739 Secane Rd, Primos, PA 19018-2140
- Warehouses
- 15,842 SF
- 0.79 lot acres
Current Use by Public Records
- Warehouses
Property Details for 739 Secane Rd
- Year built
- 1940
- Lot size
- 0.79 lot acres
- Property type
- Warehouses
- APN
- 16-13-03061-00
- APU
- 16130306100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 28, 2025 | $875,000 | Farmers Investment Properties LLC | The Edward Hoplamazian Revocable Tr | Deed | $475k · The Edward Hoplamazian Trust |
| — | — | Joan M Patti | — | Deed Of Trust · related | $225k · Sovereign Bank |
Description
This exceptional investment opportunity presents a 15,842 square foot light industrial building situated at 739 Secane Road in Secane, Pennsylvania. Constructed circa 1950, the property boasts a unique multi-tenant configuration. A significant portion of the building, a two-story wing located on the west end, was previously occupied by a daycare and learning center, suggesting strong potential for similar uses or adaptive reuse. The original, single-story east wing currently serves as a storage area for a commercial tenant. Adding to the versatility, a newer single-story garage wing at the rear of the property offers additional storage capacity or the possibility of expansion. The building's layout provides flexibility for a variety of commercial uses, making it an attractive option for investors seeking a multi-tenant income stream or a single-user seeking ample space. The property is offered at $975,000 and sits on a lot with no acreage listed. This presents a rare chance to acquire a well-located, adaptable industrial property in a desirable Pennsylvania location. The property's history as a multi-tenant building, combined with its diverse space options, makes it an ideal investment for those seeking a strong return on investment. Serious inquiries are encouraged.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,230,000
- 6.5%
- $1,135,000
- 7%
- $1,055,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $698,000
Market price range: $352k - $1.08M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,220,000 Current use
- INDUSTRIAL (GENERAL)
- $1,105,000 Change: -10% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Primos
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.2982
- Latitude
- 39.9224
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
