Building Details

Year Built 1980

Construction brick-front

Listing Agency: EveryHome Realtors e***@everyhome.com Show Phone

Listed By: Danielle Mancini Show Phone

Source: Cummingsrealtors

Added: Oct 15 Changed: Oct 21 Last Checked: Oct 23 at 8:02AM

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Investment Insights

Based on property information with market context.

This creative space has a brick-front exterior and was built in 1980. Private parking is available on the property, providing convenient access for visitors and staff.

Key Highlights

• Private parking on the property
• Built in 1980
• Brick‑front exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$5,188

Suggested Prices Based on Cap Rates

Cap Rate 5%

$103,760 $103.8K

Cap Rate 7%

$74,114 $74.1K

Cap Rate 9%

$57,644 $57.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 330 SF

Gross rent

$8.6K $26.04/SF

− Vacancy

−$1.7K −$5.08/SF

EGI

$6.9K $20.96/SF

− OpEx

−$1.7K −$5.24/SF

NOI

$5.2K $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 Rate 5%

$103,760

Cap Rate 7%

$74,114

Cap Rate 9%

$57,644

Alternative Uses

Best Use

Office B

$74.1K

$64.9K – $86.5K (±1% cap)

NOI $5,188 @ 7.0% cap · market cap 830.08%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$100.1K

$87.6K – $116.7K (±1% cap)

NOI $7,004 @ 7.0% cap · market cap 1,120.64%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Barber Industry Barber Shop Kitchen World Inc (Bike/Boat/Book/etc) Store Food Connex (Bike/Boat/Book/etc) Store CLOCK REPAIR STUDIO Computer & Electronic Repair AAA Doylestown - Insurance/Membership ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

189

Businesses Nearby

Explore this area Business Placement

Demographics for 18925, PA

6,679

Population

2,208

Households

3

Avg Household Size

43

Median Age

68%

College-Educated

99%

High-School Grad

9.9 sq mi

ZIP Area

675

Density / Sq Mi

$207,926

Median Household Income

$100,426

Median Earnings

$2,667

Median Rent

$669,300

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

Frequently Asked Questions

What type of property is this?

Creative space - A brick-front property built in 1980 offers private parking for visitors and staff.

Where is this creative space located?

The property is located at 3503 YORK ROAD #1 Furlong, PA.

What are key features of this property?

This property features: Private parking on the property; Built in 1980; Brick‑front exterior