Auto Shop with Drive-Through
For Sale
$2,300,000
8364 Easton Rd, Ottsville, PA 18942
Fully fenced auto shop with three 14-foot drive-through garage bays, showroom/office space, and significant parking.
Property Size12,000 SF
Lot Size2.38 Acres
Price / SF$191.67
Days on Market55
Property Features for 8364 Easton Rd
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
50
Lot size
2.38 Acres
Property subtype
Commercial
Zoning
VC
Site & Location
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
3
Taxes and HOA fees
Annual Taxes
$15,608
Amenities
Highway
Building Details
Year Built
1996
Year Renovated
2023
Listing Agency:
INNOVATE REAL ESTATE
(215) 723-4073
Listed By:
RONALD MONROE II
Source:
Corcoran
Added: Jun 19
Changed: Aug 8
Last Checked: Aug 11 at 8:21AM
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 INNOVATE REAL ESTATE
Investment Insights
Based on property information with market context.
The property is a highly visible, fully fenced commercial facility designed for automotive and service-oriented operations. The site includes three 14-foot drive-through garage bays, along with over 2,000 square feet of office and showroom space. It was renovated in 2023, and the Phase 2 environmental work is complete and satisfactory. Existing signage is in place, supporting brand visibility for a range of uses that can accommodate vehicle access and customer-facing space.
The facility is located at a signalized intersection of Route 611 and Route 412 in Ottsville, within Nockamixon Township, Bucks County. The site sits on 2.38 acres and offers over 400 feet of combined road frontage plus 50+ parking spaces, providing convenient access for employees, customers, and service traffic.
Zoned Village Center (VC) with a conditional use approval in place, the property may support multiple commercial needs depending on how the use aligns with township requirements. Buyers and their counsel should independently verify permitted uses with Nockamixon Township prior to making an offer. With its drive-through configuration, fenced yard, and robust on-site parking, the property is particularly suited to owner-operators or investors seeking an infrastructure-rich automotive and showroom-style setup.
The facility is located at a signalized intersection of Route 611 and Route 412 in Ottsville, within Nockamixon Township, Bucks County. The site sits on 2.38 acres and offers over 400 feet of combined road frontage plus 50+ parking spaces, providing convenient access for employees, customers, and service traffic.
Zoned Village Center (VC) with a conditional use approval in place, the property may support multiple commercial needs depending on how the use aligns with township requirements. Buyers and their counsel should independently verify permitted uses with Nockamixon Township prior to making an offer. With its drive-through configuration, fenced yard, and robust on-site parking, the property is particularly suited to owner-operators or investors seeking an infrastructure-rich automotive and showroom-style setup.
Key Highlights
- 12,000 SF commercial facility on 2.38 acres in Ottsville at the signalized intersection of Route 611 and Route 412
- Over 400 ft of combined road frontage with 50+ parking spaces and existing signage
- Three 14‑foot drive‑through garage bays for auto service operations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$117,810
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,356,200
$2.4M
Cap Rate 7%
$1,683,000
$1.7M
Cap Rate 9%
$1,309,000
$1.3M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$180.0K $15.00/SF
− Vacancy
−$11.7K −$0.98/SF
EGI
$168.3K $14.03/SF
− OpEx
−$50.5K −$4.21/SF
NOI
$117.8K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,356,200
Cap Rate 7%
$1,683,000
Cap Rate 9%
$1,309,000
Alternative Uses
Best Use
Retail
$1.68M
$1.47M – $1.96M
NOI $117,810 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$1.04M
$909.8K – $1.21M
NOI $72,784 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$3.64M
$3.18M – $4.24M
NOI $254,680 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
3
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18942, PA
3,118
Population
1,179
Households
2.6
Avg Household Size
53
Median Age
38%
College-Educated
93%
High-School Grad
20.3 sq mi
ZIP Area
154
Density / Sq Mi
$99,091
Median Household Income
$57,500
Median Earnings
$1,392
Median Rent
$485,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Vanderlely's Truck Sales & Services — 34 Durham Rd, Ottsville, PA 18942
Frequently Asked Questions
What type of property is this?
Auto shop - Fully fenced auto shop with three 14-foot drive-through garage bays, showroom/office space, and significant parking.
Where is this auto shop located?
The property is located at 8364 Easton Rd Ottsville, PA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 12,000 SF commercial facility on 2.38 acres in Ottsville at the signalized intersection of Route 611 and Route 412; Over 400 ft of combined road frontage with 50+ parking spaces and existing signage; Three 14‑foot drive‑through garage bays for auto service operations
