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Property profile & analytics
OFF-MARKET
Auto shops

50 Macdade Blvd Glenolden, PA 19036-1725

1,272 SF 0.34 ac lot Built 1950
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US73-1840389
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Total area 1,272 SF
Lot 0.34 ac (15,000 SF)
APN 21-00-01374-00
UPID US73-1840389
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kimlong Leang · 3 yrs held
Kimlong Leang
since 2022
Last sale
$320,000
1 recorded transaction
2022
$320,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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