Elevator-Served Medical Office
For Sale
$579,000
770 NEWTOWN YARDLEY Road, Newtown, PA 18940
Commercial Sale - NEWTOWN, PA
Property Size2,675 SF
Price / SF$216.45
Days on Market196
Property Features for 770 NEWTOWN YARDLEY Road
General Information
Property type
Other
Property subtype
Office
Parking
20
Parking features
Parking Lot
Elementary school district
COUNCIL ROCK
Middle school district
COUNCIL ROCK
High school district
COUNCIL ROCK
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
10599
Utilities
Heating system
Heat Pump (Heating), Forced Air
Cooling system
Central Air, Heat Pump
Building Details
Year built
2008
Building materials
Frame
Listing Agency:
RE/MAX Properties · RE/MAX International
(215) 968-7400
Listed By:
Daniel J McCloskey · License #AB050673L
(215) 669-8333
Added: Jan 18
Changed: Jul 30
Last Checked: Aug 2 at 3:06AM
MLS# PABU2112610
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.
Medical and professional office space located on the second floor of an elevator-served building within the Newtown Office Park, just outside Historic Newtown Borough. The space includes several private exam rooms, private offices, and a waiting room with an attached business office, plus a break room and two bathrooms.
The office is approximately 2,675 SF and is set up for day-to-day patient or client flow, with multiple rooms for exam and private consultations alongside dedicated waiting and support space. The building features frame construction and is equipped with heat pump and forced-air heating and central air/heat pump cooling.
Parking is available in a parking lot associated with the property, providing straightforward arrival for employees and visitors.
The office is approximately 2,675 SF and is set up for day-to-day patient or client flow, with multiple rooms for exam and private consultations alongside dedicated waiting and support space. The building features frame construction and is equipped with heat pump and forced-air heating and central air/heat pump cooling.
Parking is available in a parking lot associated with the property, providing straightforward arrival for employees and visitors.
Key Highlights
- Approximately 2,675 SF on the second floor of an elevator‑served building
- Several private exam rooms plus private offices
- Waiting room with attached business office and a break room
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 | $69.7k | $26.04 |
| − Vacancy | −$13.6k | −$5.08 |
| EGI | $56.1k | $20.96 |
| − OpEx | −$14.0k | −$5.24 |
| NOI | $42.1k | $15.72 |
2,675 SF · lease $26.04/SF/yr · vacancy 19.50% · expense 25.00%
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,375
Businesses Nearby
Balanced
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Second-floor medical and professional office with private exam rooms, private offices, and on-site parking lot access.
Where is this medical office space located?
The property is located at 770 NEWTOWN YARDLEY Road 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: Approximately 2,675 SF on the second floor of an elevator‑served building; Several private exam rooms plus private offices; Waiting room with attached business office and a break room
