Second-Floor Medical Office
New
For Sale
$579,000
770 NEWTOWN YARDLEY RD #221 221, Newtown, PA 18940
Elevator access serves a suite configured with private exam rooms, offices, and a dedicated waiting area.
Property Size2,675 SF
Price / SF$216.45
Days on Market4
Property Features for 770 NEWTOWN YARDLEY RD #221 221
General Information
Standard status
Active
Size
2,675 SF
Elevators
Yes
Additional Details
Floor
2
HOA Fee
$734.50
Listing Agency:
RE/MAX Properties
(215) 968-7400
Listed By:
Daniel J McCloskey · License #AB050673L
(215) 669-8333
Source:
Hostetterrealty
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 9:02AM
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
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 2,675-square-foot medical office suite occupies the second floor of an elevator-served building in Newtown Office Park. Its layout includes several private exam rooms and offices, two bathrooms, a waiting room with an attached business office, and a break room.
The property is just outside Historic Newtown Borough. Parking is available at the office park.
The property is just outside Historic Newtown Borough. Parking is available at the office park.
Key Highlights
- 2,675‑square‑foot medical and professional office suite
- Second‑floor location in an elevator‑served building
- Several private exam rooms and offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,055
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,100
$841.1K
Cap Rate 7%
$600,786
$600.8K
Cap Rate 9%
$467,278
$467.3K
Market Conditions
NOI Build-Up for 2,675 SF
Gross rent
$69.7K $26.04/SF
− Vacancy
−$13.6K −$5.08/SF
EGI
$56.1K $20.96/SF
− OpEx
−$14.0K −$5.24/SF
NOI
$42.1K $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%
$841,100
Cap Rate 7%
$600,786
Cap Rate 9%
$467,278
Alternative Uses
Best Use
Office B
$600.8K
$525.7K – $700.9K
NOI $42,055 @ 7.0% cap · market cap 7.26%
Second Best
Healthcare Medical
$528.7K
$462.6K – $616.8K
NOI $37,008 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$811.0K
$709.7K – $946.2K
NOI $56,772 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18940, PA
30,280
Population
11,763
Households
2.6
Avg Household Size
47
Median Age
67%
College-Educated
97%
High-School Grad
34.6 sq mi
ZIP Area
875
Density / Sq Mi
$157,591
Median Household Income
$85,895
Median Earnings
$2,227
Median Rent
$623,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Akshar Animal Clinic — 430 Durham Rd, Newtown, PA 18940
Frequently Asked Questions
What type of property is this?
Medical Office Space - Elevator access serves a suite configured with private exam rooms, offices, and a dedicated waiting area.
Where is this medical office space located?
The property is located at 770 NEWTOWN YARDLEY RD #221 221 Newtown, PA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 2,675‑square‑foot medical and professional office suite; Second‑floor location in an elevator‑served building; Several private exam rooms and offices
