Medical Office Property with Flexible
4018 DURHAM, Ottsville, PA 18942
For Sale
$449,900
C-Commercial zoning lists medical, dental, daycare, retail, restaurant, and service uses, subject to verification.
Property Size1,872 SF
Lot Size1.80 Acres
Price / SF$240.33
Days on Market102
Property Features for 4018 DURHAM
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Year Built
Buildings
Listing Agency:
Coldwell Banker Hearthside Realtors- Ottsville
(610) 847-3300
Listed By:
Scott K Freeman · License PA RS283644
(610) 476-1172
Source:
Cummingsrealtors
Added: Aug 1
Changed: Nov 8
Last Checked: Nov 10 at 8:34AM
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 Coldwell Banker Hearthside Realtors- Ottsville
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Investment Insights
Based on property information with market context.
Located at 4018 Durham Road, this medical office property contains approximately 3,000 square feet on a 1.8-acre parcel. The building dates to 1949 and includes a reception area, exam and treatment rooms, offices, and supporting areas. A second floor adds office space with a kitchenette and restroom, while the lower level was previously used as a daycare area.
The property provides approximately 213 feet of frontage along Route 412 and sits less than 300 feet from the signalized Routes 412 and 611 intersection. On-site parking and proximity to Whole Foods, St. Luke's Hospital Network, CVS, and Turkey Hill add to its commercial setting. C-Commercial zoning lists medical and dental offices, veterinary practices, daycare facilities, retail, financial institutions, restaurants, convenience stores, service businesses, and shopping centers among the uses, subject to buyer verification.
The property provides approximately 213 feet of frontage along Route 412 and sits less than 300 feet from the signalized Routes 412 and 611 intersection. On-site parking and proximity to Whole Foods, St. Luke's Hospital Network, CVS, and Turkey Hill add to its commercial setting. C-Commercial zoning lists medical and dental offices, veterinary practices, daycare facilities, retail, financial institutions, restaurants, convenience stores, service businesses, and shopping centers among the uses, subject to buyer verification.
Key Highlights
- 1.8‑acre parcel with approximately 3,000 square feet of building area
- Approximately 213 feet of frontage on Route 412
- Less than 300 feet from the signalized Routes 412 and 611 intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,195
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,900
$683.9K
Cap Rate 7%
$488,500
$488.5K
Cap Rate 9%
$379,944
$379.9K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$53.0K $28.32/SF
− Vacancy
−$7.4K −$3.96/SF
EGI
$45.6K $24.36/SF
− OpEx
−$11.4K −$6.09/SF
NOI
$34.2K $18.27/SF
Area
Bucks County, PA
Vacancy
14.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,900
Cap Rate 7%
$488,500
Cap Rate 9%
$379,944
Alternative Uses
Best Use
Office B
$488.5K
$427.4K – $569.9K
NOI $34,195 @ 7.0% cap · market cap 7.60%
Second Best
Healthcare Medical
$370.0K
$323.7K – $431.7K
NOI $25,899 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$641.6K
$561.4K – $748.6K
NOI $44,914 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18942, PA
3,118
Population
1,179
Households
2.6
Avg Household Size
53
Median Age
38%
College-Educated
93%
High-School Grad
20.3 sq mi
ZIP Area
154
Density / Sq Mi
$99,091
Median Household Income
$57,500
Median Earnings
$1,392
Median Rent
$485,800
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Bucks County, PA
Properties on Market for Medical Office Space in Bucks County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - C-Commercial zoning lists medical, dental, daycare, retail, restaurant, and service uses, subject to verification.
Where is this medical office space located?
The property is located at 4018 DURHAM Ottsville, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 1.8‑acre parcel with approximately 3,000 square feet of building area; Approximately 213 feet of frontage on Route 412; Less than 300 feet from the signalized Routes 412 and 611 intersection
