544 Pusey Ave Collingdale, PA 19023-3326
- Warehouses
- 31,208 SF
- 1.17 lot acres
Current Use by Public Records
- Warehouses
Property Details for 544 Pusey Ave
- Year built
- 1955
- Lot size
- 1.17 lot acres
- Property size
- 31,208 SF
- Property type
- Warehouses
- APN
- 11-00-02215-00
- APU
- 11000221500
Description
This exceptional industrial property, located at 544 Pusey Ave in Collingdale, Pennsylvania (zip code 19023), offers approximately 21,000 square feet of warehouse space. The single-story building, constructed in 1955, sits on a 1.1-acre lot and features a 20-foot ceiling height. Currently, the property hosts three short-term tenants, occupying 35% of the building and generating approximately $3,800 in monthly income. A significant upside potential exists by increasing rental rates to market value ($8-10 per square foot), which could generate a net income of $168,000 to $210,000 annually. The property is fenced and includes a Delaware County tax assessment of $25,186.00. The property is being sold as-is, and requires a roof replacement. The Assessor's Parcel Number (APN) is 11-00-02215-00. This presents a unique opportunity for investors seeking a value-add property with substantial income growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $285,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $240,000
- Mixed-Use
- $310,000
- Hospitality
- $250,000
- Educational
- $280,000
- Residential Income
- $285,000
- Energy
- $230,000
- Income-Based Land
- $315,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Collingdale
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2733
- Latitude
- 39.9118
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA