Office Unit with Private
510 HYDE PARK, Doylestown, PA 18902
For Sale
Contact for pricing
Furniture, heat, air conditioning, CAM fees, and electricity are included.
Property Size1,300 SF
Price / SF$1.54
Days on Market28
Property Features for 510 HYDE PARK
General Information
Standard status
Size
Property subtype
Additional Details
Furnished
Property Use
Building Details
Year Built
Listing Agency:
RE/MAX Properties
(215) 968-7400
Listed By:
Anthony D Roth · License #1110612
(215) 470-7748
Source:
Cummingsrealtors
Added: Oct 12
Changed: Nov 6
Last Checked: Nov 8 at 6:39AM
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 Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit has three private offices, a shared area suited to workstation layout, and a separate storage room. The space is described as updated, and furniture is included. Heat, air conditioning, CAM fees, and electricity are also included.
Built in 1990, the property is near Doylestown and just off Route 202, with convenient access from the route.
Built in 1990, the property is near Doylestown and just off Route 202, with convenient access from the route.
Key Highlights
- Three private offices, a shared workstation area, and a storage room
- Furniture, heat, air conditioning, CAM fees, and electricity included
- Built in 1990; located just off Route 202 near Doylestown
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,438
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,760
$408.8K
Cap Rate 7%
$291,971
$292.0K
Cap Rate 9%
$227,089
$227.1K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$33.9K $26.04/SF
− Vacancy
−$6.6K −$5.08/SF
EGI
$27.3K $20.96/SF
− OpEx
−$6.8K −$5.24/SF
NOI
$20.4K $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%
$408,760
Cap Rate 7%
$291,971
Cap Rate 9%
$227,089
Alternative Uses
Best Use
Office B
$292.0K
$255.5K – $340.6K
NOI $20,438 @ 7.0% cap · market cap 1,021.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$394.1K
$344.9K – $459.8K
NOI $27,590 @ 7.0% cap · market cap 1,379.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 18902, PA
22,236
Population
8,260
Households
2.7
Avg Household Size
44
Median Age
65%
College-Educated
99%
High-School Grad
27.1 sq mi
ZIP Area
821
Density / Sq Mi
$164,482
Median Household Income
$78,891
Median Earnings
$2,143
Median Rent
$637,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Bucks County, PA
Properties on Market for Office Units in Bucks County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Furniture, heat, air conditioning, CAM fees, and electricity are included.
Where is this office unit located?
The property is located at 510 HYDE PARK Doylestown, PA.
What are key features of this property?
This property features: Three private offices, a shared workstation area, and a storage room; Furniture, heat, air conditioning, CAM fees, and electricity included; Built in 1990; located just off Route 202 near Doylestown
