4117 Lincoln Hwy Parkesburg, PA 19365
- Turn key restaurants
- 1,340 SF
- 0.42 lot acres
Current Use by Public Records
- Exotic Stone LLC / Countertop Store
Property Details for 4117 Lincoln Hwy
- Year built
- 1967
- Lot size
- 0.42 lot acres
- Property size
- 1,340 SF
- Zone code
- C1
- Property type
- Turn key restaurants
- APN
- 3603 00520200
- APU
- 360300520200
Description
This exceptional 1.19-acre property at 4117 W Lincoln Highway in Parkesburg, PA, presents a compelling investment opportunity. The offering encompasses two parcels, including the existing 1,680 square foot building situated on a 0.42-acre lot and an adjacent 0.77-acre parcel (36-3-52.4B). This combined acreage allows for significant expansion of the existing structure or complete redevelopment. The property's versatile zoning allows for a wide range of commercial uses, providing considerable flexibility for future development. Potential uses include, but are not limited to, professional offices, daycare centers, schools, churches, medical clinics, restaurants, banks, and fitness centers. Located in a rapidly developing market, this property offers substantial upside potential for investors seeking a prime location with diverse development possibilities. The asking price is $500,000. This is a rare opportunity to acquire a substantial property in a high-growth area with significant potential for future returns. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $195,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $180,000
- Mixed-Use
- $220,000
- Hospitality
- $240,000
- Educational
- $235,000
- Residential Income
- $210,000
- Energy
- $235,000
- Income-Based Land
- $240,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Parkesburg
- County
- Chester
- State
- Pennsylvania
- Longitude
- -75.9416
- Latitude
- 39.9847
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA