Two-Story Office
New
For Sale
$230,000
112 E PENNSYLVANIA BOULEVARD, Feasterville Trevose, PA 19053
End-unit office configuration with multiple private rooms, reception space, and bathrooms on both levels.
Property Size1,450 SF
Price / SF$158.62
Days on Market6
Property Features for 112 E PENNSYLVANIA BOULEVARD
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Floor
First and Second
HOA Fee
$316.67
Highway Access
Yes
Building Details
Year Built
1987
Tenancy
Single
Owner Occupied
No
Listing Agency:
Blough Realty
Listed By:
Christine A Prajzner · License #RS210732L
(215) 364-3300
Source:
Cummingsrealtors
Added: Sep 2
Changed: Sep 7
Last Checked: Sep 7 at 2:43PM
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 Blough Realty
Investment Insights
Based on property information with market context.
This two-story office unit contains 1,450 square feet of workspace within an end-unit layout. The first floor includes a reception area, four offices, additional side windows, and a recently updated bathroom. Upstairs are two more offices, skylights, windows, and a second bathroom. The existing configuration is suited to continued professional office use and includes features that support separate occupancy of the upper level.
Built in 1987, the property is located at 112 E Pennsylvania Boulevard in Feasterville Trevose, Pennsylvania. Access to I-95, Woodhaven Road, and the Pennsylvania Turnpike is noted in the property information. The office is currently configured for a chiropractic practice, which is scheduled to close at the end of November.
Built in 1987, the property is located at 112 E Pennsylvania Boulevard in Feasterville Trevose, Pennsylvania. Access to I-95, Woodhaven Road, and the Pennsylvania Turnpike is noted in the property information. The office is currently configured for a chiropractic practice, which is scheduled to close at the end of November.
Key Highlights
- 1,450 SF end‑unit office property
- First floor includes reception area and 4 offices
- Second floor adds 2 offices, skylights, and windows
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
$20,060
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
8.72%
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%
$401,200
$401.2K
Cap Rate 7%
$286,571
$286.6K
Cap Rate 9%
$222,889
$222.9K
Market Conditions
NOI Build-Up for 1,450 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
$36.5K $25.20/SF
− Vacancy
−$3.1K −$2.14/SF
EGI
$33.4K $23.06/SF
− OpEx
−$13.4K −$9.22/SF
NOI
$20.1K $13.83/SF
Area
Bucks County, PA
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
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%
$401,200
Cap Rate 7%
$286,571
Cap Rate 9%
$222,889
Alternative Uses
Best Use
Office B
$325.7K
$285.0K – $379.9K
NOI $22,796 @ 7.0% cap · market cap 9.91%
Second Best
Healthcare Medical
$286.6K
$250.8K – $334.3K
NOI $20,060 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$439.6K
$384.7K – $512.9K
NOI $30,774 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Explore this area
Business Placement
Demographics for 19053, PA
28,179
Population
11,161
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
2,684
Density / Sq Mi
$102,241
Median Household Income
$59,606
Median Earnings
$1,401
Median Rent
$382,300
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 units - End-unit office configuration with multiple private rooms, reception space, and bathrooms on both levels.
Where is this office units located?
The property is located at 112 E PENNSYLVANIA BOULEVARD Feasterville Trevose, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,450 SF end‑unit office property; First floor includes reception area and 4 offices; Second floor adds 2 offices, skylights, and windows
