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4967 West Chester Pike 0.92 Acres of Commercial Land Offered at $800,000 in Newtown Square, PA 19073

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EXECUTIVE SUMMARY

- Asking Price: $800,000.
- National Realty Corporation (NRC)/Videon Chrysler Dodge Jeep Ram are ground co-lessees who have indicated their desire to exercise each of their Two (2) Five (5) year renewal options and One (1) Eleven (11) month renewal option bringing the term of the lease to approximately 17-years (April 2042 termination).
- Base Term: Two (2) years remain. $42,350/year/nnn.
- Extension Increases: Ten Percent (10.00%)/5-year period.
- Market orientated sellers.
- Recently appraised at $775,000.

4967 West Chester Pike, Newtown Sq, PA(2)

PROPERTY FACTS

Price	$800,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Office Mixed Use Multifamily Apartment Units Auto Dealership Auto Repair Bank Bar Community Center Daycare Center Fast Food Garden Center Healthcare Hold For Development Medical Parking Lot Post Office Restaurant Service Station
Sale Conditions	1031 Exchange Ground Lease (Leasehold)	Total Lot Size	0.92 AC
No. Lots	1	Year Built	1950
Property Type	Land
Zoning	C-2, Highway Commercial - Zoning allows for drive-through restaurants, banks, mixed use, day care, auto sales, dispensary, car wash, medical office, retail sales, etc by right.

Price	$800,000
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Ground Lease (Leasehold)
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Mixed Use Multifamily Apartment Units Auto Dealership Auto Repair Bank Bar Community Center Daycare Center Fast Food Garden Center Healthcare Hold For Development Medical Parking Lot Post Office Restaurant Service Station
Total Lot Size	0.92 AC
Year Built	1950
Zoning	C-2, Highway Commercial - Zoning allows for drive-through restaurants, banks, mixed use, day care, auto sales, dispensary, car wash, medical office, retail sales, etc by right.

1 LOT AVAILABLE

Lot

Price	$800,000	Lot Size	0.92 AC
Price Per AC	$869,565.22

Price	$800,000
Price Per AC	$869,565.22
Lot Size	0.92 AC

0.92 AC parcel along Rt-3/West Chester Pike near the signalized intersection of Rt-3 and Providence Road. Zoned C-2, Highway Commercial with by right uses for mixed-use, drive-through retail, bank, restaurant, medical office, adult day care, etc.

DESCRIPTION

- Prime opportunity to own close to an acre along West Chester Pike/Rt-3 (26,000 AADT, westbound only). - Currently ground leased with base term expiring in two years. - Average HH Income of $158,589/ann. - Population (5 miles) - 93,349 - Households (5 miles) - 36,449

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PROPERTY TAXES

Parcel Number	19-00-00423-00	Improvements Assessment	$0
Land Assessment	$137,110	Total Assessment	$137,110

PROPERTY TAXES

Parcel Number

19-00-00423-00

Land Assessment

$137,110

Improvements Assessment

Total Assessment

$137,110

(484) 796-1076

CONTACT

Mark McGarrity
Jackson Cross Partners

Listing ID: 36516833
Date on Market: 6/27/2025
Last Updated:
Address: 4967 West Chester Pike, Newtown Square, PA 19073

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4967 West Chester Pike, Newtown Square, PA for sale Primary Photo- Image 1 of 3 — Screenshot 2025-06-27 120732

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