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Property profile & analytics
OFF-MARKET Estimated value $615,000
Warehouses

478 Christine Rd Nottingham, PA 19362-9701

7,200 SF 1.5 ac lot Built 2001
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-1814913
Property summary
AI-generated overview

This exceptional 8,500-square-foot retail property is ideally situated at 478 W Christine Rd, Nottingham, PA 19362, in Chester County. The single-tenant building boasts a highly desirable location on a well-traveled road, ensuring excellent visibility and accessibility for businesses. The ground-level space features two 16' x 16' overhead drive-in doors and one loading dock door, providing convenient access for loading and unloading. High ceilings and a large open area are complemented by approximately one-quarter of the space dedicated to offices, a kitchen, and a reception area. The property includes 20 parking spaces, with additional parking potentially available at an extra cost. Significant upgrades have been made to the electrical and HVAC systems. The building sits on a 4-acre lot and is zoned for commercial use. The annual property taxes are $8,214 per square foot. While the current configuration is suitable for a variety of retail uses, prospective tenants should verify permitted uses with the Nottingham Township zoning department. The owner is open to considering various business types. This property presents a rare opportunity to acquire a well-maintained, versatile commercial space in a prime Nottingham location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Total area 7,200 SF
Lot 1.5 ac (65,340 SF)
Zoning code C
APN 6802 00550100
UPID US73-1814913
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
$669k
Blend (final) Blend
$615k
Owner & transaction history
W Ronald Reid · 9 yrs held
W Ronald Reid
since 2016
3 recorded transactions
2016
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
C · Nottingham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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