Search
Professional Office Building
New
For Sale
$700,000

3157 MECHANICSVILLE Road, Bensalem, PA 19020

Commercial Sale, BENSALEM, PA

Property Size1,800 SF
Lot Size0.84 Acres
Price / SF$388.89
Days on Market3

Property Features for 3157 MECHANICSVILLE Road

General Information

Property type Other
Property subtype Office
Parking 12
Parking features Driveway, Parking Lot
High school BENSALEM
Elementary school district BENSALEM TOWNSHIP
Middle school district BENSALEM TOWNSHIP
High school district BENSALEM TOWNSHIP
Standard status Active
Lot size 0.84 Acres

Taxes and HOA fees

Tax Annual Amount 7704

Utilities

Heating system Hot Water(Heating), Baseboard
Cooling system Central Air

Building Details

Year built 1951
Number of units 1
Building materials Frame
Listing Agency: Keller Williams Real Estate - Newtown · Keller Williams Realty
Listed By: Anthony F DiCicco · License #RS315362
Added: Aug 20 Last Checked: Aug 22 at 7:06PM
MLS# PABU2129326

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 1,800-square-foot office building, constructed in 1951, provides seven private offices arranged around a reception area. The interior also includes a kitchenette, one restroom, and a separate storage and filing room. Frame construction, central air, and baseboard heating support the existing office configuration. Public water and public sewer serve the property.

Set on a 0.84-acre lot at 3157 Mechanicsville Road in Bensalem, Pennsylvania, the property offers road frontage along the roadway. Approximately 12 parking spaces are positioned behind the building, with additional driveway and parking-lot features. The combination of private rooms, shared reception space, storage, and on-site parking creates a defined commercial office setting for an owner-user or investor.

Key Highlights

  • Approximately 1,800 square feet with seven private offices
  • 0.84‑acre lot along Mechanicsville Road in Bensalem
  • Approximately 12 rear parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,299
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.04%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,980 $566.0K
Cap Rate 7%
$404,271 $404.3K
Cap Rate 9%
$314,433 $314.4K
Market Conditions
NOI Build-Up for 1,800 SF 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.
Gross rent
$46.9K $26.04/SF
− Vacancy
−$9.1K −$5.08/SF
EGI
$37.7K $20.96/SF
− OpEx
−$9.4K −$5.24/SF
NOI
$28.3K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$565,980
Cap Rate 7%
$404,271
Cap Rate 9%
$314,433

Alternative Uses

Best Use
Office B
$404.3K
$353.7K – $471.7K (±1% cap)
NOI $28,299 @ 7.0% cap · market cap 4.04%
Second Best
no second resolved use
Theoretical Best
Office A
$545.7K
$477.5K – $636.7K (±1% cap)
NOI $38,202 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Sagot Associates, P.C. Law Firm Neil Sagot, Esquire Law Firm

Suggested Use

Top Pick Hair Salon Spa & Massage Center Building Supply Parking Lot & Garage Real Estate Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby

Demographics for 19020, PA

57,043
Population
23,471
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
17.3 sq mi
ZIP Area
3,297
Density / Sq Mi
$80,158
Median Household Income
$49,154
Median Earnings
$1,549
Median Rent
$344,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Seven private offices accompany reception, a kitchenette, storage space, and one restroom in a flexible professional layout.
Where is this office building located?
The property is located at 3157 MECHANICSVILLE Road Bensalem, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 1,800 square feet with seven private offices; 0.84‑acre lot along Mechanicsville Road in Bensalem; Approximately 12 rear parking spaces
More about this property
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