Technical
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Property profile

1786 Wilmington Pike Glen Mills, PA 19342

OFF-MARKET
Office buildings
Property ID
US73-5624464
18,696 SF 0.14 ac lot Built 1988
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional three-story, 18,425 square foot Class B office building, located at 1786 Wilmington West Chester Pike in Glen Mills, Pennsylvania (zip code 19342), presents a unique investment opportunity. The property is zoned PBC (Planned Business Center) and features eleven suites, with a minimum divisible space of 1,293 square feet and currently 7,863 square feet of vacant space available for lease or sale. Suitable for both traditional office and medical office uses, this building boasts a single elevator and underwent significant renovations in 2018, including a new roof, energy-efficient LED lighting, updated windows, and a modern HVAC system. The building's prime location offers convenient access to major transportation routes and amenities. Individual suites ranging from approximately 1,293 to 4,197 square feet are available, providing flexibility for various business needs. This well-maintained property represents a strong investment opportunity in a thriving Pennsylvania market. The building's modern amenities and strategic location make it an ideal choice for businesses seeking high-quality office space. Contact us today to learn more about this exceptional property and the available leasing or purchase options.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 18,696 SF
Lot 0.14 ac (6,142 SF)
APN 04-00-00321-01
UPID US73-5624464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Gym & Fitness Center
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice

Location

1786 Wilmington Pike Glen Mills, PA 19342
Glen Mills metro Census 410306 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$1.16M

Owner & transaction history

since 2017
7 recorded transactions
2022
Price N/A
2017
$2.5M
2013
Price N/A
2008
$3.6M
2005
$2.2M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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