1201 Airport Rd Coatesville, PA 19320
- Office buildings
- 7,120 SF
- 7.00 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1201 Airport Rd
- Year built
- 1900
- Lot size
- 7.00 lot acres
- Property size
- 7,120 SF
- Zone code
- PD
- Property type
- Office buildings
- APN
- 3802 00490000
- APU
- 380200490000
Description
This exceptional investment opportunity encompasses three distinct buildings situated on a sprawling seven-acre lot in Coatesville, Pennsylvania. The property boasts a total of 11,828 square feet of usable space, strategically divided among three structures. Building One, known as "The Barn," offers a generous 5,936 square feet of adaptable space. Building Two, "The Farmhouse," provides an additional 2,872 square feet. Both "The Barn" and "The Farmhouse" are currently leased to a daycare center, generating consistent rental income. Completing this impressive portfolio is a 3,020-square-foot warehouse, presenting significant potential for expansion or diversification of the existing business model. The property's substantial size, combined with the existing income stream and the potential for future development, makes this a compelling investment opportunity with a strong net operating income and attractive capitalization rate. The location at 1201 Airport Road offers convenient access to major transportation routes, enhancing its appeal to a wide range of potential tenants and investors. This multi-building property presents a rare chance to acquire a well-established, income-producing asset with significant upside potential. The property's versatility and established tenancy make it an ideal investment for both seasoned and emerging investors seeking a stable and profitable venture.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,790,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,470,000
- 7%
- $1,490,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,280,000
- Geo Method
- $1,575,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,545,000
- Retail
- $1,185,000
- Mixed-Use
- $1,455,000
- Hospitality
- $1,370,000
- Educational
- $1,595,000
- Residential Income
- $1,555,000
- Energy
- $1,590,000
- Income-Based Land
- $1,240,000
- Food Service
- $1,435,000
Location Insight
- Map
- Local Demand
- City
- Coatesville
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.8729
- Latitude
- 39.9934
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
