Address
452 S Roberts Road Bryn Mawr, PA
Price
$ 17,500,000
Property Attributes
  • MLS#PADE2008094
  • TypeLand
  • CountyDELAWARE
  • CityBryn Mawr
  • AreaRadnor Twp
  • Zip19010
  • StyleSchool
  • Price$ 17,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size43.5 Acres
Listing Provided Courtesy Of:
BHHS Fox & Roach Wayne-Devon
Data Source:
Bright MLS
Property Description

This beautiful, 43.5-acre property at 452 South Roberts Road is now for sale just nine miles west of Philadelphia in Bryn Mawr, Pennsylvania. If your clients are looking for a site to expand or establish facilities this is a unique opportunity to do so. Villanova University, Bryn Mawr College, Rosemont College, and Bryn Mawr Hospital are all located within two miles of the property, while the zip code had the fifth-highest home prices in Pennsylvania in 2020. The average household income in the area is $105,000. The Radnor school district ranked among the top ten in the state. The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right. By special exception, a home for children/elderly/handicapped/indigent, a medical or health center, convalescent home, or nursing home is permitted. As an accessory use, playing fields or recreational facilities, dormitories, and other student or faculty dwellings are permitted. Single or multifamily residential use would require a rezoning. Surrounding neighborhoods are zoned R1, R1A, and R2 which include one acre, 30,000 sf, and 20,000 sf lots respectively. Preliminary drawings show that 33 or 32 lots could be placed on the property are included in the MLS documents. The asking price of $17.5M is for a transaction involving a reasonable (+/-60 day) due diligence and a +/- 30 day period until closing with no approval contingencies. The owner is also willing to consider transactions that involve approval contingencies. If you are interested in such a transaction then the price and deposits should recognize the fact that the owner will be required to bear carrying costs, loss of interest, and the risk of approvals, amongst other things. Access to the Septa Norristown High-Speed line (Roberts Road Station) is one mile away, Septa Regional Rail line (Bryn Mawr Station) and I-476 (the Blue Route) are within two miles and Amtrak (Ardmore Station) is three miles away. Ten buildings on the property (previously the Presbyterian Children’s Village) include the Glencoe Estate Mansion built 1907 (Robinson Hall with administrative offices), the Youth Cultural Center (classrooms, gym, cafeteria, religious center, offices, and maintenance area), the carriage house (residence apartments, offices, and maintenance area), six cottages (dormitories) and caretaker’s home. Playing fields are located on the northwest side of the property. Please do not enter the property unescorted for any reason. There are cameras on site. Contact the listing agent via email to arrange for a tour with the listing agent and owner's representative. We are now requesting final and best offers from all interested parties in the form of a written LOI by January 12, 2022. Please review the letter of intent guidance information in the MLS documents section. The current owner is a tax-exempt organization so no real estate taxes are shown. All information provided is from sources deemed reliable but no warranty or representations are made as to the accuracy of this information. This information is subject to errors, omissions, later changes, prior sale, leasing, financing or withdrawal without notice, etc. No liability of any kind is to be imposed against the Broker herein.

Middle School High School
Radnor M Middle School Radnor High School
Price History
10/22/2021 Listed $17,500,000

General Features

Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County DELAWARE
Current Use School
Days on Market 88
Electric Underground
High School RADNOR
Location Type Suburban
Lot Size Square Feet 1894860.00
MLS Area Radnor Twp (10436)
Middle/Junior High School RADNOR M
Municipality RADNOR TWP
Ownership Fee Simple
Possession 120-180 Days
Price Per Sq Ft 9.24
Property SubType Land
Property Type Land
School District RADNOR TOWNSHIP
School District 300200397358
Sewer Public Sewer
Tax Annual Amount 0.0
Tax Lot 110-000
Tax Year 2021
Utilities Electric Available, Natural Gas Available, Phone, Sewer Available, Under Ground
Vacation Rental Y/N No
Water Access Y/N No
Zoning PLANNED INSTITUTIONAL
Zoning Description The property is currently zoned Planned Institutional, allowing college, school, religious, or student infirmary use by right.

Exterior Features

Inclusions All items remaining on the property at settlement.
Lot Dimensions 0.00 x 0.00
Lot Features Cleared, Open
Lot Size Acres 43.50
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 19010

Price
AVG $17.5M
$17.5M
Visits
AVG 295
296

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