Dublin Borough Commercial
For Sale
$899,000
105 High Street, Dublin, PA 18917
Commercial property in a growing area, suitable for various businesses.
Property Size4,000 SF
Lot Size0.46 Acres
Price / SF$224.75
Days on Market217
Property Features for 105 High Street
General Information
Standard status
Active
Size
4,000 SF
Lot size
0.46 Acres
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1987
Listing Agency:
Innovate Real Estate
(267) 367-6626
Listed By:
Kimberly A Picciotti
Source:
Deepcreeklake
Added: Jan 19
Changed: Aug 23
Last Checked: Aug 24 at 7:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Innovate Real Estate
Investment Insights
Based on property information with market context.
Located in Dublin Borough, this commercial property at 105 High St offers an opportunity for entrepreneurs and investors. The property is situated on 0.46 acres and includes nearly 4,000 sq ft of space. The current layout features a reception area and waiting room, 5 offices, a copy room, a conference room, a kitchenette, and 2 bathrooms. It also includes 3 roll-up garage bays and storage space. The off-street parking lot accommodates 16+ parking spaces and provides room for delivery trucks. Zoned TC-1 - Town Center, the property allows for a variety of uses, including retail, professional, medical, service, dispensary, or financial. Dublin Borough has experienced residential and economic growth over the past five years, with increasing population and housing demand. This property offers both immediate presence and long-term potential in a dynamic business market. The property is suitable for boutiques, professional services, restaurants, and specialty retailers. It is also suitable as a medical marijuana dispensary.
Key Highlights
- Prime commercial property in a thriving, growing area of Dublin Borough.
- TC‑1 Town Center zoning allows for a wide range of uses including retail, professional, medical, service, dispensary, or financial.
- Permitted for medical marijuana dispensary use.
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
$62,887
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
7.00%
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%
$1,257,740
$1.3M
Cap Rate 7%
$898,386
$898.4K
Cap Rate 9%
$698,744
$698.7K
Market Conditions
NOI Build-Up for 4,000 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
$104.2K $26.04/SF
− Vacancy
−$20.3K −$5.08/SF
EGI
$83.8K $20.96/SF
− OpEx
−$21.0K −$5.24/SF
NOI
$62.9K $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%
$1,257,740
Cap Rate 7%
$898,386
Cap Rate 9%
$698,744
Alternative Uses
Best Use
Office B
$898.4K
$786.1K – $1.05M
NOI $62,887 @ 7.0% cap · market cap 7.00%
Second Best
Retail
$829.2K
$725.6K – $967.4K
NOI $58,045 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,893 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 18917, PA
2,227
Population
1,059
Households
2.1
Avg Household Size
39
Median Age
34%
College-Educated
91%
High-School Grad
0.7 sq mi
ZIP Area
3,181
Density / Sq Mi
$75,000
Median Household Income
$49,539
Median Earnings
$1,342
Median Rent
$356,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial property in a growing area, suitable for various businesses.
Where is this retail space located?
The property is located at 105 High Street Dublin, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime commercial property in a thriving, growing area of Dublin Borough.; TC‑1 Town Center zoning allows for a wide range of uses including retail, professional, medical, service, dispensary, or financial.; Permitted for medical marijuana dispensary use.
