1056 Old Swede Rd Douglassville, PA 19518-9216
- Warehouses
- 5,220 SF
- 1.45 lot acres
Current Use by Public Records
- The Fredrock Sanctuary / Chiropractor
- Enchanted Essences / Alternative Medicine Practitioner
- Simple Abundant Wellness / Wellness Program
- Tri Allostasis / Wellness Center / Gift Shop
- Center of Well-Being / Wellness Center / Massage
Property Details for 1056 Old Swede Rd
- Year built
- 1965
- Lot size
- 1.45 lot acres
- Property size
- 5,220 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 5365-09-27-2361
- APU
- 536509272361
Description
This exceptional 4.1-acre parcel, located at 1056 Old Swede Rd, Douglassville, PA 19518, presents a remarkable opportunity for commercial development. Zoned Rural Commercial, this property offers significant potential for a variety of uses, including daycare centers, senior living facilities, and retail establishments. Its strategic location provides easy access to major highways, with Route 422 less than three miles away. The area boasts a strong residential base within a five-mile radius, ensuring a readily available customer pool. The property is offered at a compelling price of $475,000, translating to approximately $128,048.78 per acre. The APN is 24-5365-09-27-2361, and the ownership is fee simple. This is a fantastic opportunity for investors seeking a prime location with high development potential. The seller is motivated, and reasonable offers will be considered. Don't miss this chance to acquire this valuable commercial land in a thriving Berks County community. Act quickly, as this property is expected to generate significant interest.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $315,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $270,000
- Mixed-Use
- $250,000
- Hospitality
- $335,000
- Educational
- $260,000
- Residential Income
- $310,000
- Energy
- $305,000
- Income-Based Land
- $330,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Douglassville
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.7338
- Latitude
- 40.2967
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
