Multi-Level Office
For Sale
$1,995,900
2336 STREET Road, Bensalem, PA 19020
Commercial Sale - BENSALEM, PA
Property Size4,700 SF
Price / SF$424.66
Days on Market199
Property Features for 2336 STREET Road
General Information
Property type
Other
Property subtype
Office
Parking
24
Parking features
Parking Lot
Elementary school district
BENSALEM TOWNSHIP
Middle school district
BENSALEM TOWNSHIP
High school district
BENSALEM TOWNSHIP
Standard status
Active
Size
4,700 SF
Taxes and HOA fees
Tax Annual Amount
14471
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Building materials
Stucco, Stone
Listing Agency:
Elite Realty Group Unl. Inc. · RE/MAX International
(215) 328-4800
Listed By:
Joseph B Bograd · License #AB066484
(267) 246-9729
Added: Jan 26
Changed: Jun 9
Last Checked: Aug 13 at 1:06PM
MLS# PABU2113022
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.
Investment Insights
Based on property information with market context.
This well-maintained commercial office building offers versatile space across five distinct levels, with a layout that includes a mix of private offices, flex areas, conference rooms, and collaborative space. The property also includes a dedicated customer restroom, an additional full bathroom, and a kitchen area for staff and client convenience. Additional building features include a surveillance system for added security and a roof replacement completed within the last six to seven years.
The building is positioned on a high-traffic street with strong visibility and consistent daily car exposure. It also benefits from a large on-site parking lot that accommodates approximately 24 vehicles, supporting convenient access for employees and visitors.
Designed to support professional services, office-based teams, and medical or wellness-style uses, the configuration can also be adapted for a multi-tenant setup depending on operational needs. With its ready-for-occupancy condition and flexible interior planning, the property is well suited for buyers or tenants looking for a functional headquarters environment or a space that can be tailored through light customization.
The building is positioned on a high-traffic street with strong visibility and consistent daily car exposure. It also benefits from a large on-site parking lot that accommodates approximately 24 vehicles, supporting convenient access for employees and visitors.
Designed to support professional services, office-based teams, and medical or wellness-style uses, the configuration can also be adapted for a multi-tenant setup depending on operational needs. With its ready-for-occupancy condition and flexible interior planning, the property is well suited for buyers or tenants looking for a functional headquarters environment or a space that can be tailored through light customization.
Key Highlights
- High‑traffic street location with outstanding visibility and consistent daily car exposure.
- Over 4700 square feet of versatile space across five distinct levels with flexible layout.
- Large on‑site parking lot** accommodates approximately 24 vehicles.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,892
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,477,840
$1.5M
Cap Rate 7%
$1,055,600
$1.1M
Cap Rate 9%
$821,022
$821.0K
Market Conditions
NOI Build-Up for 4,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$122.4K $26.04/SF
− Vacancy
−$23.9K −$5.08/SF
EGI
$98.5K $20.96/SF
− OpEx
−$24.6K −$5.24/SF
NOI
$73.9K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,477,840
Cap Rate 7%
$1,055,600
Cap Rate 9%
$821,022
Alternative Uses
Best Use
Office B
$1.06M
$923.7K – $1.23M
NOI $73,892 @ 7.0% cap · market cap 3.70%
Second Best
Healthcare Medical
$928.9K
$812.8K – $1.08M
NOI $65,024 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,749 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Explore this area
Business Placement
Demographics for 19020, PA
57,043
Population
23,471
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
17.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$80,158
Median Household Income
$49,154
Median Earnings
$1,549
Median Rent
$344,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained, multi-level office building with flexible spaces, dedicated restrooms, and ample on-site parking.
Where is this office building located?
The property is located at 2336 STREET Road Bensalem, PA.
What is the asking price?
The asking price for this property is $1,995,900.
What are key features of this property?
This property features: High‑traffic street location with **outstanding visibility** and consistent daily car exposure.; Over 4700 square feet of versatile space across five distinct levels with flexible layout.; Large on‑site parking lot** accommodates approximately 24 vehicles.
