Financial
Distress signals
Property profile

28 State St Newtown, PA 18940

OFF-MARKET
Office Spaces
Property ID
US73-1060831
3,613 SF Built 2001
Last sale Dec 2004 · $230,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,613 square foot office space ideally located in the heart of Newtown Borough, Pennsylvania, directly below the District Court offices. Currently configured as a fully operational fitness center, this daylight walkout space offers significant potential for a variety of professional uses. The property boasts ample off-street parking in a rear lot, providing convenient access for clients and employees. A key advantage of this investment is

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$33k
Assessed improvement$33k
Effective rate18.29%

Value estimate

· Sep 2026
$290k
$261k – $319k
Submarket $/SF estimate$673k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$186 – $308
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
VC
JurisdictionBUCKS

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.3
Convenience Store11.9
Storage Facility10.5

Location

28 State St Newtown, PA 18940-2045
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
159 Sycamore, Newtown, PA 18940-1512 $1,000,000 Jun 2024 3,112 SF
509 Washington, Newtown, PA 18940-2170 $780,000 Nov 2022 3,591 SF
759 Newtown Yardley, Newtown, PA 18940-1747 $850,600 May 2022 4,052 SF
119 State, Newtown, PA 18940-3509 $1,100,000 Apr 2022 3,896 SF
12 Penns Trl Ste, Newtown, PA 18940-1892 $925,000 Apr 2022 3,949 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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