Medical Office Suite with Exam
New
For Sale
$395,000
4-suite 18 Terry Drive # Suite 18, Newtown, PA 18940
Reception, a private office, storage, and five clinical rooms support a medical practice layout.
Property Size1,200 SF
Price / SF$329.17
Days on Market4
Property Features for 4-suite 18 Terry Drive # Suite 18
General Information
Standard status
Active
Size
1,200 SF
Zoning
LI
Additional Details
Highway Access
Yes
Office Units
1
Tenant in Place
Yes
Property Use
Medical Office
Medical Specialty
chiropractic, acupuncture
Taxes and HOA fees
Annual Taxes
$6,925
Amenities
Carpet
Electric
Yes
7
8' to 10'
Public
United States
No
Parking Lot
100
1200.00
Building Details
Building Size
1,200 SF
Year Built
1982
Tenancy
Multi
Abandoned
No
Listing Agency:
JM Diamond Realty
(610) 750-6078
Listed By:
Lourdes Gonzalez-Nieves
(610) 507-1546
Source:
Jmdiamondrealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:14PM
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 JM Diamond Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot medical office suite includes a waiting area with reception, one private office, a storage room, and five examination rooms. A closet is located at the end of the hallway. The suite was built in 1982 and is zoned LI. It is currently occupied by a chiropractor, with one examination room leased to an acupuncturist.
The property is near I-95 and other major highways. The Atrium provides a parking lot with 100 spaces.
The property is near I-95 and other major highways. The Atrium provides a parking lot with 100 spaces.
Key Highlights
- 1,200‑square‑foot medical office suite
- Five examination rooms, plus a waiting area and reception
- Includes a private office and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,866
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,320
$377.3K
Cap Rate 7%
$269,514
$269.5K
Cap Rate 9%
$209,622
$209.6K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$31.2K $26.04/SF
− Vacancy
−$6.1K −$5.08/SF
EGI
$25.2K $20.96/SF
− OpEx
−$6.3K −$5.24/SF
NOI
$18.9K $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%
$377,320
Cap Rate 7%
$269,514
Cap Rate 9%
$209,622
Alternative Uses
Best Use
Office B
$269.5K
$235.8K – $314.4K
NOI $18,866 @ 7.0% cap · market cap 4.78%
Second Best
Healthcare Medical
$237.2K
$207.5K – $276.7K
NOI $16,602 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$363.8K
$318.4K – $424.5K
NOI $25,468 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Akshar Animal Clinic — 430 Durham Rd, Newtown, PA 18940
Frequently Asked Questions
What type of property is this?
Medical Office Space - Reception, a private office, storage, and five clinical rooms support a medical practice layout.
Where is this medical office space located?
The property is located at 4-suite 18 Terry Drive # Suite 18 Newtown, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,200‑square‑foot medical office suite; Five examination rooms, plus a waiting area and reception; Includes a private office and storage room
