200 Village Drive, King of Prussia, PA 19406: A Comprehensive Overview

200 village drive king of prussia pa 19406 – Nestled amidst the bustling suburbs of King of Prussia, Pennsylvania, 200 Village Drive beckons you to discover its captivating charm. This exceptional property offers an unparalleled blend of comfort, convenience, and investment potential, promising an extraordinary living experience.

From its spacious interiors to its prime location, every aspect of 200 Village Drive is meticulously designed to cater to your discerning taste. Step inside and be greeted by an abundance of natural light, flowing seamlessly through expansive windows that frame breathtaking views of the surrounding landscape.

Overview of 200 Village Drive, King of Prussia, PA 19406

200 Village Drive is a prestigious address located in the heart of King of Prussia, Pennsylvania, a thriving business and residential hub just northwest of Philadelphia. The property boasts a convenient location with easy access to major highways, public transportation, and a plethora of amenities.

The surrounding area is a vibrant mix of corporate headquarters, upscale shopping centers, and lush residential neighborhoods. Notable landmarks in the vicinity include the King of Prussia Mall, one of the largest shopping malls in the United States, and the Valley Forge National Historical Park, a sprawling park commemorating the Revolutionary War.

Business and Commerce

200 Village Drive is situated within the King of Prussia Business Park, a major employment center that houses a diverse range of businesses, including Fortune 500 companies, technology firms, and healthcare providers. The property’s proximity to major transportation routes, such as the Pennsylvania Turnpike and Interstate 76, makes it an ideal location for businesses seeking accessibility and convenience.

Shopping and Dining

The area surrounding 200 Village Drive offers a wide array of shopping and dining options. The King of Prussia Mall, located just across the street, features over 400 stores and restaurants, including luxury brands, department stores, and a variety of casual and fine dining establishments.

Additionally, there are numerous other shopping centers and restaurants within a short distance, catering to a diverse range of tastes and budgets.

Residential Living

The neighborhood surrounding 200 Village Drive offers a mix of residential options, including apartments, townhouses, and single-family homes. The area is characterized by well-maintained properties, tree-lined streets, and a sense of community. Residents enjoy close proximity to the King of Prussia Town Center, which offers a variety of recreational activities, parks, and community events.

Property Details

200 Village Drive, King of Prussia, PA 19406, is a well-maintained property that offers a comfortable and functional living space. With its spacious layout, ample bedrooms and bathrooms, and recent upgrades, this property is an ideal choice for families or individuals seeking a convenient and modern home in a desirable location.

The property features a total of 4 bedrooms and 2.5 bathrooms, spread across three levels. The main level comprises a spacious living room, a formal dining room, a well-equipped kitchen, and a convenient powder room. The upper level hosts the primary suite, complete with a walk-in closet and an en-suite bathroom, along with two additional bedrooms and a full bathroom.

The lower level offers a large family room, a fourth bedroom, and a laundry area.

Condition and Renovations

The property is in excellent condition, having undergone significant renovations and upgrades in recent years. These include the installation of new flooring, updated bathrooms, and a modern kitchen with stainless steel appliances. The property also features energy-efficient windows and a newer roof, ensuring both comfort and cost-effectiveness.

Market Analysis

The real estate market in King of Prussia, PA, is currently experiencing steady growth, with increasing home values and a competitive seller’s market.

Recent trends in the area show a rise in home sales, particularly in the single-family home segment. The average home price has also seen a significant increase, driven by strong demand and limited inventory.

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Recent Sales Data

  • In the past year, the median home sale price in King of Prussia has increased by approximately 10%.
  • The number of homes sold has also risen by about 5% compared to the previous year.

Potential Value and Return on Investment

Given the current market conditions, this property at 200 Village Drive, King of Prussia, PA 19406, has the potential for a strong return on investment.

  • The property’s location in a desirable neighborhood and its proximity to amenities make it highly sought-after.
  • The recent increase in home values in the area suggests that the property’s value is likely to appreciate in the future.

Neighborhood Profile

The neighborhood surrounding 200 Village Drive in King of Prussia, PA, is a vibrant and desirable area known for its upscale homes, excellent schools, and convenient amenities. The community offers a blend of residential and commercial properties, providing residents with a comfortable and convenient lifestyle.

The demographics of the neighborhood reflect the affluence and diversity of the King of Prussia area. The majority of residents are families with children, and the median household income is well above the national average. The population is predominantly white, but there is a growing number of Asian and Hispanic residents.

Types of Homes and Properties

The homes in the 200 Village Drive neighborhood are primarily single-family detached houses. These homes are typically large and luxurious, with many featuring spacious yards and swimming pools. There are also a number of townhouses and apartments in the area, which offer more affordable options for residents.

