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Property profile & analytics
OFF-MARKET
Mixed-use properties

881 2Nd Street Pike Richboro, PA 18954

1.35 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional 1.35-acre mixed-use development opportunity in Richboro, PA, presents a unique investment prospect. The property encompasses two tax parcels (31-018-021 and 31-018-020) zoned C-2 Commercial, offering significant potential for redevelopment. Currently, the site includes a substantial 6,000+ square foot auto body shop located at 881 2nd Street Pike. In addition, there are several residential properties: a vacant three-bedroom twin dwelling at 871 2nd Street Pike, and five three-bedroom twin homes located at 869, 870, and 868 Bustleton Pike, each currently rented at $1200 per month on a month-to-month basis. These existing structures provide immediate income potential while allowing for future development plans. The property's C-2 zoning allows for a wide range of commercial uses, making it ideal for projects such as a medical building or a shopping center with integrated apartments. This prime location in Richboro offers excellent visibility and accessibility, presenting a compelling opportunity for investors seeking a high-return commercial development project. The highest and best use is clearly commercial development, offering significant upside potential for the discerning buyer. The property is offered at $2,300,000.

Property profile
Verified
Property type Mixed-use properties
Year built 1900
Lot 1.35 ac (58,806 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
  • Richboro Imported Car Vehicle Inspection Center
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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