Flex Space with Shop
40 TERRY DRIVE, Feasterville Trevose, PA 19053
For Sale
New
Contact for pricing
A shop, parts areas, and office space provide a mix of work and customer-facing areas.
Property Size3,000 SF
Price / SF$1.60
Days on Market5
Property Features for 40 TERRY DRIVE
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Mezzanine
Power
Three-Phase Power
Building Details
Year Built
Buildings
Construction
Listing Agency:
RE/MAX Realty Services-Bensalem
(215) 245-2100
Listed By:
Joseph C Knowles · License #AB066167
(215) 245-2118
Source:
Cummingsrealtors
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 6:52AM
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 RE/MAX Realty Services-Bensalem
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 3,000-square-foot flex property, built in 1970, combines shop, parts, and office areas. A 14' x 10' garage opening serves the shop, which also has a 30' x 15' loft with stairs and a forklift-accessible opening. The parts area includes an unheated space beneath the loft and a separate heated office. A 32' x 14' open office offers room for desks or showroom use. The office has baseboard heat and central air; the shop has supplemental heat without air conditioning. Electrical service is 200 amp, 3 Phase.
The property is near the Turnpike, US1, and I-95. Its brick exterior is topped by a three-dimensional roof that is one year old. The burner is five years old and has been maintained.
The property is near the Turnpike, US1, and I-95. Its brick exterior is topped by a three-dimensional roof that is one year old. The burner is five years old and has been maintained.
Key Highlights
- 3,000 SF flex property with shop, parts areas, and offices
- 14' x 10' garage opening into the shop
- 30' x 15' loft with stairs and forklift‑accessible opening
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,397
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,940
$307.9K
Cap Rate 7%
$219,957
$220.0K
Cap Rate 9%
$171,078
$171.1K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$25.2K $8.40/SF
− Vacancy
−$1.5K −$0.50/SF
EGI
$23.7K $7.90/SF
− OpEx
−$8.3K −$2.76/SF
NOI
$15.4K $5.13/SF
Area
Bucks County, PA
Vacancy
6.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,940
Cap Rate 7%
$219,957
Cap Rate 9%
$171,078
Alternative Uses
Best Use
Industrial
$314.6K
$275.3K – $367.1K
NOI $22,025 @ 7.0% cap · market cap 458.85%
Second Best
Flex RnD
$220.0K
$192.5K – $256.6K
NOI $15,397 @ 7.0% cap · market cap 320.77%
Theoretical Best
Office A
$909.6K
$795.9K – $1.06M
NOI $63,670 @ 7.0% cap · market cap 1,326.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19053, PA
28,179
Population
11,161
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
2,684
Density / Sq Mi
$102,241
Median Household Income
$59,606
Median Earnings
$1,401
Median Rent
$382,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Bucks County, PA
Properties on Market for Flex space in Bucks County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A shop, parts areas, and office space provide a mix of work and customer-facing areas.
Where is this flex space located?
The property is located at 40 TERRY DRIVE Feasterville Trevose, PA.
What are key features of this property?
This property features: 3,000 SF flex property with shop, parts areas, and offices; 14' x 10' garage opening into the shop; 30' x 15' loft with stairs and forklift‑accessible opening
