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    2955 State Rd Croydon, PA 19021

    For Sale
    Contact for pricing

    200,037 SF warehouse/distribution facility on 9.87 acres.

    Property size:
    200,037 SF
    Lot size:
    8.99 Acres

    Property Features for 2955 State Rd

    General Information

    Size
    200,037 SF
    Lot size
    8.99 Acres

    Source: JLL | Philadelphia Agent John Plower

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

    Overview

    Renovated Warehouse/Distribution Facility For Sale

    The property at 2955 State Road in Croydon, Pennsylvania, is a 200,037 square foot warehouse and distribution facility situated on 9.87 acres. Located in the Bucks County industrial submarket, it is 2.7 miles from I-95. The property underwent a full renovation in 2022, which included new warehouse lighting, whiteboxing, repaving, roof replacement in 2023, power upgrades, and interior and exterior cosmetic upgrades. The property is fully leased to Philadelphia based 3PL, Jillamy, through November 2028, with 4.00% contractual escalations. Jillamy operates this facility on behalf of several accounts, including a paper-centric operation, and utilizes the active rail service at the property through ConRail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mid-Atlantic Distribution Co Warehouse Jillamy Packaging and Warehouse Warehouse

    Suggested Use

    Realty agency Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Croydon
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.887477
    Latitude
    40.092083

    Nearby Similar for Sale

    • $500,000
      Pending

      Mixed-Use Building on State Road

      Mixed-use building with shop, apartment, and fenced yard.
      1707 State Rd, Croydon, PA 19021
      View Details
    • Contact for pricing
      3,419 SF

      New Croydon Investment Property

      New double drive-thru investment property near Philadelphia.
      399 Bristol Pike, Croydon, PA 19021
      View Details

    FAQs

    What type of property is this?
    Warehouse - 200,037 SF warehouse/distribution facility on 9.87 acres.
    Where is this warehouse located?
    The property is located at 2955 State Rd Croydon, PA.
    What are key features of this property?
    This property features: - 200,037 square foot warehouse/distribution facility.; - Fully leased through November 2028 to Philadelphia-based 3PL, Jillamy, with 4.00% contractual escalations.; - Newly renovated in 2022, including new warehouse lighting, whiteboxing, repaving, roof replacement (2023), power upgrades, and cosmetic improvements.
    (215) 988-5500
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    Realmo Value Estimation

    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.

    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.

    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
    2955 State Rd Croydon, PA 19021
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