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164 Byers Rd - Land Development Opportunity

0.7 Acres of Commercial Land Offered at £387,313 in Chester Springs, PA 19425

Investment Highlights

  • Perfect for a medical use building to support Fieldstone at Chester Springs, a 101 unit Retirement Community across the street.
  • Good Access.
  • Join a growing community with new retail and residential development.
  • Newly Approved and Recorded, Engineered Land Development Plan 3.19.24.
  • Excellent Demographics
  • Schools and parks nearby.

Executive Summary

Land purchase price includes Land Development Plans for a 7,572 SF (gross), 2-story office/medical/retail building consisting of 2,200 SF of usable space per floor, plus a 2,200 SF lower level basement, stair towers on both ends of building and an elevator in the center core. 22 planned parking spaces (based on 4,400 SF of usable space on ground floor and 2nd floors). Land Purchase Price of $495,000 = $65.37/SF based on 7,572 SF. Land is available for sale with three options: 1) Land with Building Approval, 2) Land with Building Shell, per Buyer's shell specifications for a price equal to the land's sale price + the negotiated cost to perform site work & construct building shell as specified by Buyer, or 3) Land & Turnkey Building for a price equal to the land's sale price + the negotiated cost to perform site work & construct building as specified by Buyer. Public water & sewer lines exist in Byers Road, and a sewer lateral is extended onto the lot. Tapping & connection fees to hook up to these public utilities to be paid by Buyer.

Property Facts

Price £387,313
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Healthcare
  • Medical
Total Lot Size 0.70 AC

1 Lot Available

Lot 0056

Price £387,313
Price Per AC £553,304
Lot Size 0.70 AC

Directly across the street is Fieldstone at Chester Springs, a 101 unit retirement community including independent living, assisted living and memory care units to open mid 2024.

Description

Location: Route 100 North, right on Graphite Mine Road, right on Byers Road, property is on the south side. Located in Upper Uwchlan Township.  Chester Springs is one of the most historically significant areas in Chester County. This location provides close access to major roads and highways. Traffic count 3,800+ cars per day at site, and over 29,000+ cars per day at Pottstown Pike intersection, 1/4 mile away.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-004-0056.0000
Land Assessment
£27,761
Improvements Assessment
£0
Total Assessment
£27,761

zoning

Zoning Code C1 (Village District)
C1 (Village District)
  • Listing ID: 26722762

  • Date on Market: 27/09/2022

  • Last Updated:

  • Address: 164 Byers Rd, Chester Springs, PA 19425

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