Chesley Office Complex provides excellent parking for tenants and staff. The asking rent is $19.75 per square foot, plus utilities (telephone, internet, proportionate share of electric, water, sewer, and janitorial). This finely renovated building offers attractive amenities and a convenient location, with easy access to the Blue Route and Baltimore Pike. The property's location makes it particularly well-suited for businesses such as law firms, accounting firms, or insurance agencies. This is a rare opportunity to secure a fully vacant, move-in ready office suite in a desirable location. The total building square footage is 1,600 square feet.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 15,120 SF
Lot 1.5 ac (65,340 SF)
APN 34-00-00721-26
UPID US73-2276775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Deasey Mahoney Valentini Law Firm
  • Bross & Frankel, P.A. Law Firm
  • Peterson, Fieo & Co. Consultant
  • IvyWest Financial - Philadelphia Financial Advisor
  • IPQ Analytics, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$1.00M
Owner & transaction history
Mjn Lafayette LLC · 9 yrs held
Mjn Lafayette LLC
since 2017
7 recorded transactions
2021
Price N/A
2017
$1.5M
2015
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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