Add Listing
    For Lease
    • 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

    3534 Hulmeville Rd Bensalem, PA 19020

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

    Vacant commercial land ideal for development in a desirable location.

    Type:Land
    Lot size:
    0.73 Acres
    Added:
    Jun 16, 2021
    Days on Market:
    1774
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 3534 Hulmeville Rd

    General Information

    Standard status
    Active
    Lot size
    0.73 Acres
    Property subtype
    Land

    Spaces For Lease

    at 3534 Hulmeville Rd Contact us

    We can help!

    Listing Contact
    Rebekah Watters

    Listing agent Rebekah Watters License #AZ FLBO

    Listing office Rebekah Watters

    Listing date Jun 16, 2021

    Source Crexi

    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 Rebekah Watters

    Overview

    Commercial Land Ready For Development

    This vacant commercial land, totaling 31,798 square feet, is situated in a desirable location with frontage on Hulmeville Road, adjacent to the 3554 Officeplex. A development analysis indicates a potential building size yield of approximately 6,400 square feet, subject to variances. The parcel is surrounded by commercial condominiums and a school. Its location offers convenient access, being only 2.5 miles from I-95 and Route 1/I-276 (PA Turnpike). The property benefits from high traffic counts and visibility, making it suitable for various uses, including professional offices and drive-thru quick-service restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    -74.939996
    Latitude
    40.105247

    Nearby Similar for Lease

    • $1,000/Mo

      BENSALEM Office with Signage

      1,232 SF office space with high-traffic signage opportunity.
      480 STATE Road, BENSALEM, PA 19020
      View Details
    • $2,400/Mo

      Bensalem Office Space For Lease

      Professional office space with digital sign on busy Street Rd.
      1350 STREET Road, BENSALEM, PA 19020
      View Details
    • $2,200/Mo

      Freestanding Building Near Philadelphia Border

      Freestanding building ideal for daycare, salon, or homecare agency.
      2776 KNIGHTS Road, BENSALEM, PA 19020
      View Details
    • $6,000/Mo

      Bensalem Flex Space For Rent

      6200 SF flex space with convenient transportation access.
      890 Tennis Ave, BENSALEM, PA 19020
      View Details
    • $2,400/Mo

      Bensalem Office Space For Rent

      Professional office space with digital sign and parking available.
      1350 Street Rd, BENSALEM, PA 19020
      View Details
    • $1,000/Mo

      Finished Office Space For Rent

      1,232 SF office space perfect for small businesses.
      480 State Rd, BENSALEM, PA 19020
      View Details
    • $1,675/Mo

      Street Road Retail Storefront Opportunity

      High-visibility retail space with flexible layout and ample parking.
      3540 Street Rd #a, BENSALEM, PA 19020
      View Details
    • Contact for pricing

      Bensalem Industrial Building for Lease

      One-story, predominantly air-conditioned industrial building with recent upgrades available for lease.
      1296 Adams Road, Bensalem, PA 19020
      View Details
    • Contact for pricing

      Industrial Flex Building For Rent

      26,746 SF industrial/flex building on 2.47 acres available for rent.
      1440 Wells Drive, Bensalem, PA 19020
      View Details
    • $17 SF/Yr

      Premium Office Space Sublease

      Sublease opportunity with 20 private offices and five conference rooms.
      3331 St Rd, Bensalem, PA
      View Details
    • Contact for pricing

      4 Acres Development Site

      Prime location development site available for sale or lease.
      2555 Street Road, Bensalem, PA 19020
      View Details
    • Contact for pricing

      Bensalem Warehouse Space Available

      19,380 SF warehouse space for lease in Bensalem, PA.
      1411 Ford Rd, Bensalem, PA 19020
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land ideal for development in a desirable location.
    Where is this commercial land located?
    The property is located at 3534 Hulmeville Rd Bensalem, PA.
    What are key features of this property?
    This property features: Prime commercial land in a desirable location with frontage on Hulmeville Rd.; High traffic counts and visibility.; Development analysis shows approximately **6,400 SF potential building size.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rebekah Watters
    Real Estate License ID: AZ FLBO
    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!