Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 Bristol Pike Bensalem, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    3.43 acre commercial land with frontage on Bristol Pike.

    Type:LAND
    Lot size:
    3.43 Acres
    Added:
    Jun 7, 2023
    Days on Market:
    1053
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 700 Bristol Pike

    General Information

    Standard status
    Active
    Lot size
    3.43 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Jason Ostach

    Listing agent Jason Ostach

    Listing office Binswanger - Corporate

    Listing date Jun 7, 2023

    Source Moodyscre

    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 Binswanger - Corporate

    Overview

    3.43 Acre Development Opportunity

    This 3.43-acre development opportunity, identified by parcel ID 02-023-001, features approximately 300 feet of direct frontage on Bristol Pike. Zoned GC (General Commercial) by Bensalem Township, the site benefits from an Average Annual Daily Traffic (AADT) count of 16,821. The estimated 2023 taxes are $10,695.99. Situated in the heart of Bensalem, the location provides access to Street Road, I-95, and bridges to New Jersey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Extra Space Storage Storage Facility

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bensalem
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9774
    Latitude
    40.0668

    Nearby Similar for Sale

    • $759,900

      Turnkey Commercial Property in Bensalem

      Move-in ready office near Parx Casino with expansion potential.
      3157 MECHANICSVILLE Road, BENSALEM, PA 19020
      View Details
    • $1,995,900

      Versatile Commercial Building in BENSALEM

      Well-maintained commercial building with flexible space and ample parking.
      2336 STREET Road, BENSALEM, PA 19020
      View Details
    • $849,900
      6,200 SF

      Bensalem Flexible Corner Property

      Corner property with flexible space and convenient transportation access.
      890 Tennis Ave, BENSALEM, PA 19020
      View Details
    • $20
      34,220 SF

      Premier Office Building on Street Road

      Four-story office building with suites available in Bensalem Township, PA.
      1950 Street Road, Bensalem, PA 19020
      View Details
    • $25,000

      Vacant Land in Bensalem, PA

      Vacant land between 95 and Allen Ave in Bensalem.
      ALLEN Avenue, BENSALEM, PA 19020
      View Details
    • $25,000

      Vacant Land in Bensalem, PA

      Vacant land available in Bensalem, Pennsylvania.
      KINGS Lane, BENSALEM, PA 19020
      View Details
    • $385,000

      Land in Bensalem, Pennsylvania

      Land available for sale in Bensalem, Bucks County, Pennsylvania.
      2025 STATE Road, BENSALEM, PA 19020
      View Details
    • Contact for pricing
      22,367 SF

      Retail Space Near Major Retailers

      Retail space available near major retailers and transportation routes.
      2601-2647 Street Road, Bensalem, PA 19020
      View Details
    • $2,299,999
      15,300 SF

      Bensalem Office Building For Sale

      15,300 sqft office building in Bensalem, PA for sale.
      3618 Hulmeville Road, bensalem, PA, 19020
      View Details
    • $1,275,000
      5,610 SF

      Mixed-Use Investment Opportunity in Bensalem

      Two buildings on 0.40 acres with strong rental history.
      921 Woodbine Ave, Bensalem, PA 19020
      View Details
    • $27,777

      I-95 Exposure Billboard Location

      Land parcel with I-95 exposure, potential billboard location.
      L:15 Dunston Rd, BENSALEM, PA 19020
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near PA Turnpike

      Retail property for sale, close to the PA Turnpike.
      2363 Pasqualone Boulevard, Bensalem, PA 19020
      View Details

    FAQs

    What type of property is this?
    Land - 3.43 acre commercial land with frontage on Bristol Pike.
    Where is this land located?
    The property is located at 700 Bristol Pike Bensalem, PA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Direct frontage on Bristol Pike (approx. 300'); 3.43 acre development opportunity; GC zoning – General Commercial (Bensalem Township)
    (856) 630-0774 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Ostach
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!