1100 Valley Rd Wayne, PA 19087
- Office buildings
- 8,521 SF
- 0.62 lot acres
Current Use by Public Records
- Neal Neuman, D.M.D. / Dentist
- Neuman Dental Associates Inc / Dentist
- Richard C. Gallo: Allstate Insurance / Insurance Company / Life Insurance Agency
- Allstate Personal Financial Representative: Finn Tellefsen / Insurance Agency / Life Insurance Agency
- Nocito Chiropractic / Chiropractor / Nutritionist
Property Details for 1100 Valley Rd
- Year built
- 1967
- Lot size
- 0.62 lot acres
- Property size
- 8,521 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 4305 01020000
- APU
- 430501020000
Description
This exceptional two-story, 8,521 square foot medical office building, located at 1100 West Valley Road in Wayne, Pennsylvania, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2019, the Class B property boasts a desirable location in Chester County, offering unparalleled access to Route 202 and Swedesford Road, adjacent to the Gateway Shopping Center and minutes from King of Prussia Town Center. The building features four suites, with three currently available, ranging from 498 to 2,134 contiguous square feet. The minimum divisible space is 498 square feet. Total vacant space is 3,982 square feet. Suite #1 (498 sq ft) is available for $22.00 per square foot, or $913 per month all inclusive. Suite #2 (1,388 sq ft) is available for $22.00 per square foot, or $2,545 per month all inclusive. Suite #12 (1,025-1,425 sq ft) is available for $20.00 per square foot, or $1,708-$2,375 per month all inclusive. The property sits on a 27,000 square foot lot and includes a 37-space parking lot. The C Commercial zoning allows for a wide range of commercial, retail, and professional office uses. High visibility is ensured by highway signage and the property's location experiences 89,000 vehicles per day.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,260,000
- 6.5%
- $1,170,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,290,000
- Geo Method
- $1,290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,170,000
- Retail
- $1,150,000
- Mixed-Use
- $1,295,000
- Hospitality
- $1,310,000
- Educational
- $1,315,000
- Residential Income
- $1,125,000
- Energy
- $1,200,000
- Income-Based Land
- $1,370,000
- Food Service
- $1,325,000
Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.4282
- Latitude
- 40.0736
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
