Property profile

0 Mearns Rd Warminster, PA 18974

OFF-MARKET
Land
4.39 ac lot
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Property summary

AI-generated overview

This exceptional 4.387-acre industrial lot is situated in the desirable Stover Industrial Park in Warminster, Pennsylvania (Bucks County, zip code 18974). Zoned LI - Limited Industrial District, this property presents a remarkable opportunity for development. The lot, tax parcel 51-013-008-003, offers the potential to construct a substantial industrial building, with preliminary plans suggesting the feasibility of two 30,000+ square foot structures or a single larger building by combining with an adjacent lot. Public water is available, while a private sewer system (requiring a sand mound) will be necessary. PECO Electric & Gas services are conveniently located on-site. The 2024 real estate taxes for this vacant lot are $4,002, with an assessed value of $22,360. This strategic location provides unparalleled access to major transportation arteries, including easy access to York Road (Route 263), proximity to the PA Turnpike (I-276) within 15 minutes, I-95 within 20 minutes, and convenient access to the New Jersey/Pennsylvania border (within 30 minutes) and Philadelphia (under an hour). The property's location also offers less than a two-hour commute to New York City. This is an ideal site for businesses seeking a well-connected location with ample space for development in a thriving industrial area.

Property profile

Verified
Property type Land
Lot 4.39 ac (191,098 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Mearns Rd Warminster, PA 18974
Warminster metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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