Furnished Second-Floor Office
New
For Sale
Contact for pricing
17 BLACKSMITH ROAD #D-5, Newtown, PA 18940
Office occupants can access shared meeting, break, mail, and copy areas, with utilities included.
Property Size133 SF
Price / SF$4.06
Days on Market5
Property Features for 17 BLACKSMITH ROAD #D-5
General Information
Standard status
Active
Size
133 SF
Elevators
Yes
Property subtype
Commercial
Space & Availability
Floor
2
Furnished
Yes
Additional Details
Highway Access
Yes
Office Units
3
Amenities
shared break room
coffee bar
conference room
shared mail/copy room
common areas with work stations & sofas
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
BHHS Fox & Roach Hopewell Valley
(609) 737-9100
Listed By:
Heather Morley · License #RS366242
(609) 468-3934
Source:
Cummingsrealtors
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 23 at 7:59AM
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 BHHS Fox & Roach Hopewell Valley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Three of the building’s 14 office spaces are available on the second floor of a two-story office property. Each space measures 110–149 square feet and comes with a desk, chairs, and a bookcase. The building has an elevator and ample parking.
Shared amenities include a break room, coffee bar, conference room, mail and copy room, and common areas with workstations and sofas. Utilities are included, and the property is convenient to I-95 and I-295.
Shared amenities include a break room, coffee bar, conference room, mail and copy room, and common areas with workstations and sofas. Utilities are included, and the property is convenient to I-95 and I-295.
Key Highlights
- Three of 14 offices available on the second floor
- Office areas range from 110–149 square feet and include a desk, chairs, and bookcase
- Two‑story building with elevator and ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,091
Suggested Prices Based on Cap Rates
Cap Rate 5%
$41,820
$41.8K
Cap Rate 7%
$29,871
$29.9K
Cap Rate 9%
$23,233
$23.2K
Market Conditions
NOI Build-Up for 133 SF
Gross rent
$3.5K $26.04/SF
− Vacancy
−$675 −$5.08/SF
EGI
$2.8K $20.96/SF
− OpEx
−$697 −$5.24/SF
NOI
$2.1K $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%
$41,820
Cap Rate 7%
$29,871
Cap Rate 9%
$23,233
Alternative Uses
Best Use
Office B
$29.9K
$26.1K – $34.9K
NOI $2,091 @ 7.0% cap · market cap 387.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$40.3K
$35.3K – $47.1K
NOI $2,823 @ 7.0% cap · market cap 522.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,667
Businesses Nearby
Explore this area
Business Placement
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office occupants can access shared meeting, break, mail, and copy areas, with utilities included.
Where is this office unit located?
The property is located at 17 BLACKSMITH ROAD #D-5 Newtown, PA.
What are key features of this property?
This property features: Three of 14 offices available on the second floor; Office areas range from 110–149 square feet and include a desk, chairs, and bookcase; Two‑story building with elevator and ample parking
