Commercial Real Estate Market in Penndel, PA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
13 active listings and 107 off-market properties in Penndel, PA.
Market Trends
Penndel, PA spans 17.2 square miles in Bucks County, Pennsylvania. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Penndel, PA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Penndel, PA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Penndel, PA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Penndel, PA asks $236/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 66.7%
- Commercial 23.3%
- Industrial 7.3%
- Open space 2.7%
Largest Zones share of zoned land by district
Low Density Residential
Retail Commercial
Moderate Density Residential
Multifamily Residential
Industrial
Penndel, PA zones 272 acres across 9 districts. Commercial zoning covers 23.3% of zoned land, residential 66.7%, open space 2.7% and industrial 7.3%. The largest single district is Low Density Residential at 46.1%. For commercial buyers the practical constraint is that only 30.7% of land carries a commercial or industrial designation.
Low Density Residential (R-1)
R-1 Residential 1 District. The purpose and intent of this district is to retain the character of existing single-family residential areas, to maintain the existing low residential density and to encourage the preservation of permanent open space by providing appropriate standards to exclude activities incompatible with development and to create conditions c…
Market overview
Demographics & Economy
Penndel, PA has 35,452 residents in 13,150 households. Density runs 2,055 people per square mile. Median household income here is $110,395 and median gross rent $1,770 a month.
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,055
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Langhorne | — | $21.80 |
| Middletown Township | — | — |
| Hulmeville | — | — |
| Fairless Hills | — | $33.43 |
Commercial property in Penndel, PA asks $54/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Penndel?
Commercial property in Penndel, PA asks an average of $54 per square foot. The 8 most recent recorded sales traded at a median of $164/SF. Multifamily carries the highest asking price at $236/SF.
What zoning applies to commercial property in Penndel?
Penndel, PA zones 272 acres across 9 districts, of which 23.3% is commercial and 7.3% industrial. The largest single district is Low Density Residential at 46.1% of zoned land. R-1 Residential 1 District. The purpose and intent of this district is to retain the character of existing single-family residential areas, to maintain the existing low residential density and to encourage the preservation of permanent open space by providing appropriate standards to exclude activities incompatible with development and to create conditions c… Residential zoning covers 66.7% and open space 2.7%.
Where does Realmo's Penndel market data come from?
Realmo compiles Penndel, PA figures from 8 recent recorded sales, 12 active sale listings, 1 active lease listings, 107 tracked off-market properties, the current Penndel zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 1 active for-lease listings in Penndel, PA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 272 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
