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    1403 Horse Shoe Pike Glenmoore, PA 19343
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    Property profile & analytics

    1403 Horse Shoe Pike, Glenmoore, PA 19343

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    • Commercial real estate
    • 22,800 SF
    • 10.00 lot acres
    For Lease
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    Glenmoore Retail Center - 10 Acres For Lease
    Contact for pricing

    Glenmoore Retail Center - 10 Acres

    High-visibility retail space, 10 acres, flexible leasing.

    1403 Horse Shoe Pike, Glenmoore, PA 19343
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    Property ID
    US73-1688767
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1403 Horse Shoe Pike

    Lot size
    10.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 22,800 square foot retail property, situated on a sprawling 10-acre lot in Glenmoore, Pennsylvania, presents a unique investment opportunity. Located at 1403 Horseshoe Pike, this property is zoned RM - Rural Mixed-Use District within Chester County, offering significant flexibility for various commercial ventures. The entire 22,800 square feet is currently vacant, providing a blank canvas for a single large tenant or the potential for multiple occupants. Divisible spaces are available, with a minimum leasable area of 10,000 square feet and a maximum contiguous space of 12,800 square feet. This prime location offers exceptional visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The expansive 10-acre lot provides ample parking and potential for future expansion. The property's address is 1403 Horseshoe Pike, Downingtown, PA 19343. This is a rare opportunity to secure a substantial retail space in a desirable Chester County location. The property's size and zoning allow for a wide range of commercial uses, making it an attractive option for businesses of all sizes. Contact us today to learn more about this exceptional property and its leasing possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Glenmoore
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.786513
    Latitude
    40.049375

    Comparable in this City

    • Contact for pricing

      Retail Space Sublease Opportunity

      Retail space ideal for a pet-related business, sublease opportunity.
      2934 Conestoga Rd, Glenmoore, PA 19343
      View Details
    • $1,900 /Mo
      43,560 SF

      Glenmoore Office Space Available

      1200 SF office space for lease in Glenmoore, PA.
      1691 Horse Shoe Pike, Glenmoore, PA 19343
      View Details
    • $1,700 /Mo
      43,560 SF

      Glenmoore Office Space Available

      1100 SF office space with multiple setup options.
      1691 Horse Shoe Pike, Glenmoore, PA 19343
      View Details

    Similar Nearby for Sale

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      Land For Sale in Glenmoore

      Land available on corner of Little Conestoga and Pumpkin Hill.
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    • $419,900
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      Land in Scenic Glenmoore, PA

      5-acre parcel to build your dream estate in Chester County.
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    • $950,000
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      Land in Serene Glenmoore, PA

      Picturesque land parcel in Glenmoore, PA, ideal for building dream homes.
      Creek Rd, Glenmoore, PA 19343
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      Land For Sale

      Land available for purchase.
      1403 Horseshoe Pike, Downingtown, PA 19343
      View Details
    • $950,000
      5,833 SF

      Glenmoore Multifamily Investment Opportunity

      Five-unit property, high rental income potential.
      2040 Creek Rd, Glenmoore, PA 19343
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      1,728 SF

      Residential Home with Garage

      Three-bedroom home with a two-car garage.
      34 Valley Oak Rd, Glenmoore, PA 19343
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Sublease Opportunity

      Retail space ideal for a pet-related business, sublease opportunity.
      2934 Conestoga Rd, Glenmoore, PA 19343
      View Details
    • $1,900 /Mo
      43,560 SF

      Glenmoore Office Space Available

      1200 SF office space for lease in Glenmoore, PA.
      1691 Horse Shoe Pike, Glenmoore, PA 19343
      View Details
    • $1,700 /Mo
      43,560 SF

      Glenmoore Office Space Available

      1100 SF office space with multiple setup options.
      1691 Horse Shoe Pike, Glenmoore, PA 19343
      View Details
    View Listing
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    Glenmoore, PA 19343
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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