Single-Level Office
503 FLORAL VALE Boulevard Morrisville, PA 19067
For Sale
Under Contract
$335,000
Commercial Sale - MORRISVILLE, PA
Property Size1,360 SF
Price / SF$246.32
Days on Market100
Property Features for 503 FLORAL VALE Boulevard
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 6
- Parking features
- Parking Lot
- Standard status
- Active Under Contract
Taxes and HOA fees
- Tax Annual Amount
- 8788
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1999
- Building materials
- Stucco, Vinyl Siding
Listing Agency:
Keller Williams Real Estate - Newtown
(215) 860-4200
Listed By:
Anthony F DiCicco · License #RS315362
(215) 385-2006
Added: Apr 18
Changed: Jul 2
Last Checked: Jul 26 at 10:06AM
MLS# PABU2118822
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-level office suite includes a welcoming vestibule entrance leading to a spacious reception area, along with seven private offices. The interior also features a large bathroom and a substantial storage closet, supporting a practical layout for professional teams that need separate workspaces and client-facing space.
The suite is located at 503 Floral Vale Boulevard within the Floral Vale business community, with quick access to I-295 and Route 1. Ample parking is available for both staff and clients, and common area maintenance is covered by the association.
The property is currently combined with 504 Floral Vale Boulevard to create a larger professional space. Units may be purchased together or separately, and if purchased individually, the buyer will be responsible for converting the space back to its original configuration. This setup can support a range of office users seeking flexible space while benefiting from the existing professional park environment and established parking.
The suite is located at 503 Floral Vale Boulevard within the Floral Vale business community, with quick access to I-295 and Route 1. Ample parking is available for both staff and clients, and common area maintenance is covered by the association.
The property is currently combined with 504 Floral Vale Boulevard to create a larger professional space. Units may be purchased together or separately, and if purchased individually, the buyer will be responsible for converting the space back to its original configuration. This setup can support a range of office users seeking flexible space while benefiting from the existing professional park environment and established parking.
Key Highlights
- Prime Location: Highly sought‑after Floral Vale business community in Yardley with quick access to I‑295 and Route 1.
- Functional Layout: Features a reception area, seven private offices, a large bathroom, and a substantial storage closet.
- Ample Parking: Offers ample parking for both staff and clients.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.4k | $26.04 |
| − Vacancy | −$6.9k | −$5.08 |
| EGI | $28.5k | $20.96 |
| − OpEx | −$7.1k | −$5.24 |
| NOI | $21.4k | $15.72 |
1,360 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$305.4K
$267.3K – $356.4K
NOI $21,381 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$412.3K
$360.8K – $481.1K
NOI $28,864 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office suite with a vestibule reception area, seven private offices, and ample parking for staff and clients.
Where is this office units located?
The property is located at 503 FLORAL VALE Boulevard Morrisville, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Prime Location: Highly sought‑after Floral Vale business community in Yardley with quick access to I‑295 and Route 1.; Functional Layout: Features a reception area, seven private offices, a large bathroom, and a substantial storage closet.; Ample Parking: Offers ample parking for both staff and clients.
