Tenant-Occupied Flex
For Sale
$550,000
34 Commerce Dr, Warminster, PA 18974
Light Industrial zoning supports a range of commercial and industrial uses.
Property Size2,835 SF
Price / SF$194
Days on Market50
Property Features for 34 Commerce Dr
General Information
Standard status
Active
Size
2,835 SF
Zoning
Light Industrial
Warehouse & Industrial
Clear Height
15 ft
Clear Span
Yes
Office Build-Out
654 SF
Dock-High Doors
1
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Year Built
1986
Buildings
1
Building Size
2,835 SF
Tenancy
Single
Listing Agency:
Tucker Realty
Listed By:
Matthew Reifer
(215) 925-7500
Source:
Jennysoldmine
Added: Sep 4
Changed: Oct 13
Last Checked: Oct 7 at 3:45PM
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 Tucker Realty
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Investment Insights
Based on property information with market context.
This tenant-occupied flex building contains approximately 2,835 square feet, including about 654 square feet of heated and air-conditioned office area. The clear-span industrial layout includes 14'–15' ceiling heights, 6-inch reinforced concrete floors, ample parking, and two loading points: a 12' x 12' drive-in door and a 10' x 10' tailgate door. Constructed in 1986, the property is located in a Light Industrial zoning district.
The Warminster property provides access to Route 611, Route 132, the Pennsylvania Turnpike, I-95, and Warminster Regional Rail Station. An existing tenant occupies the building, while the loading configuration and office component support its flex-space format.
The Warminster property provides access to Route 611, Route 132, the Pennsylvania Turnpike, I-95, and Warminster Regional Rail Station. An existing tenant occupies the building, while the loading configuration and office component support its flex-space format.
Key Highlights
- Approximately 2,835‑square‑foot tenant‑occupied flex building
- Approximately 654 square feet of heated and air‑conditioned office space
- 14'–15' clear ceiling heights with 6" reinforced concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,998
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,960
$580.0K
Cap Rate 7%
$414,257
$414.3K
Cap Rate 9%
$322,200
$322.2K
Market Conditions
NOI Build-Up for 2,835 SF
Gross rent
$37.1K $13.08/SF
− Vacancy
−$3.0K −$1.05/SF
EGI
$34.1K $12.03/SF
− OpEx
−$5.1K −$1.81/SF
NOI
$29.0K $10.23/SF
Area
Bucks County, PA
Vacancy
8.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,960
Cap Rate 7%
$414,257
Cap Rate 9%
$322,200
Alternative Uses
Best Use
Warehouse
$414.3K
$362.5K – $483.3K
NOI $28,998 @ 7.0% cap · market cap 5.27%
Second Best
Industrial
$297.3K
$260.2K – $346.9K
NOI $20,813 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$859.5K
$752.1K – $1.00M
NOI $60,168 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
15 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18974, PA
42,507
Population
17,970
Households
2.4
Avg Household Size
47
Median Age
39%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
2,158
Density / Sq Mi
$99,724
Median Household Income
$57,726
Median Earnings
$1,634
Median Rent
$407,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- The Gourmet Vendor — 110 Camars Dr, Warminster, PA 18974
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial zoning supports a range of commercial and industrial uses.
Where is this flex space located?
The property is located at 34 Commerce Dr Warminster, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 2,835‑square‑foot tenant‑occupied flex building; Approximately 654 square feet of heated and air‑conditioned office space; 14'–15' clear ceiling heights with 6" reinforced concrete flooring
