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

    920 Lawn Ave, Unit 2 Sellersville, PA 18960

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $75,000

    Prime office space near Grand View Hospital, customizable to needs.

    Lot size:
    0.34 Acres

    Property Features for 920 Lawn Ave

    General Information

    Standard status
    Contract
    Lot size
    0.34 Acres

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Vickie L Landis
    Source: Corcoran

    Listing Agency: KELLER WILLIAMS REALTY GROUP Listing Agent: Vickie L Landis

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

    Learn more

    Overview

    Professional Office Space Opportunity

    Approximately 1,000 square feet of professional office space is available within the Summit Medical/Dental office condominium, strategically located next to Grand View Hospital. The property is being sold in as-is condition, presenting an opportunity for customization. The unit currently includes a waiting room, a reception area, two exam rooms, and a utility room. The Homeowner's Association (HOA) covers exterior building maintenance, landscaping, snow removal, and Common Area Maintenance (CAM). Condo Association Fees are $669.34 per month. Public water and sewer services are available. The sale agreement is contingent on a judgment being entered in the seller’s favor on a pending quiet title action, expected around September 2024.
    Location Intelligence

    Current Use by Public Records

    Intercounty Audiology Medical Clinic Wei Zheng, MD Physician Nicole Fuller, PA-C Physician Dr. Richard M. ... Physician Cira Amenta Physician

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sellersville
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.330002
    Latitude
    40.365312

    Nearby Similar for Sale

    • $399,900
      2,400 SF

      Adaptable Commercial Property on Ridge Road

      Versatile 2.21-acre property suitable for retail, workshop, or expansion.
      719 Ridge Rd, Sellersville, PA 18960
      View Details
    • $75,000
      0.34 Acres

      Medical/Dental Office Condo For Sale

      Professional office space near Grand View Hospital, customizable to your needs.
      920 Lawn Ave, Sellersville, PA 18960
      View Details
    • $650,000

      SELLERSVILLE Office Condo For Sale

      Office condo for sale, leased through April 2028.
      1105 Bethlehem Pike, Sellersville, PA 18960
      View Details
    • $399,900
      2,400 SF

      Versatile Commercial Property on Ridge Road

      Adaptable commercial property on 2.21 acres, ideal for various uses.
      719 Ridge Ave, Sellersville, PA 18960
      View Details
    • $1,375,000

      Turnkey Multifamily Property in Bucks County

      Fully renovated, 7-unit multifamily property with verified income and new tenants.
      403 Washington Ave, Sellersville, PA 18960
      View Details
    • $75,000
      0.34 Acres

      Sellersville Office Condo - $75K

      Prime office space, 1000 sq ft, Sellersville.
      920 Lawn Ave, Sellersville, PA 18960
      View Details
    • Contact for pricing

      Sellersville Retail Space - Main Street

      High-visibility retail space, ample parking.
      209 Main St, Sellersville, PA 18960
      View Details
    • $315,000
      2.86 Acres

      Sellersville Commercial Land - Prime Location

      2.86 Acres, Development Ready, Excellent Access
      Forrest Rd, Sellersville, PA 18960
      View Details
    • $435,000
      1,960 SF

      Sellersville Office Building - $435K

      1,960 SF Office, High Visibility
      66 Main St, Sellersville, PA 18960
      View Details
    • Contact for pricing

      203 Main St, Sellersville, PA 18960

      Commercial real estate
      203 Main St, Sellersville, PA 18960
      View Details
    • Contact for pricing
      1,539 SF

      Sellersville Bank Building For Sale/Lease

      Prime Retail Space, High Visibility Location
      835 Lawn Ave, Sellersville, PA 18960
      View Details

    FAQs

    What type of property is this?
    Office units - Prime office space near Grand View Hospital, customizable to needs.
    Where is this office units located?
    The property is located at 920 Lawn Ave, Unit 2 Sellersville, PA.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime professional office space (approx. 1,000 SF) strategically located next to Grand View Hospital.; - Opportunity for customization to meet specific business needs (sold AS-IS).; - HOA covers exterior building maintenance, landscape, snow removal, and CAM.
    (267) 733-0777
    Request Owner's contact information
    920 Lawn Ave, Unit 2 Sellersville, PA 18960
    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.
    920 Lawn Ave, Unit 2
    Sellersville, PA 18960
    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
    920 Lawn Ave, Unit 2 Sellersville, PA 18960
    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
    Vickie L Landis
    Real Estate License ID: AB065442
    (267) 733-0777 (215) 538-5000 (610) 792-5900
    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!