Two-Story Office
New
For Sale
$239,000
1200 BUSTLETON PIKE, Feasterville Trevose, PA 19053
The layout includes three offices, an open upper-level area, and bathrooms on both floors.
Property Size1,000 SF
Days on Market2
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Property Features for 1200 BUSTLETON PIKE
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Additional Details
HOA Fee
$160.88
Taxes and HOA fees
Annual Taxes
$3,365
Building Details
Building Size
1,000 SF
Year Built
1984
Buildings
1
Stories
2
Listing Agency:
Re/Max One Realty
Listed By:
Betsy J Mitchell · License #RS293879
(215) 953-8800
Source:
Lizclarkrealestate
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:59AM
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 Re/Max One Realty
Investment Insights
Based on property information with market context.
This two-story office unit was built in 1984 and contains three separate offices. An open area on the upper floor adds flexible interior space, with a full bathroom upstairs and a half bathroom on the main level. Recent interior work includes new flooring and fresh paint.
Parking is available at the property, which is located in Feasterville, Pennsylvania.
Parking is available at the property, which is located in Feasterville, Pennsylvania.
Key Highlights
- Three separate offices
- Open area on the upper floor
- Full bathroom upstairs and half bathroom on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,722
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,440
$314.4K
Cap Rate 7%
$224,600
$224.6K
Cap Rate 9%
$174,689
$174.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.0K $26.04/SF
− Vacancy
−$5.1K −$5.08/SF
EGI
$21.0K $20.96/SF
− OpEx
−$5.2K −$5.24/SF
NOI
$15.7K $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 Rate 5%
$314,440
Cap Rate 7%
$224,600
Cap Rate 9%
$174,689
Alternative Uses
Best Use
Office B
$224.6K
$196.5K – $262.0K
NOI $15,722 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.2K
$265.3K – $353.7K
NOI $21,223 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,214
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - The layout includes three offices, an open upper-level area, and bathrooms on both floors.
Where is this office units located?
The property is located at 1200 BUSTLETON PIKE Feasterville Trevose, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Three separate offices; Open area on the upper floor; Full bathroom upstairs and half bathroom on the main level