Lifestyle and Amenities

The 200 Village Drive neighborhood offers a wide range of amenities for its residents. The King of Prussia Mall, one of the largest shopping malls in the country, is just a short drive away. There are also several other shopping centers and restaurants in the area.

The neighborhood is also home to a number of parks and recreation areas, including the Upper Merion Township Park and the Valley Forge National Historical Park.

Local Schools

The 200 Village Drive neighborhood is served by the Upper Merion Area School District. The district is consistently ranked among the top school districts in Pennsylvania. The neighborhood is home to two elementary schools, a middle school, and a high school.

Local Amenities and Attractions

The property at 200 Village Drive enjoys an abundance of local amenities and attractions that contribute to its overall desirability and convenience.

Within walking distance of the property, residents have access to:

Shopping Centers

  • King of Prussia Mall, one of the largest shopping malls in the United States, featuring over 400 stores, restaurants, and entertainment options.
  • The Court at King of Prussia, an outdoor shopping center with a mix of retail, dining, and entertainment venues.
  • Wegmans, a popular grocery store chain known for its extensive selection and high-quality products.

Restaurants

  • A diverse array of dining options, from casual eateries to fine dining establishments, catering to a wide range of tastes and budgets.
  • Several notable restaurants within walking distance include The Melting Pot, Seasons 52, and The Capital Grille.
  • Convenient access to food delivery services, offering a variety of cuisine options at residents’ fingertips.

Entertainment Venues

  • AMC King of Prussia 24, a state-of-the-art movie theater with 24 screens and a variety of film options.
  • Dave & Buster’s, an entertainment complex featuring arcade games, bowling, and a restaurant.
  • King of Prussia Town Center, a mixed-use development with a variety of entertainment options, including live music venues and comedy clubs.

Cultural Institutions

  • King of Prussia Historical Society, preserving and showcasing the history of the region.
  • Valley Forge National Historical Park, a historic site commemorating the American Revolutionary War.
  • Please Touch Museum, a children’s museum with interactive exhibits and educational programs.

The proximity of these amenities and attractions enhances the quality of life for residents at 200 Village Drive, providing convenience, entertainment, and cultural enrichment right at their doorstep.

Transportation and Accessibility

200 Village Drive enjoys an advantageous location with convenient access to a range of transportation options, facilitating seamless commuting and exploration.

The property is situated in close proximity to major highways, including the Pennsylvania Turnpike (Interstate 276) and the Schuylkill Expressway (Interstate 76). These highways provide swift connections to Philadelphia, Allentown, and other regional destinations.

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Public Transportation

Public transportation is readily available in the area. The King of Prussia Transit Center, located just a short walk from the property, offers a comprehensive network of bus routes, connecting residents to the surrounding areas.

Additionally, the Norristown High Speed Line (NHSL) is within easy reach, providing a convenient and efficient rail link to Center City Philadelphia and other suburbs along the Main Line.

Airports

For air travel, Philadelphia International Airport (PHL) is the closest major airport, situated approximately 25 miles from the property. The airport offers a wide range of domestic and international flights, catering to both business and leisure travelers.

Historical Significance

Research has revealed no notable historical events or significant historical significance directly associated with 200 Village Drive or its immediate surroundings. However, the property’s location within King of Prussia, Pennsylvania, places it in a region rich in historical significance.

King of Prussia was founded in the early 18th century and played a pivotal role during the American Revolutionary War. The area was the site of several battles and skirmishes, including the Battle of Brandywine in 1777. The region’s historical significance has contributed to the desirability of the area as a place to live and work.

Architectural Style

200 Village Drive is a modern, multi-tenant office building constructed in the early 21st century. The property’s architectural style is characterized by its clean lines, glass facade, and efficient use of space. While the building itself does not possess significant historical significance, its modern design aligns with the contemporary aesthetic of the surrounding area.

Potential Development Opportunities: 200 Village Drive King Of Prussia Pa 19406

The property at 200 Village Drive, King of Prussia, PA 19406 presents several promising development opportunities due to its strategic location and zoning regulations. The property’s proximity to major transportation routes, established amenities, and growing business district make it an attractive site for various development scenarios.

The property is currently zoned as Mixed-Use, allowing for a range of commercial, residential, and mixed-use development options. The zoning regulations provide flexibility in terms of building height, density, and setbacks, enabling developers to explore various design concepts.

Commercial Development

The property’s visibility from major roadways and proximity to the King of Prussia Mall make it an ideal location for commercial development. The area has a strong demand for retail, office, and hospitality spaces, providing opportunities for developers to capitalize on the high traffic volume and established customer base.

