Elevator-Served Medical
221-770 Newtown Yardley Rd Newtown, PA 18940
221-770 Newtown Yardley Rd, Newtown, PA, 18940
$579,000
For Sale
$579,000
Second-floor medical/professional office offering private exam rooms, offices, and a waiting area with break room.
Property Size2,675 SF
Price / SF$216.45
Days on Market184
Property Features for 221-770 Newtown Yardley Rd
General Information
- Standard status
- Active
- Size
- 2,675 SF
Listing agency
RE/MAX Properties
(215) 669-8333
Listed by
Daniel J McCloskey · License #AB050673L
(215) 669-8333
Source
Exprealty
Added: Jan 18 Updated: Jul 20 at 5:53PM Checked: Jul 20 at 5:53PM
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 Properties
Investment Insights
Based on property information with market context.
Medical/professional office space in an elevator-served building, located on the second floor. The suite includes several private exam rooms and private offices, plus two bathrooms. The layout also features a waiting room with an attached business office and a separate break room.
Situated within Newtown Office Park, just outside Historic Newtown Borough. The property is described as convenient to everything and offers plenty of parking.
Condo ownership is indicated by a listed condo fee of $734.50 per month.
Situated within Newtown Office Park, just outside Historic Newtown Borough. The property is described as convenient to everything and offers plenty of parking.
Condo ownership is indicated by a listed condo fee of $734.50 per month.
Key Highlights
- 2675 SF second‑floor medical/professional office in an elevator‑served building
- Includes several private exam rooms and private offices
- Waiting room with attached business office, plus a break room
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.7k | $26.04 |
| − Vacancy | −$13.6k | −$5.08 |
| EGI | $56.1k | $20.96 |
| − OpEx | −$14.0k | −$5.24 |
| NOI | $42.1k | $15.72 |
2,675 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$600.8K
$525.7K – $700.9K
NOI $42,055 @ 7.0% cap · market cap 7.26%
Second Best
Healthcare Medical
$528.7K
$462.6K – $616.8K
NOI $37,008 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$811.0K
$709.7K – $946.2K
NOI $56,772 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Newtown Veterinary Hospital: Kriftcher Debra DVM — 107 Penns Trail, Newtown, PA 18940
- Graham Jaaron DVM — 107 Penns Trail, Newtown, PA 18940
- Newtown Veterinary Hospital, LLC — 107 Penns Trail, Newtown, PA 18940
- Angela Summers, VMD — 107 Penns Trail, Newtown, PA 18940, United States
- Judith E. Palm, VMD — 107 Penns Trail, Newtown, PA 18940
FAQs
What type of property is this?
Medical Office Space - Second-floor medical/professional office offering private exam rooms, offices, and a waiting area with break room.
Where is this medical office space located?
The property is located at 221-770 Newtown Yardley Rd Newtown, PA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2675 SF second‑floor medical/professional office in an elevator‑served building; Includes several private exam rooms and private offices; Waiting room with attached business office, plus a break room
