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    2370 York Rd, Unit C5 Jamison, PA 18929

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    For Sale
    $209,500

    Move-in-ready office space ideal for small businesses and growing teams.

    Property Features for 2370 York Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1994

    We can help!

    Listing Contact
    Jennifer Disantis
    Source: Corcoran

    Listing Agency: COMPASS PENNSYLVANIA, LLC Listing Agent: Jennifer Disantis

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

    Learn more

    Overview

    Adaptable Office Space For Sale

    Located in Warwick Township, north of York Road and Almshouse Road, this property offers approximately 1,370 sq. ft. of adaptable office space. It is centrally positioned near Doylestown, Warrington, Richboro, and Warminster, with convenient access, on-site parking, and walkability to restaurants, retail options, and daily conveniences. Units C5 and C6 at Commonwydds are designed for entrepreneurs, professional service firms, and start-ups looking to establish or expand their presence in Central Bucks County. The layout allows an owner-occupant to operate from one suite while leasing the second to offset overhead, or to grow into additional space as the business scales. Each unit includes private offices, open collaboration areas, private bathrooms, and functional amenities such as a coffee nook and storage, providing a professional environment. This condo offers flexibility and credibility for small business owners.
    Location Intelligence

    Current Use by Public Records

    Daniel Schwartz Law ... Law Firm Radon Protection Systems Home Inspector Worthington & Worthington Law Firm Definitive Search Partners Employment Agency CONSTRUCTING SOLUTIONS,INC. Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamison
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.086703
    Latitude
    40.260676

    Nearby Similar for Sale

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      2370 York Rd, Jamison, PA 18929
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    • $1,995,000
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      Versatile Commercial Investment Opportunity

      Mixed-use property with office, restaurant, and residential units for sale.
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      Retail Space with Strong Visibility

      Retail property with excellent access and neighborhood opportunities.
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    FAQs

    What type of property is this?
    Office units - Move-in-ready office space ideal for small businesses and growing teams.
    Where is this office units located?
    The property is located at 2370 York Rd, Unit C5 Jamison, PA.
    What is the asking price?
    The asking price for this property is $209,500.
    What are key features of this property?
    This property features: - Move-in-ready, adaptable office space (1,370 sq. ft.) ideal for small businesses and growing teams.; - Opportunity to offset overhead by leasing one unit while occupying the other.; - Centrally located in Central Bucks County with easy access to Doylestown, Warrington, Richboro, and Warminster.
    (215) 348-4848
    Request Owner's contact information
    2370 York Rd, Unit C5 Jamison, PA 18929
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    Jamison, PA 18929
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    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
    2370 York Rd, Unit C5 Jamison, PA 18929
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    Listing Contact
    Jennifer Disantis
    (215) 348-4848
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