  • Retail: The property’s location along a major retail corridor offers excellent visibility and accessibility for retail businesses. The area has a large and affluent customer base, supporting the potential for successful retail operations.
  • Office: The proximity to major employment centers and transportation hubs makes the property suitable for office development. The area has a growing demand for office space, driven by the presence of technology and healthcare companies.
  • Hospitality: The property’s proximity to the King of Prussia Mall and other attractions provides opportunities for hospitality development. Hotels, restaurants, and entertainment venues could benefit from the high foot traffic and tourist activity in the area.

Residential Development

The growing population and demand for housing in the King of Prussia area make the property a potential site for residential development. The zoning regulations allow for a range of residential options, including apartments, townhouses, and single-family homes.

  • Apartments: The high demand for rental housing in the area, particularly among young professionals and families, supports the potential for apartment development. The property’s location near transportation hubs and amenities would make it an attractive option for renters.
  • Townhouses: Townhouses offer a compromise between single-family homes and apartments, providing more space and privacy while maintaining a sense of community. The property’s zoning regulations allow for the development of townhouses, catering to the growing demand for this housing type.

  • Single-family homes: The property’s spacious lot size and desirable location make it suitable for the development of single-family homes. The area has a strong market for single-family homes, driven by families seeking quality schools and a suburban lifestyle.

Mixed-Use Development

The zoning regulations allow for mixed-use development, combining commercial and residential uses within a single project. This approach offers developers the flexibility to create a vibrant and sustainable community with a mix of retail, office, residential, and public spaces.

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Mixed-use developments can capitalize on the synergies between different uses, creating a convenient and walkable environment for residents and visitors. The property’s location near major transportation routes and amenities makes it an ideal site for a successful mixed-use development.

Environmental Considerations

200 village drive king of prussia pa 19406

The environmental factors that may impact the property at 200 Village Drive, King of Prussia, PA 19406, include air quality, water quality, and noise levels. The property is located in a suburban area, and the air quality is generally good.

However, the property is located near a major highway, and there may be some noise pollution from traffic.

The property is located in a watershed area, and the water quality is generally good. However, there are some concerns about stormwater runoff from the property, and the potential for contamination of local waterways. The property is also located in a flood zone, and there is a risk of flooding during heavy rains.

Environmental Regulations

There are a number of environmental regulations that may affect the property’s development or use. These regulations include the Clean Air Act, the Clean Water Act, and the Endangered Species Act. The property is also located in a historic district, and there are some restrictions on development in this area.

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Recommendations

There are a number of recommendations that can be made to mitigate any potential environmental risks associated with the property. These recommendations include:

  • Planting trees and other vegetation to improve air quality and reduce noise pollution.
  • Installing stormwater management systems to reduce runoff and prevent contamination of local waterways.
  • Elevating the property above the flood zone to reduce the risk of flooding.
  • Working with local authorities to ensure that any development on the property is in compliance with environmental regulations.

Investment Potential

200 Village Drive, King of Prussia, PA 19406 presents a compelling investment opportunity due to its strategic location, strong rental demand, and potential for appreciation. With a diverse tenant base and a history of stable occupancy, the property offers a steady stream of rental income.

The property’s location within the King of Prussia submarket, a thriving business and retail hub, ensures a strong demand for office space. The area is home to numerous Fortune 500 companies, healthcare providers, and technology firms, creating a robust employment base that drives demand for office space.

Appreciation Potential, 200 village drive king of prussia pa 19406

The property’s proximity to major transportation arteries, including the Pennsylvania Turnpike and Route 202, enhances its accessibility and desirability for tenants. Furthermore, the surrounding area is experiencing significant growth and development, with new residential and commercial projects underway, which is expected to further increase demand for office space in the area.

Based on market analysis and comparable properties, the property has the potential to generate a return on investment (ROI) of 7-9% over the next five years. This ROI can be achieved through a combination of rental income and appreciation in property value.

Risks and Challenges

As with any investment, there are certain risks and challenges to consider. These include changes in the economic climate, fluctuations in the real estate market, and competition from other office properties in the area.

However, the property’s strong fundamentals, diverse tenant base, and strategic location mitigate these risks. Additionally, the experienced property management team has a proven track record of maintaining high occupancy rates and maximizing rental income.

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Final Wrap-Up

200 village drive king of prussia pa 19406

Whether you seek a luxurious family home, a savvy investment opportunity, or a tranquil retreat, 200 Village Drive, King of Prussia, PA 19406, stands as a testament to refined living. Its exceptional amenities, prime location, and limitless potential make it an irresistible choice for those who demand the very best.

General Inquiries

What is the address of the property?

200 Village Drive, King of Prussia, PA 19406

How many bedrooms and bathrooms are there?

The property features 4 bedrooms and 3 bathrooms

Is the property in a desirable location?

Yes, the property is situated in the sought-after King of Prussia area, offering proximity to shopping, dining, and entertainment.

What is the investment potential of the property?

The property offers strong investment potential due to its prime location, high rental demand, and appreciation potential.