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3540 Lincoln Hwy Thorndale, PA 19372

OFF-MARKET Warehouses Google Maps
2,000 SF Built 1980
Estimated value
No estimation on file for this property yet.
Property ID US73-0480328

Property summary

AI-generated overview

This exceptional investment opportunity in Thorndale, PA, presents a thriving, turnkey towing and automotive business established in 1996. The property includes four tow trucks valued at $600,000, all necessary equipment for continued operations, and six fully-leased residential units, providing a stable income stream beyond the core business. Located at 3540 Lincoln Hwy, this mixed-use property boasts a substantial 30,650 square foot lot and a 2,000 square foot building, zoned TV1. The property features a Class B building constructed in 1980 and offers a compelling 14.30% cap rate with a Net Operating Income (NOI) of $429,139. The asking price is $3,000,000, representing a fee simple ownership opportunity. The property's APN is 39-04H-0033, 39-04H-0033.0100, 39-04H-0034, 39-04H-0035, 39-04H-0036. The business enjoys long-term contracts and offers significant value-add potential through business expansion or rental income increases. The property is ideally situated on Business Route 30 and is ready for immediate operation, with no deferred maintenance. Occupancy for the property is slated for December 13, 2024. This is a rare opportunity to acquire a well-established business with substantial rental income, offering both immediate returns and long-term growth potential.

Property profile

Verified
Property type Warehouses
Year built 1980
Total area 2,000 SF
UPID US73-0480328

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
  • Auto Repair Shop
  • Home Decor Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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