701 W State St Kennett Square, PA 19348
For Sale
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This exceptional 0.42-acre commercial land parcel, located at 701 West State Street in Kennett Square, Pennsylvania, presents a compelling investment opportunity. Situated in Chester County, zip code 19348, this property boasts a highly desirable C-2 zoning designation, opening doors to a wide array of potential commercial uses. The lot's prime corner location on State Street ensures high visibility and accessibility, further enhanced by its placement at a signalized intersection. This strategic positioning guarantees significant exposure to a substantial volume of daily traffic. The property's 0.42-acre size offers ample space for development, while its proximity to several recently completed developments underscores the area's robust growth and potential for future appreciation. The asking price for this exceptional property is $500,000. This is a rare chance to acquire a strategically located commercial lot in a thriving Pennsylvania market. Don't miss this opportunity to capitalize on the potential of this prime development site. The property's latitude and longitude coordinates are 39.845687 and -75.720825 respectively.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Kennett Square, PAKennett Square. Always verify with local authorities before improvements.
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.