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Property profile & analytics
OFF-MARKET
Specialty properties

75 James Way Southampton, PA 18966

33,000 SF 3.02 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional 33,000 square foot vacant medical office building presents a compelling value-add redevelopment opportunity in Southampton, Pennsylvania. Located on a 3.02-acre lot at a signalized intersection of James Way and County Line Road, this two-story, Class C building offers unparalleled visibility and accessibility. The property boasts 114 parking spaces and benefits from its proximity to the PA Turnpike (I-276), boasting 87,000 AADT, providing excellent signage opportunities. Its strategic location near local hospitals, such as Jefferson Health - Warminster Hospital (2.3 miles), and numerous retailers (Chick-fil-A, Starbucks, LA Fitness, Giant, etc.) ensures high traffic and strong potential for tenant attraction. Built in 1990, the property is zoned for Limited Industrial District (LI), allowing for a variety of retail or healthcare uses. A significant advantage is the potential for substantial cost savings in redevelopment compared to new construction, estimated at approximately $6 million by Benchmark Construction. Furthermore, Pennsylvania Sites & RACP grant monies may be available for a medical redevelopment project. The property is currently vacant with an occupancy date of October 3, 2024. This distressed sale offers a unique chance to capitalize on a prime location and significant redevelopment potential. The property's APN is 48-011-004-003.

Property profile
Verified
Property type Specialty properties
Year built 1990
Total area 33,000 SF
Lot 3.02 ac (131,551 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MGA Crisis Intervention Medical Clinic
  • Riteload Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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