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    862 2Nd Street Pike Richboro, PA 18954

    For Sale
    $1,100,000

    Prime Bucks County commercial land, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.67-acre commercial land parcel is ideally situated at 862 Second Street Pike in Richboro, Pennsylvania, zip code 18954. The property offers excellent visibility and accessibility from a major thoroughfare, boasting strong daytime and residential population density. The asking price is $1,100,000. This versatile site presents a unique opportunity for various commercial ventures. Potential uses include, but are not limited to, restaurants, medical facilities, office spaces, or retail establishments. The property owner is open to considering build-to-suit options, providing flexibility for prospective buyers or tenants to tailor the development to their specific needs. The location in Bucks County, Pennsylvania, offers a thriving business environment and a strong local community. The property's size and location make it an attractive investment opportunity for developers and businesses seeking a prominent presence in a desirable area. Full access is provided directly from Second Street Pike, ensuring convenient access for customers and employees. Serious inquiries are encouraged to explore this exceptional commercial land opportunity further.

    Property Features for 862 2Nd Street Pike

    General Information

    Property type
    Land
    Lot Size
    29,185 SF

    HighLights

    • 0.67‑acre commercial land parcel at 862 Second Street Pike, Richboro, PA 18954, priced at $1,100,000.
    • Excellent visibility and accessibility from Second Street Pike.
    • High daytime and residential population density.
    • Build‑to‑suit options available.
    • Suitable for restaurants, medical facilities, offices, or retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Vijaya J. ... Family Practice Physician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Richboro
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.0123874
    Latitude
    40.2103403

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    FAQs

    What type of property is this?
    Land - Prime Bucks County commercial land, build-to-suit option.
    Where is this land located?
    The property is located at 862 2Nd Street Pike Richboro, PA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 0.67-acre commercial land parcel at 862 Second Street Pike, Richboro, PA 18954, priced at $1,100,000.; Excellent visibility and accessibility from Second Street Pike.; High daytime and residential population density.
    Request Owner's contact information
    862 2Nd Street Pike Richboro, PA 18954
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    Richboro, PA 18954
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    Realmo Value Estimation

    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.

    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.

    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
    862 2Nd Street Pike Richboro, PA 18954
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