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    1990 YORK Road Jamison, PA 18929

    View on Map
    For Sale
    Under Contract
    $1,995,000

    MULTI_FAMILY - Other - JAMISON, PA

    Property size:
    1,843 SF
    Lot size:
    3.03 Acres
    Added:
    Mar 10, 2025
    Days on Market:
    388
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 1990 YORK Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    44
    Parking features
    Driveway, Parking Lot
    Standard status
    Active Under Contract
    Size
    1,843 SF
    Lot size
    3.03 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    17875

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1987
    Number of units
    2
    Building materials
    Stone, Brick Front, Stucco, Frame, Mixed
    Architectural style
    Other

    We can help!

    Listing Contact
    Lisa Povlow

    Listing agent Lisa Povlow License #AB067301

    Listing office Keller Williams Real Estate-Doylestown 259 S Veterans Lane unit: 101, DOYLESTOWN, PA

    Listing date Mar 10, 2025

    MLS# PABU2089602 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Investment Opportunity

    Located in Warwick Township on a high-traffic road with over 25,000 vehicles passing daily, this commercial property offers investment potential. The 3.03-acre site is zoned C1 and includes multiple buildings. 1994 York Rd is an office building featuring 9 offices, a kitchenette, and storage space. 1992 York Rd is an 80-seat BYOB restaurant. There are rental units in the 2 residential homes plus a storage unit located at the back of the property, all currently occupied. The location is approximately a 60-minute drive to Philadelphia International Airport, a 30-minute drive to the Trenton/Mercer Airport, 1 1/2 hours from New York City, 20 minutes from New Hope and Lambertville, and 10 minutes from Doylestown. The property includes 1843 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamison
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.0913773
    Latitude
    40.2481117

    Nearby Similar for Sale

    • $189,900

      High-Visibility Leased Office Investment

      Fully leased office space in thriving business corridor.
      2370 YORK Road unit: G3, JAMISON, PA 18929
      View Details
    • $1,995,000

      Versatile Commercial Investment Opportunity

      Prime commercial property with office, restaurant, and residential units.
      1990 YORK ROAD, JAMISON, PA 18929
      View Details
    • $209,500
      1,370 SF

      Adaptable Office Space For Sale

      Move-in-ready office space ideal for small businesses and growing teams.
      2370 York Rd #c5, JAMISON, PA 18929
      View Details
    • Contact for pricing
      93,035 SF

      Retail Space with Strong Visibility

      Retail property with excellent access and neighborhood opportunities.
      2395 York Rd, Jamison, PA 18929
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with office, restaurant, and residential units for sale.
    Where is this mixed-use property located?
    The property is located at 1990 YORK Road Jamison, PA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: High‑traffic location on York Road with over 25,000 vehicles passing daily.; Expansive 3+ acre site zoned C1 with lots of allowed uses.; Includes a versatile office building with 9 offices, kitchenette, and storage.
    (215) 370-0525
    We can help!
    Listing Contact
    Lisa Povlow
    Real Estate License ID: AB067301
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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