Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2302 Broad St Hatfield, PA 18915

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $550,000

    Prime Hatfield location, 3300 sq ft, 1.17 acres.

    Property size:
    3,300 SF

    Property Features for 2302 Broad St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,300 SF
    Lot Size
    50,965 SF

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Connie Schaffer

    Listing Agency: Coldwell Banker Hearthside Listing Agent: Connie Schaffer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional mixed-use property, located at 2302 N Broad Street in Hatfield, PA, presents a unique investment opportunity. The 3,300 square foot rancher sits on a desirable 1.17-acre lot, offering ample space and outstanding visibility in the thriving Hatfield/Colmar area, near the intersection of Broad Street and Route 309. The building boasts excellent condition, featuring two full bathrooms and a clean, full basement with convenient outside access. Currently configured with twelve parking spaces, including disability-accessible spots, the property benefits from its flat, one-acre-plus lot, bordered by trees for added privacy. The property has a rich history, having served as a doctor's office for 43 years. Permitted uses include, but are not limited to, offices for physicians, dentists, teachers, artists, accountants, musicians, architects, lawyers, and outside sales personnel. Additional uses may be permitted through special exception by the Hatfield Township Zoning Hearing Board
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hatfield
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.26064
    Latitude
    40.2626

    Nearby Similar for Sale

    • Contact for pricing
      30,000 SF

      Versatile Commercial Office Space Available

      Small office space in a dynamic industrial complex, ideal for startups.
      2321 N Penn Rd, Hatfield, PA 19440
      View Details
    • Contact for pricing
      30,000 SF

      HATFIELD Office Space For Lease

      Versatile office space in a thriving industrial warehouse complex.
      2321 N Penn Rd, Hatfield, PA 19440
      View Details
    • $675,000
      0.25 Acres

      Hatfield Retail Building For Sale

      Corner building with established pizza shop in Hatfield, PA.
      8 Market St, Hatfield, PA 19440
      View Details
    • $1,290,000
      0.38 Acres

      First Class Commercial Office Space

      Versatile commercial office space in excellent condition, ready for business.
      21 E Lincoln Ave, Hatfield, PA 19440
      View Details
    • $85,000
      2.00 Acres

      HATFIELD, PA Business Opportunity

      Retail property for sale in HATFIELD, PA.
      25xx Bethlehem Pike, Hatfield, PA 19440
      View Details
    • $175,000
      0.25 Acres

      Established Pizza Shop For Sale

      Turnkey pizza shop with a strong track record for sale.
      8 Market St, Hatfield, PA 19440
      View Details
    • $375,000
      0.10 Acres

      Hatfield Tavern - Turnkey Opportunity

      Established Business, High Traffic Location, Retiring Owner
      21 Main St, Hatfield, PA 19440
      View Details
    • Contact for pricing
      3.94 Acres

      Hatfield Industrial Office Space

      Versatile office, ideal for startups
      2321 Penn Rd, Hatfield, PA 19440
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Hatfield location, 3300 sq ft, 1.17 acres.
    Where is this mixed-use property located?
    The property is located at 2302 Broad St Hatfield, PA.
    What is the asking price?
    The asking price for this property is $550,000.
    (215) 855-5600
    Request Owner's contact information
    2302 Broad St Hatfield, PA 18915
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2302 Broad St
    Hatfield, PA 18915
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2302 Broad St Hatfield, PA 18915
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Connie Schaffer
    (215) 855-5600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!