50 Macdade Blvd Glenolden, PA 19036-1725
This exceptional 1,272 square foot property at 50 S Macdade Boulevard in Glenolden, Pennsylvania presents a unique investment opportunity. Currently configured as an auto shop, this corner lot boasts high visibility and accessibility in a bustling commercial district, ensuring maximum exposure for any business. The significant advantage of this property lies in the pre-approved township plans for conversion into a dynamic three-unit commercial plaza. This eliminates lengthy permitting processes and allows for immediate development, capitalizing on the growing demand for commercial space in the area. The property's location guarantees high traffic volume, attracting a diverse clientele. The approved plans provide a clear roadmap for development, minimizing risk and maximizing return on investment. This is an ideal opportunity for both seasoned investors seeking to expand their portfolio and entrepreneurs looking to establish a thriving business in a prime location. The solid foundation of the existing structure, combined with the approved plans, offers a streamlined path to creating a profitable commercial venture. Don't miss this chance to acquire a property with significant upside potential in a highly desirable area of Glenolden.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.