3341 Pricetown Rd Fleetwood, PA 19522
- Turn key restaurants
- 6,986 SF
- 2.77 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3341 Pricetown Rd
- Year built
- 1954
- Construction
- FRAME
- Lot size
- 2.77 lot acres
- Property size
- 6,986 SF
- Property type
- Turn key restaurants
- APN
- 5329-02-97-8973
- APU
- 532902978973
Description
This two-story, free-standing retail building at 3341 Pricetown Road, Fleetwood, PA 19522, sits on a 2.7-acre lot. Built in 1654, the property is zoned Hwy Commercial in Ruscombmanor Township and features a single unit. Currently operating as a turnkey restaurant, complete with equipment and an "R" Liquor License, this location offers high visibility at a busy, lighted intersection of Route 12 and Route 73, boasting 20,000 vehicles per day. The substantial lot size presents a significant redevelopment opportunity for those seeking to expand retail space, add quick-service restaurants (QSR), or fast-casual restaurants (FCR). The property's APN is 5329-02-97-8973. This presents a unique opportunity for both established restauranteurs and developers alike. The building's historical significance adds character and potential for unique branding. The high traffic count ensures significant exposure for any business. This is a rare combination of established business and redevelopment potential in a prime location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $415,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $355,000
- Mixed-Use
- $330,000
- Hospitality
- $365,000
- Educational
- $390,000
- Residential Income
- $380,000
- Energy
- $355,000
- Income-Based Land
- $440,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Fleetwood
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.8466
- Latitude
- 40.4103
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA