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Property profile & analytics
OFF-MARKET Estimated value $875,000
Office buildings

23 Paoli Pike Paoli, PA 19301-1852

7,950 SF 0.57 ac lot Built 1900
Entity Owned 1-yr Hold Free & Clear
Property ID
US73-1533496
Property summary
AI-generated overview

This exceptional commercial property, located at 23 Paoli Pike in Paoli, Pennsylvania (zip code 19301), presents a compelling investment opportunity. The 8,000+ square foot Class B multi-tenant office building sits on a 0.57-acre lot in the heart of Paoli's Town Center District (TCD). Its highly visible location at the intersection of Lancaster Avenue and Paoli Pike offers excellent accessibility and walkability to the local commuter rail station, shops, and restaurants. The building's attractive architecture enhances its curb appeal. Currently configured as a four-unit office building, this property offers significant potential for future development and redevelopment. The asking price is $995,000. Directions: From Routes 202 or 252 South, turn right onto Lancaster Avenue. Take a slight left at the light onto State Road. The building is on the right, past the Ford dealership. This property is an ideal investment for those seeking a well-located, multi-tenant office building with strong potential for growth and return. The property's location within the TCD ensures high visibility and convenient access to amenities. The existing four-unit configuration provides immediate income potential, while the ample space and prime location offer significant upside for future development or repositioning.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 7,950 SF
Lot 0.57 ac (24,620 SF)
Zoning code OP
APN 5401L00850000
UPID US73-1533496
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dayspring Counseling Services Physician Medical Clinic
  • Main Line Insurance Office Inc Insurance Agency
  • Dr. Jennifer Yue, D.D.S. Dental Office
  • Accel Academy | Paoli High School Vocational School
  • Chamberlin & Reinheimer Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$798k
Blend (final) Blend
$875k
Owner & transaction history
Madanna LLC · 1 yrs held
Madanna LLC
since 2024
Last sale
$875,000
2 recorded transactions
2024
$875,000
2021
Price N/A
Zoning & alternative use
OP · Paoli, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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