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480 Conchester Hwy Aston, PA 19014-3129

OFF-MARKET Parking lots & garages Google Maps
14,600 SF 2 ac lot Built 1990
Individually Owned 22-yr Hold ~ Est. High Equity
Estimated value (blended)
$515k
Range $464k – $567k (±10%)
Property ID US73-2108358

Property summary

AI-generated overview

This exceptional investment opportunity presents Stoney Pond Plaza, a 14,400-square-foot shopping center located at 480 Conchester Highway in Aston, Pennsylvania (zip code 19014). The property sits on a 1.9-acre lot and boasts a strong 5.78% capitalization rate, generating a net operating income (NOI) of $260,000. Priced at $4,500,000 ($312.50 per square foot), this net-lease property offers a stable income stream from a diverse mix of retail and medical tenants. Currently, the center enjoys near full occupancy with twelve individual units. The property features 95 parking spaces and offers significant potential for further development, including a drive-thru option. With 295 feet of frontage on Conchester Highway, the center benefits from high visibility and accessibility in a densely populated area of Delaware County. An approved 0.7-acre pad site provides additional expansion opportunities within this thriving commercial corridor. This prime location in a densely populated Philadelphia suburb ensures consistent traffic and strong tenant demand, making Stoney Pond Plaza an attractive investment for discerning buyers seeking a stable, high-return property.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1990
Total area 14,600 SF
Lot 2 ac (87,120 SF)
APN 09-00-01047-01
UPID US73-2108358

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
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2004
2 recorded transactions
2004
$1.5M
1969
Price N/A

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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